Economy

China’s producer prices fell more than expected in July, while consumer prices were unchanged, underscoring the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment. Factory-gate prices have been declining for...

In an effort to strengthen the faltering UK economy, the Bank of England lowered its benchmark interest rate by a quarter point to four percent on Thursday. In addition to the anticipated ruling, the BoE predicted...

Hours before another round of charges goes into effect, US President Donald Trump opened a new front in his trade conflicts on Wednesday by ordering harsher tariffs on Indian imports in response to New Delhi’s ongoing...

Official data released on Friday revealed that Eurozone inflation was steady in July, defying predictions that increases in consumer prices would slow. According to the EU’s statistics agency, the single currency area’s inflation rate was 2.0...

The US Federal Reserve’s preferred inflation gauge registered a slight increase on Friday, coinciding with a weakening in consumer spending. This data prompted renewed criticism from President Donald Trump directed at the central bank’s chair for...

Bangladesh’s economy continues to receive a significant boost from its expatriate workforce, with remittances reaching approximately US$1.99 billion in the first 21 days of June. This strong inflow underscores a remarkable growth trajectory for the current...

Thai exports rose at their fastest pace for three years in May, driven by shipments to the United States, the kingdom’s commerce ministry said on Wednesday, as President Donald Trump’s threatened tariffs loom. Exports climbed 18.4...

British inflation eased less than expected in May after surging in April, official data showed on Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week. The Consumer Prices Index dipped...

The Swiss National Bank cut interest rates by 0.25 percentage points to zero percent on Thursday, refraining from returning to negative rates for the time being. “Inflationary pressure has decreased compared to the previous quarter. With...

Brazil’s central bank on Wednesday raised its benchmark interest rate by 0.25 points to 15.0 percent, its seventh straight hike in nine months of trying to curb inflation. The rate, known as the Selic, is at...