LONDON, Dec 15 (Reuters) – Britain on Monday said it had finalised a free trade deal with South Korea after two years of talks to upgrade their post-Brexit trading relationship, secure preferential market access, and lock in lower tariffs for longer. Talks on the upgraded trade deal with South Korea were launched two years ago, …
Britain clinches upgraded South Korea trade deal Read More »
ORLANDO, Florida, Dec 15 (Reuters) – Caution weighed on Wall Street on Monday as investors awaited Tuesday’s U.S. jobs report, while underlying selling pressure and uncertainty over who will be nominated to replace Federal Reserve Chair Jerome Powell eroded earlier gains in Treasuries. More on that below. In my chart-based column today, I look at …
Dec 15 (Reuters) – The Asian Development Bank and India signed agreements on five loans worth over $2.2 billion for development projects in the country, the federal government said in a statement on Monday. The loans would support projects involving skill development, solar power, healthcare and railways, the statement said. (Reporting by Kanjyik Ghosh in …
India, ADB agree loans worth over $2.2 billion for development projects Read More »
By Joe Cash BEIJING, Dec 15 (Reuters) – China’s factory output growth slowed to a 15-month low, while retail sales posted their worst performance since the country abruptly ended its draconian “zero-COVID” curbs, highlighting the urgent need for new growth drivers heading into 2026. With Beijing’s consumer trade-in subsidies fading, a drawn-out property crisis weighing …
China’s economy stalls in November as calls grow for reform Read More »
(Corrects paragraph 1 to remove erroneous reference to tanker being Venezuelan) By Siyi Liu and Chen Aizhu SINGAPORE, Dec 15 (Reuters) – The volume of Venezuelan oil already headed to China before the U.S. seized a tanker off the South American country’s coast last week, plus a glut of crude in storage and weak demand, …
Ample oil supply shields China from impact of Venezuela disruption, for now Read More »
SAN FRANCISCO, Dec 15 (Reuters) – Nvidia on Monday unveiled a new family of open-source artificial intelligence models that it says will be faster, cheaper and smarter than its previous offerings, as open-source offerings from Chinese AI labs proliferate. Nvidia is primarily known for providing chips that firms such as OpenAI use to train their …
Nvidia unveils new open-source AI models amid boom in Chinese offerings Read More »
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan, Dec 15 (Reuters) – Pakistan’s central bank cut its key interest rate by 50 basis points to 10.5% on Monday, breaking a four-meeting hold in a surprise move it said was aimed at supporting sustainable economic growth while keeping inflation within target. All 12 analysts in a …
Pakistan cuts key rate by 50 bps to 10.5% in surprise move Read More »
By Nell Mackenzie LONDON, Dec 15 (Reuters) – Hedge funds sold Hong Kong and Japanese stocks last week, Goldman Sachs said in a note, just before the tech-heavy Hang Seng and Nikkei indices fell in the last two trading sessions on worries over over-inflated tech values. Japan’s blue-chip Nikkei share average dropped more than 1% …
Hedge funds ditched tech stocks in Japan and Hong Kong last week, says Goldman Read More »
By Uditha Jayasinghe Dec 15 (Reuters) – Sri Lanka’s economy grew 5.4% year-on-year in the third quarter of 2025, official data showed on Monday, signaling a sustained recovery from the decade’s worst financial crisis in 2022. The island nation’s economy had grown 4.9% in the preceding quarter. Sri Lanka’s agriculture sector grew by 3.6% in …
Sri Lankan economy grew 5.4% in third quarter of 2025 Read More »
By Rene Wagner and Maria Martinez BERLIN, Dec 15 (Reuters) – China will fall out of Germany’s top five export destinations for the first time since 2010, dropping to seventh place as shipments decline 10% to 81 billion euros ($95.04 billion) this year, a government trade agency forecast on Monday. China, which was in fifth …
China to fall out of Germany’s top five export destinations for first time since 2010 Read More »
