International

British lenders approved fewer mortgages than expected in November and consumer lending increased at the weakest pace since mid-2022, according to Bank of England data that chimed with other indications ...

Lending to eurozone companies and households grew at a modest pace in November, pointing to a lacklustre end of the year for the bloc’s economy, European Central Bank data ...

British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a survey showed on Thursday, ...

The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record and up from 38.075 billion pounds at ...

Sterling dropped to a near-nine month low against the dollar on Thursday, hurt by the US currency’s relentless rise on expectations of dollar-supportive policies from incoming President Donald Trump ...

Tesla (TSLA.O) reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand ...

Casino revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former ...

Investors are expecting more gains for the US stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies ...

US planemaker Boeing (BA.N) is on track to be the biggest loser of 2024 in the Dow Jones Index, tumbling 32 per cent as it bounced from one crisis to another. ...

Bitcoin more than doubled in 2024 driven by the US markets regulator’s approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump ...

Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts ...

World stocks held steady on Tuesday in cautious year-end trading that has seen investors bracing for the incoming Donald Trump administration by scaling back bets on deep US interest rate ...

Egypt’s GDP growth rate was 3.5 per cent in the first quarter of its 2024/25 year, the planning ministry said on Tuesday. This represents an increase from the rate of 2.7 per ...

Kuwait will impose a minimum top-up tax (DMTT) of 15 per cent on multinational enterprises operating in the country, starting in January, the finance ministry said this week. The finance ministry ...

Greece on Tuesday successfully raised €600 million through a three-month treasury bill auction, according to the Public Debt Management Agency (PDMA). The bills were sold at a yield of 3.00 per cent, ...

Gradual interest rate cuts in Turkey next year will boost the banking sector and support demand for Turkish lira assets, Garanti BBVA (GARAN.IS) bank Chief Executive Mahmut Akten said ...

Global property catastrophe reinsurance rates will fall 5 per cent to 15 per cent on Jan. 1 for books of businesses which have not suffered losses, reinsurance broker Guy Carpenter has said, as ...

South Korea’s factory output fell more sharply than expected in November, government data showed on Monday, amid slowing exports and weakening business confidence. The industrial output index (KRIO=ECI) ...

Gold prices slipped in thin trade on Monday, as markets awaited next week’s US economic data and the potential impact of President-elect Donald Trump’s return to office on ...

The International Air Transport Association (IATA) has released new estimates for sustainable aviation fuel (SAF) production, revealing slower-than-expected growth. In 2024, SAF production reached 1 million tonnes (1.3 billion litres), doubling the 0.5 million ...

The value of Portuguese homes that changed hands in the third quarter rose 28 per cent to a record 9.05 billion euros ($1.04 billion), potentially aggravating a shortage of affordable housing, as interest ...

Toyota Motor’s (7203.T) global production decreased for a 10th straight month in November, the Japanese carmaker said, although its worldwide sales grew for the second consecutive month on solid ...

New Nike (NKE.N) CEO Elliott Hill’s plan to refocus on sports that are core to its brand like basketball and running allayed some investor worries on December 20, but ...

It’s been a brutal year to be in the battery metals business. Prices of lithium, nickel and cobalt collapsed in 2023 and have continued grinding steadily lower over the course ...