UK Says Recession Ended With Stronger Than Expected Growth
Britain bounced back strongly from a shallow recession, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to grow the economy.
Britain bounced back strongly from a shallow recession, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to grow the economy.
The premium Chinese stocks have over their Hong Kong listings has shrunk, driven by a potential dividend tax waiver for equities bought in the city through a China trading link.
Australia probably recorded a second consecutive budget surplus — a rare example of fiscal strength in a world dominated by deficits — due to stronger commodity prices and an ultra-tight labor market.
European stock futures and Asian shares gained after the latest jobs data supported the case for US interest-rate cuts.
Money managers are piling into the European Union’s bonds in anticipation of a major shift in their status that would open up the bloc’s debt to a bigger pool of investors.
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