Investing.com– Chinese consumer inflation shrank more than expected in November as a swathe of recent stimulus measures did little to offset a stubborn deflationary trend, while producer inflation also contracted. Consumer price index inflation shrank 0.6% month-on-month in November, government data showed on Monday. The reading was softer than expectations for a drop of 0.4%…
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – The commander of South Korea’s special forces that stormed parliament last week after a martial law declaration said on Monday he was ordered to block lawmakers from entering the chamber to prevent a vote to lift the emergency measure. Colonel Kim Hyun-tae, the commanding officer of…
Investing.com– Apple Inc (NASDAQ:AAPL) said on Sunday that it will begin opening its own retail stores in the Kingdom (TADAWUL:4280) of Saudi Arabia from 2026, and will launch its online Apple Store in the country in the coming year. Apple said its Apple Store online will launch in Saudi Arabia in Summer 2025, and that…
Investing.com– Flipkart, India’s largest e-commerce platform valued at $36 billion, is gearing up for an initial public offering (IPO) in the next 12-15 months, the Economic Times reported on Monday, citing sources familiar with the matter. The upcoming IPO is expected to be one of the largest public listings by a new-economy company, underscoring the…
By Wayne Cole SYDNEY (Reuters) – Asian shares were dragged by a slide in South Korea on Monday ahead of a packed week of central bank meetings that should see borrowing costs take a step lower, while U.S. inflation data are the last hurdle to a further policy easing there. Political tumult in France and…
Investing.com– U.S. President-elect Donald Trump revealed his plans for his first day in office and beyond, and promised sweeping changes ranging from immigration reforms to economic policies, in a weekend interview with NBC News. Trump pledged to issue mass pardons for individuals convicted in the January 6 Capitol attack, claiming many have faced harsh treatment….
WASHINGTON (Reuters) – President-Elect Donald Trump announced Sunday that his personal lawyer, Alina Habba, will serve as counselor to the president in his upcoming second term. Trump said in a Truth Social post that Habba had shown “unwavering loyalty” as part of Trump’s legal team across several criminal and civil trials, and called her a…
By Andy Bruce (Reuters) – Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs of the impact of the tax increases on employers. The Recruitment and Employment Confederation trade body and accountants KPMG said their index of demand for…
Investing.com– U.S. stock index futures moved little on Sunday evening as investors awaited key inflation data this week for more cues on interest rates, while focus was also on heightened geopolitical tensions in Syria. Futures steadied after Wall Street indexes hit record highs on Friday, where technology stocks continued to push higher as stronger-than-expected nonfarm…
(Reuters) – Australia’s top grocer Woolworths said on Monday it has reached an agreement with industrial union workers to increase wages, resolving the strike action that had been affecting store service levels at Woolworths supermarkets across Australia. Hundreds of workers joined forces last month to go on an indefinite strike in retaliation against wages and…
