24 h. ago Modest but steady economic growth likely means no interest rate cut for Europe

FRANKFURT, Germany (AP) — Signs of a modest economic upswing in Europe will likely let the European Central Bank keep interest rates unchanged Thursday for a fourth straight meeting. President Christine Lagarde has said at recent meetings that monetary policy remains “in a good place” with the benchmark deposit rate at 2%. Analysts expect that […]

Economics

33 h. ago BOE Set to Resume Rate Cuts After Inflation Drop: Decision Guide

The Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift away from inflation and toward the UK’s struggling economy and jobs market.

Economics

48 h. ago Thailand Cuts Rate as Currency Surge Adds to Growth Headwind

The Bank of Thailand cut its key interest rate to the lowest since 2022 to bolster a fragile economy weighed down by a stubbornly strong currency and renewed political uncertainty, while leaving the door open for more easing.

Other

4 d. ago Electricity Is Now Holding Back Growth Across the Global Economy

The increase in grid stress leads to a decline in capital outlay, according to new research.

Other

4 d. ago China Confronts the Cost of Dismantling the World’s Biggest Coal Sector

From the days of Mao Zedong, the fuel has underpinned economic growth, millions of jobs and the Communist Party’s founding myths.

Economics

7 d. ago Asian Stocks Rise After Global Gauge Hits New Peak: Markets Wrap

Asian stocks climbed after gauges of US and global equities hit fresh records, with investor sentiment boosted by the Federal Reserve’s rate cut and its upbeat assessment of the US economy.

Economics

7 d. ago Asian Stocks Jump After Global Gauge Hits New Peak: Markets Wrap

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this week’s Federal Reserve’s rate cut and its upbeat assessment of the US economy.

Economics

7 d. ago Asian Stocks Head for Highest Close in a Month: Markets Wrap

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this week’s Federal Reserve’s rate cut and its upbeat assessment of the US economy.

Economics

8 d. ago Asian Stocks to Rise as Fed’s Rate Cut Lifts Mood: Markets Wrap

Asian equities were set to echo gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the economy will strengthen as the inflationary impact from tariffs proves temporary.

Economics

8 d. ago Asian Stocks Set for Gains as Fed’s Cut Lifts Mood: Markets Wrap

Asian equities looked poised to echo gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as the inflationary impact from tariffs fades away.

Economics

8 d. ago Asian Stocks Advance as Fed’s Rate Cut Lifts Mood: Markets Wrap

Asian equities echoed gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as the inflationary impact from tariffs fades away.

Economics

8 d. ago European Stocks Steady Ahead of Fed as Traders Seek Policy Clues

European stocks were steady before a widely anticipated Federal Reserve interest-rate cut Wednesday, amid concerns that global monetary easing cycles may be coming to an end.

Economics

9 d. ago Silver tops US$60, gold advances as traders bet on lower rates

Gold also gained as traders awaited the Federal Reserve’s near-certain rate cut and cues on its monetary easing in 2026

Economics

9 d. ago Mexico’s Inflation Accelerated Ahead of Banxico Rate Meeting

Mexico’s annual inflation accelerated more than expected last month, a week before policymakers are expected to deliver their last rate cut of the year.

Economics

1 week ago Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday in a report that was delayed five weeks by the government shutdown. […]

Economics

1 week ago Canada’s economy posts surprise gain of 54,000 jobs as unemployment rate falls 

The economy has gained 181,000 jobs in the past three months

Other

2 w. ago Asian Stocks to Gain as Bets for Fed Rate Cut Rise: Markets Wrap

Asian stocks were set to drift higher Thursday after US shares climbed as more evidence of a slowing US jobs market supported the case for a December Federal Reserve interest rate cut.

Economics

2 w. ago Unlocking every potential: Papua New Guinea’s drive for an inclusive workforce

Inclusive education and workplaces are creating opportunities for young people to reach their full potential and fuel economic growth in Papua New Guinea. The Papua New Guinea Education Advocacy Network, supported by the Global Partnership for Education’s (GPE) Education Out Loud—the largest fund for education advocacy in the world— is spearheading policy reforms to empower […]

Other

2 w. ago Despite U.S. trade war, OECD expects global economy will grow 3.2% this year

WASHINGTON — The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick […]

Economics

2 w. ago South Korea’s Inflation Holds Steady, Dimming Rate Cut Prospects

South Korea’s consumer inflation held steady in November, giving the central bank more reason to stay cautious about monetary easing as authorities remain wary that a persistent property market rally could kindle financial imbalances.

Economics