At BRICS summit, Russia to push to end dollar dominance
Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to…
US single-family homebuilding rises to five-month high
U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess…
US regional banks capitalize on rising deal fees to counter high deposit costs
U.S. regional banks’ profits outdid Wall Street expectations in the third quarter as their investment banking fees surged from a…
Thailand sees more than 3% growth in 2025, plans more stimulus
Thailand’s economy could grow by 3% this year and by more than that in 2025, driven by the government’s stimulus…
Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact
Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of…
Some ECB governors wanted to drop pledge to keep policy tight, sources say
Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight…
Taiwan’s MFIG buys around 65,000 T of corn, Brazil expected origin
Taiwan’s MFIG purchasing group bought about 65,000 metric tons of animal feed corn expected to be sourced from Brazil in…
Libyan oil exports return to normal levels as Sharara crude flows restart
Libya’s crude exports recovered to normal levels in the week to Oct. 16, according to tanker tracking data, as flows…
China, Saudi Arabia top buyers of Russian fuel oil in September, LSEG data shows
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September,…
WTO raises 2024 trade forecast, but risks remain
The World Trade Organization (WTO) has slightly revised its forecast for global merchandise trade growth in 2024, predicting a 2.7%…