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Economy

10232 posts
EEconomy
China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
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China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow

  • July 9, 2026
China’s “big four” state-run banks are the largest in the world in terms of asset scale, a new…
EEconomy
Hong Kong falls to 4th among world’s costliest cities for wealthy individuals
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Hong Kong falls to 4th among world’s costliest cities for wealthy individuals

  • July 9, 2026
Hong Kong dropped from third place last year to fourth, with half of the goods and services tracked…
EEconomy
Bangkok Post - Prepared food prices remain high despite cheaper fuel
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Bangkok Post – Prepared food prices remain high despite cheaper fuel

  • July 9, 2026
Lower domestic fuel prices are expected to lift consumer confidence, but are unlikely to immediately reduce prepared food…
EEconomy
BOK Gov. Shin Hyun-song speaks at the second meeting of the Financial and Economic Planning Commission at the National Assembly in Seoul, Thursday. Yonhap
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BOK governor sees need for rate hike at appropriate time

  • July 9, 2026
BOK Gov. Shin Hyun-song speaks at the second meeting of the Financial and Economic Planning Commission at the…
EEconomy
Africa’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual bill
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Africa’s largest economy plans biggest overhaul of cash system as consumers shoulder $5.5billion annual bill

  • July 9, 2026
In a new position paper, the South African Reserve Bank (SARB) said cash remains a cornerstone of…
EEconomy
China's economy picks up in June on rebounding U.S. exports: analysts
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China consumer price growth weakens in June, producer inflation quickens

  • July 9, 2026
A container ship is berthed at the container terminal in Qingdao, China’s eastern Shandong province on June 25,…
EEconomy
SuperQ Quantum Computing Announces Partnership with Web Summit to Drive Global Momentum; Showcases Practical Quantum Masterclasses at Web Summit and INVENTURES
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Bank of Ireland -Surprise rise in asking prices despite reports of stretched affordability

  • July 9, 2026
Annual asking price inflation rises to 5% nationwide and to 4.5% in Dublin, and slows to 5.4% outside…
EEconomy
Weekly mortgage demand drops as rates remain stuck in a narrow range
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Weekly mortgage demand drops as rates remain stuck in a narrow range

  • July 9, 2026
In an aerial view, a residential neighborhood is seen on June 4, 2026 in Pembroke Pines, Florida. Joe…
EEconomy
U.S. Fed minutes show division over whether to hold or raise rates amid inflation concerns
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U.S. Fed minutes show division over whether to hold or raise rates amid inflation concerns

  • July 9, 2026
Open this photo in gallery: U.S. Federal Reserve Chair Kevin Warsh attends a conference in Sun Valley, Idaho,…
EEconomy
Western Canadian fed cattle market remained hot during end of June
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Western Canadian fed cattle market remained hot during end of June

  • July 8, 2026
Fed market remains hot Fed cattle in Western Canada continued to bring high prices during the week ending…
EEconomy
US summer travel slumps under rising fares and fuel expenses | Travel News
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US summer travel slumps under rising fares and fuel expenses | Travel News

  • July 8, 2026
The global travel industry, already weighed down by the ongoing tensions between the US, Israel and Iran, is…
EEconomy
FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation
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FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation

  • July 8, 2026
(Kitco News) – The minutes from the June 16-17 Federal Open Market Committee (FOMC) meeting showed members united…
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