US single-family homebuilding rises to five-month high
U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess…
At BRICS summit, Russia to push to end dollar dominance
Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to…
Central bankers left holding the baby
The only game in town It seems to me that the global economy is mainly driven by politics these days.…
Some ECB governors wanted to drop pledge to keep policy tight, sources say
Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight…
Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact
Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of…
Thailand sees more than 3% growth in 2025, plans more stimulus
Thailand’s economy could grow by 3% this year and by more than that in 2025, driven by the government’s stimulus…
US regional banks capitalize on rising deal fees to counter high deposit costs
U.S. regional banks’ profits outdid Wall Street expectations in the third quarter as their investment banking fees surged from a…
China, Saudi Arabia top buyers of Russian fuel oil in September, LSEG data shows
China and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in September,…
Libyan oil exports return to normal levels as Sharara crude flows restart
Libya’s crude exports recovered to normal levels in the week to Oct. 16, according to tanker tracking data, as flows…
Taiwan’s MFIG buys around 65,000 T of corn, Brazil expected origin
Taiwan’s MFIG purchasing group bought about 65,000 metric tons of animal feed corn expected to be sourced from Brazil in…