Explosion on Russian Icebreaker Undergoing Repairs Injures Two Workers
Russian officials confirmed reports that two workers carrying out repairs at the Kanonersky shipyard were burnt during an explosion. They…
ECB will probably cut rates in Oct on risk of too low inflation: Villeroy
The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and this raises…
China Focus: China embraces world economy with unswerving opening-up
Mohan, a small town in the southernmost part of southwest China’s Yunnan Province, reached a trade milestone last month, with…
Germany’s economic model is not broken, finance minister says
Germany’s economic model is not broken but Europe’s biggest economy has lost competitiveness for about a decade, German Finance Minister…
UK annual house prices jump by most since November 2022, Halifax says
British house prices rose in September at the fastest annual pace since November 2022, according to data from mortgage lender…
Many firms see excessive yen falls as undesirable, says BOJ official
Many companies in western Japan saw excessive yen declines as undesirable, Kazushige Kamiyama, the Bank of Japan’s Osaka branch manager,…
Year of war creates cracks in Israel’s borrowing strength
Israel’s economy has for almost a year ridden out the chaos of a war that risks spiralling into a regional…
German industrial orders slump more than expected in August
German industrial orders fell significantly more than expected in August, adding to signs that manufacturing in Europe’s largest economy will…
Debt feast helps buyout firms through IPO gloom
Private equity groups like KKR and Blackstone might soon get a helping hand from credit markets. With initial public offerings…
Ukraine exports 11.2 mln T grain so far in 2024/25, ministry says
Ukraine’s grain exports in the 2024/25 July-June season reached 11.2 million metric tons as of Oct. 7, up from around…