China can accept GDP growth of less than 5%, says People's Daily
BEIJING (Reuters) - China is not wedded to achieving specific GDP growth rates, and a pace of less than 5% for the economy is acceptable as there is no need for the "worship of...
Thai business group sees GDP growth at 2.8% this year, risks ahead
BANGKOK (Reuters) - Thailand's economy is expected to grow 2.8% this year, the top end of a previous forecast range of 2.6% to 2.8%, helped by stronger exports and government...
UN seeks $47 billion in aid as donor appetite shrinks while crises multiply
By Emma Farge GENEVA (Reuters) - The United Nations on Wednesday sought $47 billion in aid for 2025 to help around 190 million people fleeing conflict and battling starvation, at a...
Thai November headline inflation misses forecast, below central bank target
BANGKOK (Reuters) - Thailand's headline consumer price index (CPI) rose 0.95% in November from a year earlier, driven by higher food and energy prices, after the previous month's...
ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper
VIENNA (Reuters) - It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB...
China's SenseTime reshapes to focus on generative AI growth
BEIJING (Reuters) - Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed at ramping up its shift toward...
Australia's Q3 GDP growth disappoints, markets now see April start to rate cuts
By Stella Qiu SYDNEY (Reuters) -Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government...
China's services activity expansion eases in Nov, Caixin PMI shows
BEIJING (Reuters) - China's services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a private sector survey showed,...
Dollar holds ground as Fed path pondered; won stable after martial law lifted
By Kevin Buckland TOKYO (Reuters) - The U.S. dollar recovered from a three-week low versus the yen on Wednesday and held its ground against other major rivals as traders pondered...
Tariffs likely to delay return to 2% inflation in 2025, Goldman Sachs says
-- Goldman Sachs expects increased U.S. trade tariffs under a Trump presidency, especially against China, to delay inflation from reaching the Federal Reserve's 2%...