News
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UPDATE 1-Brazil's federal public debt up 1.85% in November, bond yields surge
Adds further data, context in paragraphs 2-7 BRASILIA, Dec 26 (Reuters) - Brazil's federal public debt rose 1.85% in November from the previous month, Treasury data showed on Thursday, amid a sharp increase in bond yields driven by fiscal concerns.The total debt stock reached 7.204 trillion reais...Reuters
Thu, Dec 26
UPDATE 1-Manmohan Singh, India's reluctant prime minister, dies aged 92
Adds biographical details, changes media identifierBy Devjyot Ghoshal and Matthias WilliamsNEW DELHI, Dec 26 (Reuters) - Described as a "reluctant king" in his first stint as prime minister, the soft-spoken Manmohan Singh, who died on Thursday at the age of 92, was arguably one of India's most succe...Reuters
Thu, Dec 26
Brazil's federal public debt up 1.85% in November
BRASILIA, Dec 26 (Reuters) - Brazil's federal public debt increased by 1.85% in November from the previous month to 7.204 trillion reais ($1.17 trillion), Treasury data showed on Thursday. ($1 = 6.1677 reais) (Reporting by Marcela Ayres; editing by Gabriel Araujo) ((marcela.ayres@thomsonreuters.com;...Reuters
Thu, Dec 26
Manmohan Singh, India's reluctant prime minister, dies aged 92
By Devjyot Ghoshal and Matthias WilliamsNEW DELHI, Dec 26 (Reuters) - Described as a "reluctant king" in his first stint as prime minister, the quietly spoken Manmohan Singh was arguably one of India's most successful leaders.The first Sikh in office, Singh, 92, was being treated for age-related med...Reuters
Thu, Dec 26
UPDATE 4-Last-minute shopping boosts holiday sales above prior forecast, Mastercard says
Steep discounts, higher promotions boost holiday spendingShoppers buy more online, with spending up 6.7% from last yearCustomers splurge on apparel, jewelry and electronics for giftsAdds comments from Mastercard adviser, background on retailers' holiday plans in paragraphs 3-11By Savyata Mishra and...Reuters
Thu, Dec 26
UPDATE 1-New US jobless claims slip, but people are remaining unemployed for longer
New claims in line with average over past yearContinued claims hit highest in 3 years but not showing signs of spikingUnemployment duration has been grinding up as hiring slowsAdds details, economist comment and background Dec 26 (Reuters) - The number of Americans filing new applications for job...Reuters
Thu, Dec 26
TREASURIES-Yields firm in thin trade before 7-year auction
By Alden BentleyNEW YORK, Dec 26 (Reuters) - The yield on the benchmark U.S. Treasury note rose to an eight- month high in thin holiday trade on Thursday, shaking off weekly data showing a solid employment picture that should allow the Federal Reserve to adopt a less dovish stance in 2025. Claims f...Reuters
Thu, Dec 26
UPDATE 3-US holiday retail sales stronger than last year with online boost, Mastercard says
Steep discounts, higher promotions boost holiday spendingShoppers buy more online, with spending up 6.7% from last yearCustomers splurge on apparel, jewelry and electronics for giftsAdds bullets, detail in paragraph 6By Savyata Mishra Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1...Reuters
Thu, Dec 26
US weekly jobless claims fall slightly
Dec 26 (Reuters) - The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market. Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the w...Reuters
Thu, Dec 26
US weekly jobless claims fall slightly
Dec 26 (Reuters) - The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market. Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the w...Reuters
Thu, Dec 26
UPDATE 2-US holiday retail sales stronger than last year with online boost, Mastercard says
Adds background, details in paragraphs 6-10 Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump w...Reuters
Thu, Dec 26
UPDATE 1-US holiday retail sales stronger than last year with online boost, Mastercard says
Adds details in paragraphs 3-5 Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump was well above...Reuters
Thu, Dec 26
US holiday retail sales come in above forecast, Mastercard says
Dec 26 (Reuters) - U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as customers turned to last minute shopping due to intense holiday season promotions, a Mastercard report showed on Thursday.The jump in sales was higher than a 3.2% rise forecast by Mastercard in September and well above a 3...Reuters
Thu, Dec 26
UPDATE 2-China revises up 2023 GDP, sees little impact on 2024 growth
China revises 2023 GDP by 2.7% in latest economic censusSays little impact expected on 2024 economic growthPolicymakers pledge more stimulus to keep growth stable in 2025Adds details; paragraphs 4-5, 12-15By Kevin Yao and Ellen Zhang BEIJING, Dec 26 (Reuters) - China revised upwards on Thursday t...Reuters
Thu, Dec 26
CORRECTED-UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Corrects number of people employed in the whole property sector to 14.398 million from 1.04 million at end-2023, in paragraph 11 BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said...Reuters
Thu, Dec 26
UPDATE 1-China revises up 2023 GDP to $17.73 trln, rules out impact on 2024 figure
Adds NBS official quotes, economic context BEIJING, Dec 26 (Reuters) - China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top statistics official said on Thursday, while releasing the fifth national economic census.Policy support late t...Reuters
Thu, Dec 26
China revises up 2023 GDP to $17.73 trillion
BEIJING, Dec 26 (Reuters) - China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China's fifth National Economic Census, released by the bureau...Reuters
Thu, Dec 26