Browsing Category
Economy
Australia’s RBA Maintains 4.35% Rate; Inflation Still a Risk
Australia's RBA Maintains 4.35% Rate; Inflation Still a Risk
Quick Look:
Maintained at 4.35%, marking the sixth consecutive month without change, reflecting a…
Fed Holds Rates at 5.25-5.50%, Battles to Hit 2% Inflation
Fed Holds Rates at 5.25-5.50%, Battles to Hit 2% Inflation
Quick Look:
Fed maintains rates at 5.25%-5.50%, focusing on combating inflation despite economic…
Biden Administration’s Major Step in Student Loan Relief
Biden Administration's Major Step in Student Loan Relief
$6.1 Billion Approved: Nearly 317,000 borrowers of the Art Institute benefit from debt relief for the…
China’s April Economic Slowdown: PMI Drops to 50.4
China's April Economic Slowdown: PMI Drops to 50.4
Quick Look:
Economic Slowdown: China's manufacturing and services sectors show signs of deceleration in…
Argentina’s Inflation Dips Below 10% Amid Austerity
Argentina's Inflation Dips Below 10% Amid Austerity
Quick Look:
Inflation Trends: Expected to drop 10% below in April, signalling a possible stabilisation from…
Russia Maintains 16% Interest Rate as Inflation Eases Slowly
Russia Maintains 16% Interest Rate as Inflation Eases Slowly
Quick Look:
Interest Rate Stable: Russia's central bank maintained its key interest rate at 16% amid…
Diverse Sectoral Growth Bolsters South Korea’s Economy
Diverse Sectoral Growth Bolsters South Korea's Economy
Quick Look:
South Korea's economy grew by 1.3% in Q1 2023, surpassing forecasts.
Significant sectoral…
India’s Economic Growth Vs. Unemployment Dilemma
India's Economic Growth Vs. Unemployment Dilemma
Quick Look:
Despite a GDP growth of 8.4% last quarter, India's unemployment rate has barely improved, moving…
Housing Expenses Rise by Up to 12% After ECB Rate Increases
Housing Expenses Rise by Up to 12% After ECB Rate Increases
Quick Look:
ECB rate hikes since July 2022 raised housing expenses; homeowners +6%, renters +9%,…
Germany’s Economic Revival: Key Insights from Scholz
Germany's Economic Revival: Key Insights from Scholz
Quick Look:
Chancellor Scholz remains optimistic about Germany's economy, citing strong employment and…
Japan’s Inflation Eases: Economic Shifts in March 2024
Japan's Inflation Eases: Economic Shifts in March 2024
Quick Look:
March CPI Increase: The core consumer price index rose 2.6% year-over-year, down from…
Russia’s New Trade Routes Slash Transit by 30-50%
Russia's New Trade Routes Slash Transit by 30-50%
Quick Look:
Russia is developing new transport corridors through Iran and the Arctic to connect with Asia,…
2022: Global Insurers’ Losses Exceed $100 Billion
2022: Global Insurers' Losses Exceed $100 Billion
Quick Look:
Global property and casualty insurers recorded a combined ratio of 103% in 2022, indicating…
China’s Strong Start to 2024 Surpasses Expectations
China's Strong Start to 2024 Surpasses Expectations
Quick Look:
China's GDP growth at 5.3%: Surpasses expectations amid economic challenges;
Retail sales…
U.S. Growth’s Impact on World Stability
U.S. Growth's Impact on World Stability
Quick Look
U.S. growth boosts global economy: Key driver but brings high inflation risks
"Golden path" challenge:…
Modernising the Bank of England’s Forecasting Approach
Modernising the Bank of England's Forecasting Approach
Quick Look
Bernanke recommends modernising BoE’s outdated forecasting tools and techniques.
Suggests…
EU Scrutinizes Chinese Wind Energy Subsidies
EU Scrutinizes Chinese Wind Energy Subsidies
Quick Look:
EU investigates Chinese wind turbine makers, claiming unfair competition.
China criticizes the EU's…
Fitch Revises China’s Debt Outlook to Negative
Fitch Revises China's Debt Outlook to Negative
Quick Look
Fitch Ratings downgraded China's debt outlook to negative, maintaining an A+ rating due to fiscal…
U.S. Vows to Counter China’s Export Surge
U.S. Vows to Counter China's Export Surge
Quick Look
Yellen warns China over new industries threatened by imports, echoing "China shock" concerns.
No new…
German Industry’s Path to Recovery
German Industry's Path to Recovery
Quick Look
February's 2.1% industrial production increase hints at Germany's recovery, led by construction.
Persistent…