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By Tom Westbrook SINGAPORE (Reuters) – Asian stocks leapt while the dollar was nursing its heaviest losses in a year on Wednesday, as steady U.S. inflation figures boosted investor confidence that the Federal Reserve was done hiking interest rates and may start cutting early next year. U.S. headline consumer prices were flat in October, against […]

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks leapt while the dollar was nursing its heaviest losses in a year on Wednesday, as steady U.S. inflation figures boosted investor confidence that the Federal Reserve was done hiking interest rates and may start cutting early next year. U.S. headline consumer prices were flat in October, against […]

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks leapt while the dollar was nursing its heaviest losses in a year on Wednesday, as steady U.S. inflation figures boosted investor confidence that the Federal Reserve was done hiking interest rates and may start cutting early next year. U.S. headline consumer prices were flat in October, against […]

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks leapt while the dollar was nursing its heaviest losses in a year on Wednesday, as steady U.S. inflation figures boosted investor confidence that the Federal Reserve was done hiking interest rates and may start cutting early next year. U.S. headline consumer prices were flat in October, against […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s industrial output and retail sales growth beat expectations in October, but the underlying economic picture highlighted significant pockets of weakness with the crisis-hit property sector continuing to forestall a full-blown revival. The world’s second-biggest economy has struggled to mount a strong post-COVID recovery as distress in […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s industrial output and retail sales growth beat expectations in October, but the underlying economic picture highlighted significant pockets of weakness with the crisis-hit property sector continuing to forestall a full-blown revival. The world’s second-biggest economy has struggled to mount a strong post-COVID recovery as distress in […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s industrial output and retail sales growth beat expectations in October, but the underlying economic picture highlighted significant pockets of weakness with the crisis-hit property sector continuing to forestall a full-blown revival. The world’s second-biggest economy has struggled to mount a strong post-COVID recovery as distress in […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s October economic activity perked up as industrial output grew at a faster pace and retail sales growth beat expectations, an encouraging sign for an economy still showing significant pockets of weakness despite a flurry of support measures. The world’s second-biggest economy has struggled to mount a […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s October economic activity perked up as industrial output grew at a faster pace and retail sales growth beat expectations, an encouraging sign for an economy still showing significant pockets of weakness despite a flurry of support measures. The world’s second-biggest economy has struggled to mount a […]

By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s October economic activity perked up as industrial output grew at a faster pace and retail sales growth beat expectations, an encouraging sign for an economy still showing significant pockets of weakness despite a flurry of support measures. The world’s second-biggest economy has struggled to mount a […]