US housing inflation likely to fall in year ahead, Fed paper says
U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand for homes…
Eurogroup president hails ‘new footing’ in UK-EU relations
Britain and the European Union must turn their “first steps” to rebuild trust into a “steady walk” as they confront…
Japan’s service activity extends gains in Aug, PMI shows
Japan’s service-sector activity extended gains in August, a private sector survey showed on Wednesday, thanks to an uptick in overseas…
China’s services activity expansion slows in August, Caixin PMI shows
Growth in China’s services sector activity slowed in August despite the summer travel peak, prompting some firms to cut staff…
India’s services sector growth accelerates to 5-month high in Aug, PMI shows
Activity in India’s dominant services sector rose at its fastest pace in five months in August as demand remained resilient…
German economy expected to contract this year, IfW Kiel says
The German economy is expected to contract by 0.1% this year, the economic institute IfW Kiel said on Wednesday, cutting…
German trade group sounds alarm as exporters stare down recession
German exporters are facinga recession and the country’s economic model is coming under “massive pressure”, the BGA trade lobby said…
With uncertainty around iron ore demand, Citi sees a risk for Australian economy
Citi’s commodity strategists highlighted the significant role of in the Australian economy, emphasizing its contribution to profits and government revenues.…
US small business surges, sentiment improves, Treasury report says
U.S. small business startup applications are surging this year with sentiment improving in the sector after a rocky post-pandemic period…
Surge in foreign bids for Japanese firms only just beginning, says BofA’s Komori
A surge in foreign takeover bids for Japanese firms is likely to accelerate, according to Bank of America’s BAC.N co-head…