China Economic Gloom Worsens With Weak Consumer Spending Data
China’s consumer-driven recovery is flashing warning signs as spending on everything from holiday travel to cars and homes
2023-06-26 11:59
US Treasury Secretary Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 20:57
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:25
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:48
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:26
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:45
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:26
Singapore Durian Lovers Rejoice as Prices Plunge on Surplus
Singaporeans love durians. And this year, the spiky and pungent fruit is in such abundance that it can
2023-06-23 09:55
Japan’s Inflation Outpaces Forecast Amid Focus on BOJ Price View
Japan’s consumer prices rose at a faster pace than expected in May while the deeper inflation trend continued
2023-06-23 09:27
Mexico Holds Key Interest Rate at 11.25% as Inflation Slows
Mexico kept borrowing costs unchanged for a second straight month as the central bank vows to maintain its
2023-06-23 04:25
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-23 00:56
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:56