Economy

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...

Oil prices rallied on Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles. Hopes that the deadly conflict can...

The Bank of Japan kept interest rates unchanged on Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world’s number...

Washington D.C., USA – The World Bank is re-engaging with nuclear energy financing “for the first time in decades,” its President Ajay Banga announced on Wednesday. This strategic shift is aimed at addressing the burgeoning electricity...

US consumer inflation ticked up in May, in line with analyst expectations, government data showed on Wednesday as President Donald Trump’s sweeping tariffs began to ripple through the world’s biggest economy. The consumer price index (CPI)...

Americans’ anxiety about the future path of inflation eased in May, as they also grew more upbeat about the state of their personal finances, according to a report released on Monday by the New York Federal...

Chinese exports grew slower than expected in May, according to official data on Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump’s tariff blitz. The figures also showed imports...

Indonesia commenced the implementation of a $1.5 billion stimulus package on Thursday, designed to invigorate consumer activity after Southeast Asia’s largest economy recorded its slowest growth in over three years during the first quarter. The archipelago...

Singapore’s economy rose faster than expected in the first quarter year-on-year, official data showed on Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs. The government, however, warned...