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Author Archives: Top News Editor

German Industrial Production Declines Unexpectedly In October

Germany’s industrial production dropped unexpectedly in October driven by weakness across major sectors except energy. Industrial production fell 1.4 percent month-on-month in October, following a revised 0.9 percent drop in September, data from Destatis showed Thursday. Read Full Story

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India Central Bank Retains Key Rates

India’s central bank left its key interest rates unchanged on Wednesday, defying calls for a reduction, as inflation moved closer to 4 percent. At the fifth bi-monthly monetary policy session, the Monetary Policy Committee of the Reserve Bank of India ...

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German Factory Orders Log Unexpected Growth

Germany’s factory orders increased unexpectedly in October helped by demand from domestic market and non-euro area economies. New orders in manufacturing climbed 0.5 percent month-on-month in October, but slower than the revised 1.2 percent rise in September, figures from Destatis ...

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UK Service Sector Growth Moderates In November

British service sector growth moderated in November from a six-month high as Brexit uncertainty weigh on growth and confidence, survey data from IHS Markit showed Tuesday. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers’ Index, dropped more-than-expected to ...

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