Fed’s rate cut offers limited relief for US factories facing China competition
Drew Greenblatt loves that the Federal Reserve has cut interest rates. But the half-point reduction, the first in what is…
The PBOC has unveiled a monetary policy easing package in a bid to support growth
The PBOC continued to ease policy in a bid to support growth With a slew of weak economic data in…
Taiwan August export orders beat forecasts on solid demand for AI
Taiwan’s export orders exceeded expectations in August as demand for chips used for artificial intelligence (AI) applications continued to climb,…
Greece to kick off National Bank stake sale next week, sources say
Greece’s bank bailout fund HFSF will start the process to sell a stake of up to 12% in National Bank…
Russian banks’ profits jump, lending growth remains high
Russian banks’ profits jumped in August due to the rouble weakening against the U.S. dollar and euro, while corporate lending…
BOJ chief signals no rush to raise rates further
The Bank of Japan can afford to spend time watching developments in financial markets and overseas economies as it sets…
German Ifo index drops again in September
It is often said that there are numerous ways to say ‘I love you’. Unfortunately, there is no real historical…
France’s young finance minister acknowledges scale of job as markets fret
France’s newly appointed finance minister, tasked with steering the nation out of a deep fiscal hole amid growing investor concern…
How to close sustainable development gaps across the Middle East and North Africa
Almost a decade since the adoption of the UN’s 2030 Agenda for Sustainable Development – a global plan to help…
German economy expected to contract again in 2024, say sources
Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1%, people…