PBOC Forces Rethink of Rate-Cut Path as Goldman Sees Longer Halt
Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after…
Wednesday briefing: Why young people are bearing the brunt of the unemployment crisis |
Good morning. I’m Karen McVeigh and I’ll be bringing you First Edition alongside Martin Belam and Aamna Mohdin…
BB to cut EDF size to $2b by Dec to meet IMF conditions
Under the $4.7 billion IMF loan deal, the central bank has committed to keeping the EDF capped at…
UK Business Seeks to Swerve More Tax as Reeves Prepares Budget
UK business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the…
The 50-year mortgage would cost you nearly $400k more than the standard, AP analysis says
The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis…
China Banks Issue Phantom Loans to Hit Targets in Slow Economy
Jerry Hu, who owns an auto-parts firm in eastern China, was approached in October with a strange request.…
Emerging Assets Trade Mixed on Payroll Data, US Reopening Hope
Emerging-market currencies fell and stocks climbed amid limited liquidity on Tuesday as traders digested the latest private payroll…
Many Canadians preparing to cut back on holiday spending: survey
The rising cost of living is expected to put a chill on holiday spending this year. A new…
UK unemployment rate rises to 5% as jobs market weakens
Michael Sheils McNameeBusiness reporter Reuters The rate of UK unemployment has risen to 5% in the three months…
Canadian Job Growth Is All In On Big Business, Amplifying Risks: BMO
Canada’s growth engine has long been small businesses, but the country is all in on large firms. BMO…
Scotland’s unemployment rate drops slightly to 3.7%
PA Media Unemployment in Scotland has fallen slightly to 3.7%, according to the latest figures. The figure dropped…
Greek Property Prices Show No Ceiling: 38% Rise Since 2019
Credit: Chrisgoldny, CC2/Flickr The relentless surge in Greek property prices shows no sign of peaking, undermining expectations for…