Conflict, high borrowing costs clip growth in EBRD regions, report says
Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and…
Japan’s GDP contracts, complicating BOJ’s rate hike plans
Japan’s economy contracted in the first quarter, squeezed by weaker private consumption and external demand and throwing a fresh challenge…
Euro zone banks face increasing headwinds, ECB warns
Euro zone banks are likely to face a number of headwinds this year that will weigh on profitability and asset…
China tariffs could boost Fed rate cut case
Escalation of the U.S.-China trade war seems unavoidable whoever wins the White House in November, but the equally inevitable inflationary…
How is China supporting Russia after it was sanctioned for Ukraine war?
Russian President Vladimir Putin and his Chinese counterpart Xi Jinping have praised the deep ties between their countries, during a…
Chinese overcapacity claims by US, Europe are ‘trade protectionism’, ministry says
China said on Thursday that U.S. and European assertions of excess capacity were “naked trade protectionism” and that efforts to…
Leaders from Western Balkans, EU, meet to discuss growth plan, reforms
The six Western Balkan countries brought together by the European Union met in Montenegro’s Adriatic resort of Kotor on Thursday…
US weekly jobless claims fall; labor market gradually easing
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor…
China says ‘bullying’ tariff hike shows that some in US have lost their minds
The U.S. move to raise tariffs on Chinese goods is a case of “typical bullying” and “shows that some people…
ECB’s Centeno sees lower interest rates soon, no word on June decision
Euro zone inflation is in a sustained decline towards 2% and the European Central Bank’s interest rates will certainly start…