Data confirmed estimates that German GDP would shrink 0.1% Germany’s economy shrank slightly in the third quarter compared with the previous three months, statistics office data showed on Friday. The numbers confirmed an initial estimate, published at the end of October, which indicated that Europe’s largest economy had shrunk by 0.1%. (GRAPHIC FROM THE
© Reuters. The People’s Bank of China (PBOC) announced plans on Friday to integrate its fintech regulatory tools with Hong Kong and Macao, aiming to fortify cross-border fintech applications. The announcement was made by Deputy Governor Zhang Qingsong at the HK FinTech Week. The initiative involves collaboration with the Hong Kong Monetary Authority (HKMA) and
© Reuters. Economic strategists anticipate a potential resurgence of Thailand’s national currency, the baht, driven by recent growth initiatives announced by Prime Minister Srettha Thavisin. According to predictions by Ebury and Societe Generale (OTC:) SA on Monday, the baht is expected to strengthen by over 5% and reach 34 per dollar by the end of
