China’s Nov exports likely grew 8.5% as factories shift stocks overseas: Reuters poll

By Liz Lee and Joe Cash BEIJING (Reuters) – China’s exports likely grew in November, slower than last month’s bumper data but continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming U.S. administration. Outbound shipments are expected to have risen 8.5% year-on-year by value in November, the …

China’s Nov exports likely grew 8.5% as factories shift stocks overseas: Reuters poll Read More »

China’s inflation weakens as new risks cloud horizon

BEIJING (Reuters) -China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing’s recent efforts to shore up faltering economic demand are having only limited impact. The world’s second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still …

China’s inflation weakens as new risks cloud horizon Read More »

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) -Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward revisions in capital investment and exports, keeping alive market expectations for a near-term interest rate hike by the central bank. But a downward revision on consumption underscores the fragile nature of the …

Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations Read More »

Australia’s Woolworths hikes worker wages to resolve strike action, shares gain

By Adwitiya Srivastava (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 …

Australia’s Woolworths hikes worker wages to resolve strike action, shares gain Read More »