Australia CPI unlikely to impact Aussie if June prints at 4% YoY
The Australian Bureau of Statistics (ABS) will publish the June Consumer Price Index (CPI) on Wednesday at 01:30…
Americans’ confidence in US economy falls as Iran conflict sends gas prices higher
WASHINGTON (AP) — Americans’ confidence in the economy fell this month as gas prices resumed their climb after…
Israel tourism crisis deepens as hotel occupancy drops to 44%
Following the second round of war with Iran in March, known as Operation Roaring Lion, and the subsequent…
Visa reports higher quarterly profit due to resilient consumer spending boost
Open this photo in gallery: Visa’s adjusted net income came in at $6.29-billion, or $3.32 per share, in…
Three Banks Still Dominate Morocco’s Banking Sector
Casablanca – Three banking groups continued to dominate Morocco’s banking sector in 2025, accounting for nearly two-thirds of…
China hits back at criticism over excess industrial capacity as more US tariffs loom
HONG KONG — HONG KONG (AP) — China pushed back Tuesday against claims of overcapacity in the world’s…
Elevated energy prices, AI capex binge puts the Fed and Kevin Warsh in a tough spot
It’s been clear for weeks that investors are wincing at the pain of runaway AI investment before seeing…
Labour market steadies in Q2 as population growth slows: Indeed
Senior Economist Brendan Berard examines Canada’s June jobs report, including the 6.4 per cent unemployment rate and whether…
Singapore growth to hold firm but AI boom a ‘major uncertainty’: central bank
Singapore’s economic growth should remain firm in the second half of 2026 although a major uncertainty is the…
U.S. goods trade deficit narrows in June as imports decline
The U.S. trade deficit in goods narrowed in June amid a broad decline in imports, but the improvement…
US ADP Employment Change 4-week average drops to 15K
Private-sector hiring in the US has further cooled in mid-July. According to the NER Pulse, the weekly companion…
Cash at Chinese banks swells to record high as borrowing slows
China debt crunch Lenders are carrying $9.4tn more in deposits than they have out in loans A shopping…