South Korea to cut planned income tax on dividend payouts, media say

South Korea's ruling and opposition parties agreed on Friday to lower income tax on dividend payouts to a maximum of 30%, from the government's proposal of 35%, domestic media said.

Italy Q3 GDP revised up to 0.1% q/q from previous flat estimate

Italy's economy eked out growth of 0.1% in the third quarter from the previous three months thanks mainly to exports, national statistics bureau ISTAT said on Friday, revising up a previous printout ...

Swiss economy contracts slightly in Q3 due to lower pharma exports

Switzerland's economy contracted by 0.5% in the third quarter when adjusted for sporting events, driven by lower exports in the chemical and pharmaceutical industry, the economy ministry said on ...

Euro zone consumers continue to see benign inflation path, ECB survey shows

Euro zone consumers raised their near-term inflation expectations a touch but kept them unchanged further out, a European ...

Taiwan raises 2025 GDP growth forecast on surge in AI demand

Taiwan's tech-reliant economy is expected to grow faster than previously expected in 2025, riding the wave of demand for ...

India expects US trade deal by year-end, senior official says

India expects to secure a trade deal with the United States before the end of this year as most issues have been resolved, ...

Merz to ask EU to drop hard cut-off for combustion cars from 2035

German Chancellor Friedrich Merz said on Friday he would send a letter to the EU Commission urging it to keep technological options open for the automotive industry beyond the bloc’s planned 2035 ...

China pledges crackdown on 'irrational' competition in battery industry

China's Industry Ministry pledged on Friday to roll out targeted measures against "irrational" competition among power battery makers and energy storage battery makers.

Hospital massacre caps a long series of attacks on healthcare in war-torn Sudan

Almost 500 patients, their relatives and others were killed at al-Fashir's last functioning hospital during the paramilitary ...

Hospital massacre caps long series of attacks on healthcare in war-torn Sudan

As fighters from the Rapid Support Forces paramilitary closed in on government positions in the besieged Sudanese city of al-Fashir in October, a skeleton crew from the city’s last functioning ...

Taiwan congratulates opposition for election win in ally Saint Vincent

Taiwan's ambassador to Saint Vincent and the Grenadines has congratulated the opposition New Democratic Party (NDP) for winning the election in the Caribbean country, one of Taipei's last remaining ...

India's Jayaswal Neco pivots to cheaper funding replacing high cost bonds, sources say

India’s Jayaswal Neco is refinancing costly high-yield debt with a lower-cost mix of term and working-capital loans, two sources said on Friday, adding the company is seeking about 22 billion rupees ...