BEIJING (Reuters) -China’s factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through production lines acro[...]
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January 1, 2023
Global economy faces tougher year in 2023, IMF’s Georgieva warns
By Dan Burns (Reuters) -For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakeni[...]
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Historic new year for Croatia as it joins euro, Schengen area
BREGANA BORDER CROSSING, Croatia (Reuters) – Croatia rang in two historic changes with the new year, as the European Union’s youngest member joined both the EU’s border-free Schengen[...]
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Market misery deals sovereign wealth funds historic setback in 2022 -study
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the combined value of the world’s sovereign wealth and public pension funds for the first[...]
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Germany’s finance minister sees 2023 inflation at 7%
BERLIN (Reuters) – Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7% this year and to continue falling in 2024 and beyond, but believes high ener[...]
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Meta set to make decision on Trump’s return to Facebook – FT
(Reuters) – Facebook owner Meta Inc is preparing to announce whether it will allow former U.S. President Donald Trump back on to Facebook and Instagram, the Financial Times reported on Sunday. T[...]
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China’s BYD raises car prices after subsidy cuts
SHANGHAI (Reuters) – Leading Chinese electric car manufacturer BYD Co has adjusted its product prices starting from Jan. 1, citing the impact of reduced subsidies for new energy vehicles since N[...]
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Bank of Korea chief sees more conflict between goals
SEOUL (Reuters) – The head of South Korea’s central bank said on Sunday it would likely face an increasing conflict between policy goals in 2023 as the effect of the recent aggressive poli[...]
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China home prices fall at faster pace in December – private survey
BEIJING(Reuters) – China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising COVID-19 cases despite a[...]
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