Economy

China’s ‘Lehman Moment’? Which domino will fall next as property crisis grows? – South China Morning Post

China’s ‘Lehman Moment’? Which domino will fall next as property crisis grows?  South China Morning Post China's housing sector wobbles again—and…

9 months ago

Slide in euro zone service sector sharpens ECB’s rates dilemma

LONDON, Aug 23 (Reuters) - Euro zone business activity declined far more than thought in August with the slide in…

9 months ago

Turkish cenbank details moves to support monetary tightening

The central bank raised the policy rate by 250 basis points last weekInflation is expected to rise sharply for the…

10 months ago

Will the ECB slow its interest rate hikes as euro zone inflation cools?

LONDON, July 24 (Reuters) - The European Central Bank looks set to pull the trigger on a rate hike on…

10 months ago

Weak PMIs, Spain election uncertainty dent sentiment

[1/2]A woman walks along the skyline of the financial district at sunset in Frankfurt, Germany, October 26, 2020, REUTERS/Kai Pfaffenbach/File…

10 months ago

Minimum wage not enough to afford rent in 2022: report

No one earning minimum wage was able to rent an average apartment last year without spending more than a third…

10 months ago

Pakistan govt approves massive hike in power tariff on IMF demand: Report

In Pakistan, the federal cabinet allowed a significant increase in the electricity base through a summary of the circulation in…

10 months ago

The next threat to commodity prices will be El Niño

BRAZIL NGA used to be a small exporter of corn. Over the past two decades, however, its share in global…

10 months ago

UK consumers defy high inflation and shop more in June

UK retail sales +0.7% in June vs +0.2% forecastWarm weather and the coronation rebound will boost salesMany households are still…

10 months ago

Dollar gains as drop in US jobless claims boosts rate-hike bets

[1/4]US dollar banknotes are seen in this illustration taken on March 10, 2023. REUTERS/Dado Ruvic/Illustration/File photoNEW YORK, July 20 (Reuters)…

10 months ago