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...US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row, as the Federal Reserve considers how long to keep interest rates at a 23-year high....
...France’s budget deficit widened to 5.5 per cent last year, significantly missing the 4.9 per cent forecast in a blow to Emmanuel Macron’s credibility on managing the public finances....
...The report found the overall proportion of those aged 5 to 7 using social media sites or apps had risen to 38 per cent from 30 per cent a year ago....
...The dollar rose for the fifth day in a row, adding 0.2 per cent against six of its peers. Gold rose 1.7 per cent to $2,383.19, on track for a fresh closing high....
...A new Taiwan equities high-dividend exchange traded fund from Yuanta Funds has raised about NT$170bn ($5.4bn) in five days, smashing the recently set initial ETF fundraising record....
...loss from a year earlier....
...The decision, which was in line with market expectations, comes a day after the US Federal Reserve also kept interest rates on hold....
...Hardy added that he expected oil demand in China to peak “fairly soon” but that “there’s still a little bit of consumer growth there that we’d expect to take the [oil demand] numbers a little bit higher”...
...The government has set a GDP growth target of 5 per cent this year....
...This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here....
...China will target economic growth of around 5 per cent this year, a rate described as “ambitious” by analysts, as the world’s second-largest economy battles challenges ranging from a property slowdown to...
...That was down from a summer peak of 8.5 per cent and from 6.7 per cent in the three months to November. Economists polled by Reuters had expected the pace to fall to 5.6 per cent....
...Permits to build single family homes fell 1.5 per cent from December but were up 8.6 per cent year on year....
...Sony’s shares fell by as much as 8.6 per cent on Thursday after the Japanese group cut its forecast for sales of its flagship PlayStation 5 gaming console....
...US petrol demand jumped 1.5 per cent in 2023, but continued to sit below pre-pandemic levels, as more fuel-efficient and electric vehicles entered the market....
...Sales rose 5.1 per cent on a like-for-like basis in the fourth quarter to €6.7bn, with 4.3 per cent coming from price increases and 0.8 percent from volume....
...This is down from a 3.6 per cent rate for 2024 that was forecast in November. The OBR attributed the faster recovery in living standards to changes in energy prices....
...Société Générale is set to cut about 5 per cent of its head office staff, roughly 900 jobs, as new chief executive Slawomir Krupa seeks to reduce costs....
...The S&P 500 spent much of Friday’s session oscillating between small gains and losses, but an afternoon sell-off ultimately left the benchmark down 0.5 per cent....
...Japanese chipmaker Renesas Electronics has agreed to pay A$8.8bn ($5.8bn) to acquire Australian software developer Altium in cash....
...Japanese chipmaker Renesas Electronics has agreed to pay A$8.8bn ($5.8bn) in cash to acquire Australian software developer Altium....
...The Bank of England has kept interest rates on hold at 5.25 per cent for the fourth successive meeting, despite its progress in cutting inflation....
...One missile hit a shopping centre and caused serious damage, while another landed in a stadium. Ukrainian authorities have not yet commented on the attack....
...The £5,000 deposit mortgage is a five-year fix at an interest rate of 5.99 per cent — more expensive than the average five-year products which are typically just above 5 per cent....
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