Australia Unexpectedly Raises Key Rate, May Tighten Further
Australia’s central bank unexpectedly raised its key interest rate and kept the door ajar to further hikes as
1970-01-01 08:00
Weak Japan Wage Results Offer Little for Kishida or BOJ
Japanese workers’ real wages continued to fall in April, even after reflecting some of the gains from a
1970-01-01 08:00
Canada’s Economy Is Proving Surprisingly Immune to Higher Interest Rates
Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more
1970-01-01 08:00
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
1970-01-01 08:00
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
1970-01-01 08:00
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
1970-01-01 08:00
China’s Targeted Stimulus Steps Raise Doubts About Rate Cuts
China is taking targeted steps to help specific sectors of the economy, like property and manufacturing, suggesting more
1970-01-01 08:00
Japan’s Rapid Return of Tourists Helping Fuel Inflation for BOJ
Foreign tourists packing flights to Japan are helping the economy climb out of a recession with spending power
1970-01-01 08:00
Union Action Shuts Some Key West Coast Ports, Employers Say
Labor actions have disrupted work at several key US West Coast port terminals, all of which are part
1970-01-01 08:00
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
1970-01-01 08:00
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
1970-01-01 08:00
Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
1970-01-01 08:00