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BEIJING (Reuters) -China is confident it will achieve an annual average growth rate of 4.17% over the next decade, the level needed for it to become a medium-level developed country in terms of GDP per capita by 2035, said an official book outlining proposals for the next five-year plan. “Based on the goal of China’s …

China needs 4.17% annual GDP growth to meet 2035 goal, publication shows Read More »

(Reuters) -French consumer prices rose slightly less than expected in October as energy costs declined further and food price rises moderated, preliminary data from statistics agency INSEE showed on Friday. France’s harmonised inflation rate, adjusted for comparison with other euro zone countries, was 0.9% year-on-year in October, down from 1.1% in September. A Reuters poll …

French inflation slows in October as energy prices drop Read More »

By Kevin Buckland TOKYO (Reuters) -Japan’s Nikkei share average climbed to an all-time high on Friday, posting its biggest monthly gain in three decades, as tech stocks rallied following strong sales forecasts from Amazon and Apple. A weaker yen also boosted heavyweight exporters, following its slide to a record low against the euro and the …

Japan’s Nikkei climbs to record high on tech rally, posts best month in 3 decades Read More »

SYDNEY (Reuters) -U.S. tariffs have acted as a negative demand shock for a small open economy like New Zealand’s, Prasanna Gai, a member on the Reserve Bank of New Zealand’s rate setting committee, said on Friday. At an event in Melbourne, Gai said along with the much broader uncertainty shock, these shocks appear to have …

RBNZ policymaker says US tariffs are a negative demand shock for New Zealand’s economy Read More »

BEIJING (Reuters) -China’s non-manufacturing activity returned to expansion in October, an official survey showed on Friday. The non-manufacturing purchasing managers’ index (PMI), which includes services and construction, rose to 50.1 from 50.0 in September, according to the National Bureau of Statistics (NBS). The NBS composite PMI of manufacturing and non-manufacturing fell to 50.0 in October, …

China non-manufacturing activity expands in September, PMI shows Read More »

By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will keep its key interest rate unchanged at 3.60% on Tuesday as an inflation spike delays policy easing, according to economists in a Reuters poll who now expect the next and final rate cut in the cycle in 2026. Annual consumer price inflation jumped to …

RBA seen holding rates as inflation surge pushes next cut to 2026: Reuters poll Read More »