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Economy

Economy

Turkey raises monthly minimum wage by 30% for 2025

ISTANBUL (Reuters) – Turkey’s net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on…
Economy

China extends EU brandy anti-dumping investigation by three months

BEIJING (Reuters) -China’s commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by…
Economy

Chinese tricksters take cue from Squid Game to prey on the indebted

By Ryan Woo, Ethan Wang and yukun zhang BEIJING (Reuters) – In China’s take on Squid Game, fraudsters are preying on the…
Economy

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

By Nevzat Devranoglu ANKARA (Reuters) – Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage…
Economy

Fed will be forced to ease by ‘more than 50 bps’ next year: BCA

Investing.com — BCA Research expects the Federal Reserve to cut interest rates by more than 50 basis points (bps) in 2025, diverging…
Economy

Fed’s rate path, Starbucks, xAI funding – what’s moving markets

Investing.com — Wall Street is seen trading largely flat in holiday-impacted trade Tuesday, with Starbucks in focus as the strike affecting the…
Economy

Japanese PM Ishiba: important to strengthen US-Japan alliance

TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba said on Tuesday he wanted to strengthen his country’s alliance with the United States,…
Economy

China to issue record special treasury bonds in 2025 to bolster economy

Investing.com — China is set to issue 3 trillion yuan ($411 billion) in special treasury bonds next year, marking the largest issuance…
Economy

Futures muted before shortened Christmas Eve trading

(Reuters) – U.S. stock index futures remained subdued ahead of Tuesday’s shortened trading session, with Wall Street entering a historically strong period…
Economy

Biden launches new US trade probe into legacy Chinese chips

By David Lawder WASHINGTON (Reuters) – The Biden administration on Monday announced a last-minute trade investigation into Chinese-made “legacy” semiconductors that could…
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