China’s factory activity signaled a return to growth in December, according to both official and private surveys, an improvement likely to help Beijing achieve its growth target for the year.
S&P Cotality Case-Shiller National Home Price Index rose 1.4% in 12 months through October, compared with a 1.3% rise in September. This represents weakest performance since mid-2023.
The pending home sales index, a leading indicator of house sales based on contract signings, rose 3.3% on month in November to 79.2, the best performance in nearly three years.
A life-sciences job in Boston used to be a sure path to a high-paying career, but empty labs and unemployed grads now herald tougher times in the city.
A member of the Japanese central bank’s policy board said that raising the policy interest rate in a timely manner could curb future inflationary pressure.
The Japanese cabinet approved a record-high initial budget totaling approximately $785 billion for the coming fiscal year, signaling Prime Minister Sanae Takaichi’s latest effort to support growth through aggressive spending.
Bank of Japan Gov. Kazuo Ueda said Thursday that the central bank is getting closer to achieving its 2% inflation target, reaffirming his stance of seeking further interest-rate increases.