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Syrians in Germany show no rush to leave as their labour is in demands

Syrian employers, trade unions and business associations are now speaking up to stress how much they are needed in a German economy facing deep labour shortages

China's yuan eases after remarks at key economic meeting fail to inspire

China's 10-year and 30-year sovereign bond yields fell over 4 basis points each to record lows of 1.7650 per cent and 1.9950 per cent, respectively

Asian shares fall, long-dated Treasuries prepare for worst week in a year

It has been a week of rate cuts from Switzerland, Canada and the European Central Bank, which had rate differentials working in the favour of the US dollar

UK consumer confidence touches 4-month high in December: GfK survey

Monthly consumer confidence index from market research firm GfK rose to -17 in December from -18 in November, the highest reading since August

China leads global EV sales as it hits third consecutive record high

China continued to lead sales growth, accounting for almost 70 per cent of total EV sales in the month, while registrations in Europe showed a marginal decline

Moldova declares emergency for 60 days as risk of Russian gas cutoff looms

56 members in 101-seat chamber backed measure in the vote just after midnight following Prime Minister Dorin Recean's call for approval to ensure Moldova's separatist Transdniestria region secured gas

Trump's trade adviser warns against China's attempt to manipulate currency

Peter Navarro, Trump's new senior counselor for trade and manufacturing, said White House would not interfere with the Treasury's review to see foreign trade partners are not manipulating currencies

Venture Global's Plaquemines plant to produce first LNG in few days

Having sales contracts in place for the LNG plant aided Venture Global's financing efforts for the new facility

Cantor Fitzgerald pays $6.75 mn to settle 'misleading' SPAC disclosures

According to the SEC, in 2020 and 2021 a team of Cantor Fitzgerald executives managed and controlled two SPACs that raised $750 million from investors through IPOs ahead of the SPACs' eventual mergers

Accel-backed Bluestone Jewellery eyes $1.4 bln valuation in India IPO

The IPO also comes at a time when urban consumption is slowing amid sticky inflation, potentially clouding the growth view for a company like Bluestone, whose business is built on discretionary produc

HSBC, IFC launch $1 bn trade finance programme for emerging markets

Demand for trade finance far outpaces supply, especially in emerging markets, with the global trade finance gap last estimated at $2.5 trillion, according to a report from the Asian Development Bank

Donald Trump to discuss ending childhood vaccination programs with RFK Jr

Robert F. Kennedy Jr is US President-elect Donald Trump's nominee to run the Department of Health and Human Services

British trader gets 12 years' jail in Denmark for 'cum-ex' tax fraud

Shah has denied any wrongdoing, arguing earlier in court that he used a legal loophole, which meant the trades did not break the law, and that he should be acquitted

ECB cuts rates 25 bps to 3% amid worsening growth outlook for Euro zone

The ECB has been easing policy as inflation worries largely evaporate and the debate shifts to whether it is cutting rates fast enough to support an economy that is lagging global peers

Oil little changed as IEA surplus forecast offsets rate cut optimism

Global oil demand rose at a slower-than-expected rate this month, but has remained resilient, analysts at JPMorgan said in a note on Thursday

Samsung accuses India watchdog of detaining employees, seizing data

3 Samsung employees were present in the vicinity of the search when the watchdog's officials detained them, seized their phones and copied all the confidential and privileged data, the company said

Govt may soon decide whether to curb steelmaking raw material imports

The trade ministry's Directorate General of Trade Remedies (DGTR) said in April the curbs were meant to protect domestic met coke producers from rising imports, which have increased by more than 61%

Trump crypto venture likely used by criminals, Iran-backed militants

World Liberty Financial Inc founded by the Witkoff family two months before November's US election with Trump as a financial beneficiary

Rupee falls to an all-time low, RBI intervention counters bearish tilt

While dollar-rupee forward premiums rose on Thursday in reaction to the heightened odds of a Fed rate cut and on the back of an elevated USD/INR overnight swap rate, they were pegged by the central

RBI's forex swaps, arbitrage spur inversion of rupee forward premiums curve

The implied yield on near-maturity forwards is now higher than on longer-term forwards for the first time this year