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German inflation hits highest level in almost 3 years

German inflation hits highest level in almost 3 years

By Maria Martinez BERLIN, Sept 30 (Reuters) - German inflation accelerated to its highest level since December 2023 and seasonally adjusted unemployment rose back above 3 million in September, illustrating the challenges still facing Europe's largest economy after a stronger-than-expected first half
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German unemployment and state inflation rise in September

German unemployment and state inflation rise in September

By Maria Martinez BERLIN, Sept 30 (Reuters) - The number of unemployed people in Germany rose significantly more than expected in September and inflation rose in five states, pointing to a national increase.
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Asian factory activity expands thanks to global AI boom

Asian factory activity expands thanks to global AI boom

By Leika Kihara TOKYO, Oct 1 (Reuters) - Factory activity across Asia expanded in September thanks to the global AI boom, private surveys showed on Thursday, offering some relief to policymakers who are concerned about nagging cost pressures attributable to the US-Israeli war on Iran.
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Japan September factory growth slows to 6-month low, PMI shows

Japan September factory growth slows to 6-month low, PMI shows

TOKYO, Oct 1 (Reuters) - Japan's manufacturing sector expanded at its weakest pace in six months in September as output and new order growth slowed, a business survey showed on Thursday.
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Trump says he discussed release of political prisoners with Xi

Trump says he discussed release of political prisoners with Xi

By Gram Slattery and Kanishka Singh WASHINGTON, Sept 30 (Reuters) - US President Donald Trump said on Wednesday he discussed the release of political prisoners with Chinese President Xi Jinping when the two leaders met last week. DETAILS AND QUOTES: • "I did with President Xi.
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US second-quarter GDP revised higher amid robust consumer spending

US second-quarter GDP revised higher amid robust consumer spending

WASHINGTON, Sept 30 (Reuters) - The US economy grew at a solid clip in the second quarter, driven by robust consumer spending and business investment related to the buildout of AI infrastructure.
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Analysis-Investors wary of slowdown in US corporate profit boom

Analysis-Investors wary of slowdown in US corporate profit boom

By Lewis Krauskopf NEW YORK, Oct 1 (Reuters) - A massive year for corporate profit growth is driving US stock market gains, but investors' hesitancy that the good times will roll on without a hitch is seeping into equity valuations.
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China's Golden Week travel surge masks cautious consumer spending

China's Golden Week travel surge masks cautious consumer spending

By Sophie Yu and Julie Zhu BEIJING/HONG KONG, Sept 29 (Reuters) - Chinese travellers are booking longer holidays and venturing further afield for this year's National Day holiday, yet a prolonged slowdown in consumer spending means record travel volume may not translate into bigger spoils, analysts
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Chinese factory activity expands in September amid AI boom

Chinese factory activity expands in September amid AI boom

By Kevin Yao and Ellen Zhang BEIJING, Sept 30 (Reuters) - China's factory activity expanded in September, official and private surveys showed on Wednesday, as easing weather disruptions allowed factories to resume operations and a global AI boom supported the industrial sector.
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UK economic output revised up to show stronger Q2 growth

UK economic output revised up to show stronger Q2 growth

LONDON, Sept 30 (Reuters) - Britain's economy grew faster than previously thought in the second quarter, with positive signs from household finances and business investment that could encourage finance minister John Healey as he prepares October's budget.
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China factories seen rebounding in September as Beijing signals more aid: Reuters poll

China factories seen rebounding in September as Beijing signals more aid: Reuters poll

BEIJING, Sept 29 (Reuters) - China's factory activity likely swung back to growth in September after two months of contraction, a Reuters poll showed on Tuesday, though a cabinet meeting on Monday underscored the need for further policy support to shore up the economy.
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Factory activity returns to expansion in a positive sign for China’s economy

Factory activity returns to expansion in a positive sign for China’s economy

A Chinese government survey shows the country's factory activity has expanded for the first time since June, signaling a positive shift as officials aim to boost economic growth