German Bond Yields Near 9-Month High Amid Tight Monetary Policy; Austrian Manufacturing Returns to Contraction
German bond yields near 9-month high; Austria's manufacturing contracts again, highlighting eurozone's mixed economic trends.
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German bond yields near 9-month high; Austria's manufacturing contracts again, highlighting eurozone's mixed economic trends.
Russia's unemployment hit a record low of 2.1% in Nov 2025, but labor shortages may threaten economic growth and raise wage pressures.
China's industrial profit growth slowed to 0.1% in Jan-Nov 2025 amid weak demand, rising costs, and sectoral divergence; outlook remains uncertain.
European stocks closed flat in light pre-Christmas trade; luxury stocks rose, while BP and Sanofi fell on company news.
Swiss investor confidence fell in December, but current conditions and long-term outlook improved, with a strong Swiss franc expected to persist.
European stocks hit record highs, led by Novo Nordisk's 6% surge after FDA approval for oral Wegovy; pharma and defensive sectors also gained.
India has opened its insurance sector to 100% foreign investment, eliminating the previous 74% cap, to attract foreign capital and bolster economic growth.
Wealthy London boroughs face over 5% tax hikes as councils gain power to raise taxes, redistributing funds to poorer areas.
European stocks mixed, pressured by tech declines and awaiting central bank decisions. STOXX 50 down 0.7%, defense and energy sectors gain.
China has reached its annual urban employment goal ahead of schedule, adding 12.1 million jobs, while the unemployment rate stands at 5.2%.
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