Canada inflation cools to 40-month low of 2.5% in July
Canada’s annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased…
Pakistan is making good progress with IMF, finance minister says
Pakistan is making good progress with the International Monetary Fund and hopes to get board approval in September for a…
Swiss launch instant payments to catch up with Europe
Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where…
Chinese banks approve 1.4 trillion yuan in financing support for “white list” property projects
China’s commercial banks have approved 5,392 “white list” projects in the real estate sector, according to the National Financial Regulatory…
South Africa inflation falls close to central bank’s goal in July
South Africa’s inflation dropped more than forecast to a three-year low in July, nearing the level the central bank aims…
Rates Spark: US payroll revisions could challenge recovered sentiment
US payroll numbers were probably significantly lower than previous estimates After a clear return of risk appetite over the past…
Saudi Arabia crude oil exports drop in June
Saudi Arabia’s crude oil exports fell to 6.047 million barrels per day (bpd) in June from 6.118 million bpd in…
Ukraine grain exports jump to 6 mln T so far 2024/25, says ministry
Ukraine’s grain exports in the 2024/25 July-June season had reached 6 million metric tons as of Aug. 21, up from…
US oil export gains slow as output, global demand turn tepid
U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase…
China’s red-hot wheat imports to cool on local output gains, slowing demand
China’s wheat buying spree is likely to slow in the second half of 2024 as higher domestic output and declining…