South Korea’s import prices surge at fastest pace in five months as won weakens
SEOUL (Reuters) – South Korea’s import prices accelerated in December at the fastest pace in five months, central bank data showed on Wednesday, signalling renewed inflationary pressures due to a weakened local currency. The import price index, in terms of local
Biopharma industry eyes 2025 bounceback, grapples with uncertainty over Trump return
By Deena Beasley SAN FRANCISCO (Reuters) – The biopharmaceutical industry is aiming for a 2025 reversal of last year’s slump in investor returns but remains wary over what President-elect Donald Trump’s priorities might be on hot button issues such as drug
Canadian PM Trudeau to convene ministers on Trump’s inauguration day
By Ryan Patrick Jones (Reuters) – Canadian Prime Minister Justin Trudeau will hold a cabinet retreat on Jan. 20-21 focused on defending his country’s interests and boosting ties with the U.S., his office said in a statement on Tuesday. The ministerial meeting
Argentina inflation ticks up to 2.7% in December, ends 2024 at 118%
BUENOS AIRES (Reuters) -Argentine monthly inflation ticked up slightly in December, data showed on Tuesday, though the annual rate continued to slow amid tough austerity measures and spending cuts being pushed by libertarian President Javier Milei. The monthly rate, which came
U.S. posts record $711 billion deficit for first three months of fiscal 2025
WASHINGTON (Reuters) – The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal