India’s June wholesale prices rise most in 16 months
India’s wholesale prices rose at their fastest annual pace in 16 months in June on the back of costlier food,…
Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says
Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for…
Fed’s Powell ‘may prefer not to change rates before an election’, strategists say
The softer-than-expected inflation report for June has fueled market expectations of a rate cut by the end of the year,…
India’s June exports rise 5.4% y/y; government expects $800 bln in FY25
India’s goods and services exports likely rose5.4% year-on-year to $65.47 billion in June, driven by a pick-up in orders that…
Thai economy faces upheaval due to factory closures and cheap Chinese imports
When Chinese electric vehicle maker BYD (SZ:) opened its first Southeast Asian factory in Thailand earlier this month, the nation…
China asks WTO to set up panel for US electric vehicle subsidies dispute
China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicles…
What Republicans won’t say and Democrats don’t like to discuss about US inflation
If the deep split in U.S. politics makes characterizations of economic data a dependable tell about party affiliation, the coming…
China central bank leaves medium-term rate unchanged as expected
China’s central bank left a medium-term rate unchanged as expected on Monday when rolling over maturing medium-term loans. WHY IT’S…
China takes lead in shipping Russian crude amid new high for non-G7 share
More than 80% of Russian crude exports were transported by tankers operating outside of the G7’s price cap in June,…
Pakistan’s largest refiner to export around 50,000 mt of fuel oil amid weak domestic demand
Pakistan’s government has allowed the country’s biggest refiner Pak Arab Refinery to export around 50,000 mt of fuel oil by…