• Italy December consumer confidence rises to 116.6


    Italy's consumer confidence in December rose to 116.6 from 114.4 while business confidence inched up to 108.9 from 108.8 the earlier month, according to data released by national statistical office Istat. RADIOCOR

  • Italy government wins confidence vote on 2018 budget


    The Italian government easily won a confidence vote on its 2018 budget in the lower house Chamber of Deputies, in a step towards approving its financial plans by the end of the month. The budget aims to lower next year’s fiscal deficit to 1.6 percent of gross domestic product from a targeted 2.1 percent this year and introduces a “Web tax” from 2019, obliging companies to pay a 3 percent levy on some Internet transactions. REUTERS

  • Eurozone October current account surplus 30.8 bln eur


    The eurozone in October posted a current account surplus of 30.8 billion euros, reflecting surpluses for goods (26.2 billion), primary income (9.8 billion) and services (7.3 billion), which were partly offset by a deficit for secondary income (12.5 billion), data released by the European Central Bank showed. RADIOCOR

  • China to maintain reasonable credit growth in 2018: state media


    China will maintain reasonable expansion of credit in 2018, according to a statement carried by the official Xinhua news agency, following an annual economic meeting of China’s top leadership. REUTERS

  • China defends trade with U.S. as Trump set to brand it a competitor


    China’s Foreign Ministry on Monday defended trade with the United States as a win-win scenario ahead of a speech by U.S. President Donald Trump laying out a new national security strategy that makes clear that China is a competitor. REUTERS

  • UK December household finance index 43.9 vs 43.5 in November


    The UK household finance index in December rose to 43.9 from 43.5 the previous month, signalling the least marked deterioration in financial wellbeing since December 2016, according to data released by global information provider IHS Markit.

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