By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, […]
German economy may contract slightly in 2023 – IMF
BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial […]
Debt restructuring talks at G20 meet hurt by differences, low attendance
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third […]
Wall Street banks cut China’s growth forecast after dull second quarter
By Aniruddha Ghosh and Roshan Abraham (Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China’s growth forecast for 2023 after the […]
Morgan Stanley cuts China’s 2023 and 2024 growth forecasts
LONDON (Reuters) – Morgan Stanley revised down its China 2023 economic growth forecast by 0.7 percentage points to 5% on […]
China’s Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations
(Reuters) – China’s economy grew at a frail pace in the second quarter, although the annual figure was flattered by […]
German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite […]
Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest […]