China's Economy Grew 5.2% in 2023, Chinese Premier Li Qiang Says

China's economy grew around 5.2% in 2023, Chinese Premier Li Qiang said a day before the country's statistics agency is due to release full-year growth figures. 


 
New York Fed's Empire State index plunges in January to lowest since pandemic

The New York Fed's Empire State business conditions index, a gauge of manufacturing activity in the state, plunged 29.2 points in January to negative 43.7, the regional Fed bank said Tuesday. 


 
Canada Inflation Accelerates to 3.4% in December

Consumer prices in Canada rebounded in the final month of last year, a sign the central bank's fight against inflation isn't yet won even after the pace cooled sharply for the year. 


 
S&P 500 futures narrow early Tuesday loses as traders eye bank earnings

U.S. stock futures fell early Tuesday as Treasury yields rose and traders awaited the resumption of the corporate earnings season. 


 
Natural-Gas Prices Remain Under Pressure Despite Cold Snap

Robust production, full storage and delays in LNG capacity additions all point toward a year of mild natural-gas prices. 


 
Profits Comeback Paired With Rate Cuts Make a Powerful Mix

Companies put the earnings recession further behind them in the fourth quarter, even as rates are set to start falling. 


 
Chinese Property Stocks Fall on Subdued Sentiment Following Weak Sales

Chinese property stocks fell in Hong Kong on subdued investor sentiment, with companies reporting weaker contracted sales for December and the full year of 2023 as the property sector downturn continues. 


 
Houthis Turn Their Sights on U.S. Ships, Vow to Keep Attacking Red Sea Targets

A U.S.-owned containership was struck and a Navy destroyer was targeted as attacks become more widespread and indiscriminate. 


 
German Economic Outlook Improves Unexpectedly

The ZEW economic indicator rose 2.4 points in January, as expectations of lower interest rates in 2024 helped boost sentiment. 


 
U.K. Wage Growth Cools Again

Growth in U.K. average pay continued to slow in the three months to November, adding to signs that inflation is easing, and the unemployment rate remained steady.


(END) Dow Jones Newswires

01-16-24 0915ET