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Economy
The Philippine central bank slows the rate increase pace
The Philippines central bank slows the rate increase pace
Despite persistently rising inflation, the Philippine central bank increased its benchmark interest rate…
The banking crisis may cause a recession
The banking crisis may cause a recession
When considering the US economy, a key factor is a confidence. But the volatile banking environment threatens to undermine…
Swiss National Bank announced a 50 basis points rate hike
Swiss National Bank announced a 50 basis points rate hike
The Swiss National Bank decided to continue its hawkish policy at its meeting. On Thursday, it delivered…
China and Russia affirm economic cooperation
China and Russia affirm economic cooperation
The Chinese President and Russian President have agreed to cooperate in broad economic and business areas, both…
China will focus on high-end manufacturing development
China will focus on high-end manufacturing development
China's Premier Li Qiang announced on Wednesday that the government plans to support advanced manufacturing.…
China’s economic reopening and focus on domestic demand
China's economic reopening and focus on domestic demand
China's earlier-than-expected reopening of the economy after a swift end to its zero-COVID policy has been…
India’s central bank expects growth in the near future
India's central bank expects growth in the near future
Indian economy started rebounding. Its government believes that the worst is behind it and that the country…
Japan will invest $75 billion across the Indo-Pacific region
Japan will invest $75 billion across the Indo-Pacific region
Japan wants to promote a "free and open Indo-Pacific." To that end, the country will invest billions of…
China’s foreign policy gets pragmatic for the economy’s sake
China's foreign policy gets pragmatic for the economy's sake
China is taking steps to increase its prospects as an open country for business, investment, and…
The BOJ designates “Mr. YCC” to oversee monetary policy
The BOJ designates “Mr. YCC" to oversee monetary policy
On Monday, the Bank of Japan appointed Seiichi Shimizu, also known as "Mr. YCC" for his expertise in the…
China’s fiscal revenues fell by 1.2%
China's fiscal revenues fell by 1.2%
China's fiscal profit in the first two months of 2023 shrank 1.3% from a year earlier, the finance ministry said. However,…
Rome takes new measures to reverse the city’s decline
Rome takes new measures to reverse the city’s decline
Rome is one of the ancient cities. It’s well-known for its culture and unique buildings, so much so that…
Southeast Asian currencies & stocks increase
Southeast Asian currencies & stocks increase
After multi-billion dollar lifelines for struggling Korean banks reduced strain on the global financial system and…
New Zealand’s economy is slowing
New Zealand's economy is slowing
New Zealand's economy missed expectations for a boost in the fourth quarter and shrank by 0.64%, official statistics showed on…
Egypt’s asset sales are struggling. Why is that?
Egypt's asset sales are struggling. Why is that?
Egypt's government is strictly controlling the country's economy. Even though it agreed to the International…
Banking instability casts a shadow over rate hike prospects
Banking instability casts a shadow over ECB rate hike prospects
Policymakers at the European Central Bank (ECB) are gathering on Thursday amidst extraordinary…
China plans to reduce financial risks. How will PBOC do it?
China plans to reduce financial risks. How will PBOC do it?
China announced today that it would gradually eliminate high-risk institutions within the country. The…
2023 economic recovery in China
2023 economic recovery in China
China's economic potential advanced in the first two months of 2023 as increased consumption and infrastructure investment led to a…
US CPI soared in February. What is the Fed planning?
US CPI soared in February. What is the Fed planning?
US consumer prices report showed that they increased substantially in February. Rental housing costs remain…
China’s anti-COVID fight and economic recovery
China's anti-COVID fight and economic recovery
The community recently marked three years since the World Health Organization declared the outbreak of the COVID-19…