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German economy shrank at end of 2023: data
German economy shrank at end of 2023: data
by  AFP

The German economy contracted at the end of 2023, official data showed Tuesday, the latest gloomy news for Europe's export powerhouse as it battles high inflation and a manufacturing slowdown. The agency also confirmed an initial estimate from earlier this month that Europe's export giant shrank 0.3 percent across the whole of 2023, and narrowly dodged a recession in the second half of the year.

Asian stocks mixed after Wall St record, eyes on Evergrande impact
Asian stocks mixed after Wall St record, eyes on Evergrande impact
by  AFP

Asian markets were mixed Tuesday as another record on Wall Street was unable to help extend the previous day's advance, with traders eyeing a Federal Reserve meeting, big-name earnings and key data. The Fed's meeting is followed by the closely watched non-farm payrolls report and earnings from Wall Street tech titans including Microsoft, Google parent Alphabet, Apple and Facebook parent Meta.

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