China 2024 fiscal revenue growth shrinks, non-tax income jumps

China's 2024 fiscal revenue grew 1.3%, with tax revenue down 3.4% and non-tax revenue up 25.4%, amid economic challenges from the property market and low consumption.

China's 2024 local government land sales see 16% drop in revenue

Land sales revenue for Chinese local governments fell 16% in 2024, significantly affecting local finances due to a sluggish property market and heightened debt risk management efforts.

• STOXX

Global equity funds gain inflows on Fed rate cut hopes, Trump's AI plans

Global equity funds saw substantial inflows due to optimism over U.S. Federal Reserve rate cuts, with regional trends favoring European markets while U.S. funds faced outflows.

Spain's manufacturing prices rise 2.3% in 2024 from a decline in 2023

Energy costs led to a 2.3% rise in Spanish manufacturing prices in 2024, following a decline in 2023, influencing recent inflation trends.

• GBP/USD
• UK100

UK business growth marginally improves, hiring and optimism dip

UK business growth slightly increased in early 2025, but hiring and optimism declined, with inflation pressures signaling economic challenges for the Bank of England.

Slow UK growth ticks up in January but price pressures surge, PMI shows

UK business growth slightly improved in early 2025, but employment and optimism decreased amid rising price pressures, challenging the Bank of England's policy decisions.

Euro zone businesses show slight growth in 2025

The euro zone's business sector experienced minor growth in January 2025, mainly driven by stable services and easing manufacturing downturn, with PMI data showing slight improvements.

Euro zone businesses start year with modest return to growth, PMI shows

The Euro zone sees modest growth in January with stable services, easing manufacturing downturn, but mixed recovery signals and headcount cuts amid economic fears persist.

German government cuts 2025 growth projection to 0.3%, Handelsblatt says

Germany's government has reduced its 2025 growth forecast to 0.3%, citing continuing economic difficulties, while 2026's prediction also sees a decline to over 1%.

Russia's railways grapple with Asia pivot, sanctions and labour shortages

Russian Railways experiences a 15-year low in cargo volumes in 2024, attributed to labor shortages, sanctions, and military logistics impacting transport capabilities.