ECB’s Lane says bank should focus on future risks for policy decisions, FT reports
The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data,…
Report highlights shift in Chinese consumers’ spending habits
Chinese consumers are shifting gears from cautious spending to purpose-driven consumption, with special focuses on boosting income and prioritizing meaningful…
Eurozone unemployment remains at historic low
The labour market is still exerting upward pressure on inflation. Wage growth reached its highest-ever level in the third quarter…
Budget woes push French borrowing costs above crisis-scarred Greece
French borrowing costs rose above those of Greece on Monday for the first time, as Michel Barnier’s government teetered on…
US manufacturing continues to struggle with tariff uncertainty
Manufacturing contracts at a slightly slower rate The US manufacturing ISM index rose to 48.4 in November from October’s 46.5…
German inflation is good news for ECB hawks
The just-released flash estimate of German inflation in November wraps up a good day for the ECB hawks. With headline…
Pakistan’s 2025 crude oil imports expected to grow; product inflows steady
Pakistan refineries are expected to import 5% more crude oil in the financial year ending June 30, 2025, with the…
China’s scrap copper imports set to slump over US trade worries, analysts say
China’s imports of scrap copper are set to slump as some traders have suspended buying from the United States, the…
U.S. oil imports, exports down last week
Both U.S. crude oil imports and exports decreased during the week ending Nov. 22, the U.S. Energy Information Administration (EIA)…
India’s GAIL issues swap tender for 2 LNG cargoes, sources say
GAIL (India) Ltd. has issued a swap tender offering two liquefied natural gas (LNG) cargoes for loading in the United…