ECB sees further signs of easing wage pressures
Wage pressures are easing across the euro zone, driven in great part by lower additional compensation paid on top of…
China’s monetary volleys miss key threat to economic growth
China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy…
Global economy is stabilizing – but weakness remains. Here’s the economic outlook from chief economists
The global economic outlook is stabilizing amid continuing economic uncertainty. The World Economic Forum’s September 2024 Chief Economists Outlook found…
US consumer confidence sours on labor market jitters
U.S. consumer confidence dropped by the most in three years in September amid mounting fears over the labor market, though…
Economic Forecasts for Asia and the Pacific: September 2024
Growth in developing Asia and the Pacific remained strong during the first half of 2024, supported by domestic demand and…
ECB’s Knot sees rate cuts through the first half of 2025
The European Central Bank (ECB) is likely to continue to cut interest rates at least through the first half of…
France could get deficit below EU limit in five years, says Bank of France head
It is not realistic for France to bring down its deficit below the level of 3% of its GDP within…
Kuwait’s Al Zour closes low sulphur fuel oil sales tender for Oct-December
Kuwait Petroleum Corporation (KPC) is closing a term tender on Wednesday offering low sulphur fuel oil from its Al Zour…
Ukraine grain exports rise 58.7% so far 2024/25, ministry data show
Ukraine’s grain exports in the 2024/25 July-June season stood at close to 9.8 million metric tons as of Sept. 25…
PetroVietnam Gas seeks LNG supply for October delivery, sources say
PetroVietnam Gas is seeking a partial cargo of liquefied natural gas (LNG) for delivery in October, two industry sources said…