ASEAN leaders agree tariff deals with US should not harm members
Southeast Asian leaders reached an understanding on Tuesday that any bilateral agreements they might strike with the United States on…
French inflation continues to fall as consumption struggles
Inflation is almost non-existent and will remain moderate In May, consumer prices in France rose by just 0.7% year-on-year, up…
German economy expected to contract by 0.3% this year, DIHK says
The German economy is expected to contract by 0.3% this year, shrinking for a third consecutive year, the German Chamber…
Plummeting US core capital goods orders point to weak business spending
New orders for key U.S.-manufactured capital goods plunged in April amid mounting uncertainty over the economy because of tariffs, suggesting…
UK shop prices ease in May but cost pressures are building, BRC says
British shop prices fell slightly overall this month but food price inflation accelerated, according to a survey on Tuesday from…
ECB’s Villeroy: normalisation of interest rates in euro zone probably not complete
The normalisation of interest rates in the euro zone is probably not complete, European Central Bank (ECB) policymaker Francois Villeroy…
AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty
Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African…
German consumer sentiment gets boost for June but households still thrifty, GfK finds
German consumer sentiment is set to improve again slightly heading into June but households’ hesitancy to spend remains an obstacle…
Trump says EU call to set up trade meetings is positive
U.S. President Donald Trump on Tuesday said the EU’s move to set up talks was positive and that he hoped…
UK retail sentiment plummets in May and sales fell more sharply, CBI says
Confidence among British retailers fell at the sharpest pace in five years and a decline in sales volumes gathered pace…