Israel ranks 18th in global wealth list as 8,800 Israelis become new millionaires
Israel ranked 18th in average personal wealth in the world in 2025 as the number of millionaires continued…
ICYMI: BoE’s Bailey says won’t rush to raise rates on oil-driven inflation spike
Bailey’s comments reinforce a patient BoE reaction function, leaning against any near-term case for a rate move despite…
ECB’s Wunsch: Would need stronger second-round effects to justify further tightening
Would need stronger second-round effects to justify further tighteningAny inflation surprise before the July meeting more likely on…
No negative surprises for the ECB as Eurozone inflation eases in June
CPI +2.8% vs +3.0% y/y expectedPrior +3.2%Core CPI +2.4% vs +2.5% y/y expectedPrior +2.6% There are quite a…
Fed Chairman Warsh: Inflation risks declining, AI to create jobs
Federal Reserve Chairman Kevin Warsh said Wednesday that inflation risks have declined in recent weeks but that the…
Fuel prices jump in Poland as final government crisis measures end
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Breaking: US ISM Manufacturing PMI dropped to 53.3 in June
The Institute for Supply Management’s (ISM) data showed the Manufacturing PMI edging lower to 53.3 in June, down…
Investors have regained appetite for Zambia after default, Citi says
A view of the Bank of Zambia in Lusaka, Zambia February 23, 2024. REUTERS/Namukolo Siyumbwa/File Photo JOHANNESBURG, July…
‘Stressed’: Singapore businesses rattled by higher electricity and gas prices
SINGAPORE – Jacky Wong, the third-generation owner of zi char institution Kok Sen, has been watching the increase…
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than expected in June, with hiring targeted heavily toward healthcare-related sectors, ADP reported…
Investors are rushing back to Zambia for its top sector and economic stability – Citi
This shift was highlighted by a senior official at the multinational financial services corporation and investment bank,…
EMA says Middle East conflict behind higher electricity, gas tariffs for 3Q, encourages households to keep saving energy
SINGAPORE: The Energy Market Authority (EMA) announced on Tuesday (June 30) that electricity and gas tariffs in Singapore…