US sees surge in imports from China
Imports into the United States from China increased over the past three months, despite challenges, including strikes by US dockworkers…
China to boost financing for approved housing projects to $560 billion to counter property slump
China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562…
Strong discretionary spending lifts US retail sales in September
U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants…
S&P Global: Emerging Markets Set to Drive Global Economic Growth in the Next Decade
S&P Global today published the latest edition of its Look Forward research series, which identifies and assesses the opportunities and…
ECB cuts rates again with more to come, even if Lagarde won’t commit
No, nothing to see here. At least no growth panic. Rates were cut again because the ECB thought it could…
Turkey rate cut delayed to December, January after hot inflation
Turkey’s central bank is expected to wait until December or January to cut interest rates after higher-than-expected inflation in September,…
Turkey’s central bank holds rate at 50%, warns on inflation
Turkey’s central bank held interest rates at 50% on Thursday as expected but cautioned that recent data had lifted inflation…
Nestle flags shopper uncertainty around US election
Nestle on Thursday said shopper “concerns around the election” in the United States are putting further pressure on demand in…
Yellen says high US tariff wall ‘deeply misguided’, would raise prices
U.S. Treasury Secretary Janet Yellen will say on Thursday that walling off the U.S. economy as proposed by Republican presidential…
UniCredit in court limbo over ECB’s Russia demands, sources say
UniCredit CRDI.MI is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with…