Eurozone economy picks up in January but growth still weak
Brussels
EUROZONE business activity picked up to a five-month high in January, a key survey showed on Friday, just the day after the European Central Bank announced a 1 trillion euro (S$1.5 trillion) economic stimulus package.
Analysts said the report was encouraging as it confirmed a recent modest pick-up but they cautioned that growth remains weak after the economy faltered badly in 2014.
Markit Economics said its Composite Purchasing …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year
Decarbonisation schemes are generating hot air
BOJ will hike rates if trend inflation accelerates, says Ueda
India tells spice makers to give details of quality checks after Hong Kong allegations