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Germany likely in recession, Bundesbank says

Germany likely in recession, Bundesbank says

© Reuters. People watch the rising sun which illuminates Berlin’s skyline, framing the Fernsehturm (Television Tower) and the Berliner Funkturm (Berlin Radio Tower), Germany, September 7, 2023. REUTERS/Fabrizio Bensch/File Photo FRANKFURT (Reuters) – Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high…

German homes are still overvalued despite price drop

German homes are still overvalued despite price drop

© Reuters. FILE PHOTO: Apartments are illuminated inside residential buildings at the bank of Berlin-Spandauer-Schifffahrtskanal in Berlin, Germany, November 10, 2023. REUTERS/Lisi Niesner/File Photo FRANKFURT (Reuters) – German homes are still overvalued despite a fall in prices last year as the cost of mortgages spiked, the country’s central bank said on Monday. Germany’s decade-long property…

Japan’s finance minister eyes future rise in interest rates -Nikkei

Japan’s finance minister eyes future rise in interest rates -Nikkei

© Reuters. Japanese Finance Minister Shunichi Suzuki attends a news conference after a meeting of G7 leaders on the sidelines of G20 finance ministers’ summit on the outskirts of Bengaluru, India, February 23, 2023. REUTERS/Samuel Rajkumar   JP225 +0.92% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your…

Tokyo supermarket stocks more chicken for inflation-weary shoppers

Tokyo supermarket stocks more chicken for inflation-weary shoppers

© Reuters. A shopper wearing a protective mask pushes a shopping cart at Japan’s supermarket group Aeon’s shopping mall as the mall reopens amid the coronavirus disease (COVID-19) outbreak in Chiba, Japan May 28, 2020. REUTERS/Kim Kyung-Hoon/File Photo   TM +0.67% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please…