December Sees a Surge: UK House Prices Jump by 3.3%
UK house prices have unexpectedly risen by 3.3% in December, sparking discussions on the factors behind this surge and its implications for the housing market.
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Japanese Finance Minister Expresses Concern Over Unstable Foreign Exchange Movements
Japanese Finance Minister Katsunobu Kato expresses alarm over recent speculative-driven foreign exchange movements, emphasizing the need for stable currency trends that reflect eco...
Durian Mania Sweeps China: A Culinary Revolution Fueled by the King of Fruits
China's catering industry is riding the durian wave, with innovative dishes and promotions capturing the nation's palate. From buffets to milk tea, durian's popularity is soaring, ...
Michael Barr Announces Resignation as Fed's Supervision Vice Chair, Shifting Regulatory Landscape Ahead
Michael Barr, the Federal Reserve Board's Vice Chair for Supervision, will resign effective February 28, 2025, but remain on the Board of Governors. The Fed plans to hold off on ma...
November Sees a 0.4% Dip in US Factory Orders: A Closer Look at the Economic Slowdown
In November, US factory orders declined by 0.4%, a $2.1 billion drop to $586.1 billion, contrasting October's 0.5% rise. Durable goods orders fell by 1.2%, while shipments and unfi...
Federal Reserve's Lisa Cook Hints at Gradual Rate Cuts Amid Economic Stability
Federal Reserve Governor Lisa Cook indicates a move towards gradual rate cuts as inflation and labor market dynamics stabilize, while highlighting future financial stability concer...
Germany's Inflation Surges to 2.6% in December, Exceeding Expectations
Germany's inflation rate unexpectedly rose to 2.6% in December, surpassing analyst predictions. The Consumer Price Index increased by 0.4% month-over-month, while food prices went ...
Prime Minister Calls for Policy Overhauls in HCMC to Secure $200B Investments by 2030
Prime Minister Chinh urges Ho Chi Minh City to implement policy changes to attract $200 billion in investments by 2030, aiming to transform it into a global city with a focus on gr...
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