US existing home sales slump in June; median price hits record high
U.S. existing home sales fell more than expected in June as the median house price set another record high, but…
German tax revenue rose 6.2% in June
Germany’s federal and regional state governments’ tax revenue rose strongly in June compared with the same month last year, the…
Singapore seen keeping monetary policy unchanged amid inflation risks
Singapore’s central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering…
India’s Modi spends billions on jobs, key allies in first budget after election
India unveiled spending of billions of dollars to create new jobs and satisfy key coalition partners in the first budget…
Japan’s chief cabinet secretary calls for broad-based wage hikes
Broadening pay hikes among smaller firms is crucial, said Japan’s top government spokesperson, Yoshimasa Hayashi, underscoring the administration’s drive to…
China rate cuts usher in next stimulus stage
For investors pondering how China’s Third Plenum could revive the economy, the central bank has set the tone for what’s…
India budget shifts spending priorities while keeping fiscal deficit in check
India struck a balance between greater spending on jobs and rural development as well as transferring more funds to states,…
Big business curbs India’s populist instinct
India’s jobs crisis is rearing its ugly head. The southern state of Karnataka last week climbed down from a plan…
Financial institutions upbeat on China economy
Overseas financial institutions have expressed their confidence in the prospects of China’s economy, as the country’s high-quality growth efforts are…
India lowers fiscal deficit target to 4.9% of GDP for FY25
The Indian government on Tuesday lowered its fiscal deficit target to 4.9% of GDP for the financial year ending March…