DBS Bank Named Singapore’s Second RMB Clearing Bank
DBS Bank (DBSM.SI) has been appointed as the second renminbi (RMB) clearing bank in Singapore. The announcement was…
Australia’s productivity collapses to zero
The collapse in Australia’s labour productivity is well documented. An OECD analysis published in The AFR found that…
Greece pays off debt worth 5.3 billion euros ahead of schedule
Greece has paid off ahead of schedule debt worth €5.3 billion that had been due after 2031, two…
Mortgage crisis: What are Europeans cutting back on to make ends meet?
Soaring housing costs are fast becoming the Grinch of Europe, dampening people’s desires to make social plans for…
At least one in four Aussies unable to repay credit card debt over past three years, fresh Finder research reveals
Cost of living woes have become so intense it is forcing a shock number of Australians to dip…
Greece Repays €5.29 Billion Early Under First Bailout Loans
Greece is focused on reducing its massive public debt. Credit: Greek Reporter Greece on Monday made an early…
GDP preview: How strong is the economy? September quarter data due
There are expectations that the grim second-quarter figure will be revised upwards in Thursday’s update. That could also…
Industrial production up by 0.8% in the euro area and by 0.3% in the EU – Euro indicators
Overview In October 2025, compared with September 2025, seasonally adjusted industrial production increased by 0.8% in the euro…
Canada annual CPI inflation stays unchanged at 2.2% in November vs. 2.4% expected
Annual inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at…
China’s Coal and Gas Power Faces Its First Annual Decline in a Decade
Coal- and gas-fired power generation in China is on course for an annual decline for the first time…
China yuan hits 14-month high even as weak consumer demand clouds economic growth outlook
China’s onshore yuan strengthened to its firmest level in more than a year on Monday, even as fresh…
Chinese mining giant CMOC pays US$1 billion for Brazilian gold mines with 8 tons of output
CMOC Group, one of China’s biggest miners, extended its push into precious metals with a US$1 billion deal…