LONDON (Reuters) - PIMCO, one of the world's largest bond investors, said it is still positive about UK government bonds amid a steep market-sell off, adding that much of the increase in yields has be ...

TOKYO (Reuters) - Wage hikes are broadening in Japan as structural labour shortages have made firms more aware of the need to keep hiking pay, the central bank said, suggesting that conditions for a n ...

LONDON (Reuters) - Rachel Reeves is facing her first major test as Britain's finance minister after the government's borrowing costs jumped sharply this week and the pound tumbled, potentially forcing ...

Global real estate firm Jones Lang LaSalle (JLL) said that property transactions in Germany rose to 35.3 billion euros ($36.42 billion) in 2024, an increase of 14% from a slump in 2023.Colliers, meanw ...

European families are sitting on an ever-growing pile of savings, confounding hopes that consumer largesse will kickstart the region's stagnant economy."The saving rate is expected to remain high in t ...

LOS ANGELES (Reuters) - A rapidly growing wildfire raged across an upscale section of Los Angeles on Tuesday, destroying numerous buildings and creating traffic jams as more than 30,000 people evacuat ...

COLOMBO (Reuters) - Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in seven years, its central bank chief said on Wednesd ...

DAR ES SALAAM (Reuters) - Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of keeping inflation be ...