Japan posts current account surplus of $17.7 billion in May
Japan’s current account surplus grew for the 15th straight month in May as a record primary income surplus more than…
German exports fall more than forecast in May
German exports fell more than expected in May due to weak demand from China, the United States and European countries,…
Bank of Japan signals progress in wage, price hikes
The Bank of Japan said wage hikes were broadening across the economy due to tight labour market conditions, signalling its…
France faces political deadlock after left-wing shock surge
France faces a run of complex negotiations to form a government after an unexpected left-wing surge thwarted Marine Le Pen’s…
China’s banker pay crackdown risks Pyrrhic victory
To get rich is glorious,” goes the famous slogan attributed to Deng Xiaoping, the architect of China’s decades-long run of…
Bank of England’s Haskel says he wants to keep interest rates on hold
Bank of England policymaker Jonathan Haskel said on Monday thathe does not want to cutinterest rates from their current 16-year…
UK can improve ‘botched’ Brexit deal, says Starmer
Britain’s new Prime Minister Keir Starmer promised on Monday to secure an improved agreement with the European Union on post-Brexit…
China plays important role in Global South, says South Africa’s BRICS envoy
China has played an important role in advancing BRICS, thus leading the Global South’s efforts in providing leadership to the…
China’s central bank tweaks liquidity operations amid strong bond demand
China’s central bank said it would start conducting temporary bond repurchase agreements or reverse repos to make open market operations…
Global economy finds new ways to keep growing
The world economy is defying the Cassandras. Despite widespread predictions of a slowdown, global GDP growth is accelerating. The United…