EU to propose removing tariffs on US goods to meet Trump’s demands – Bloomberg
Citing people familiar with the matter, Bloomberg reported on Wednesday that the European Union (EU) is looking to…
Japan remains cautious on economic impact of tariffs in August report
(Corrects story to remove extraneous “embargoed” tag in headline, no changes to text) TOKYO (Reuters) -The Japanese government…
Rising rates prospect will boost bank profits
[Shutterstock] A major obstacle to the profitability of Greek, as well as European, banks is about to go…
U.S. tariffs take effect on India, threatening $48.2-billion in exports
Open this photo in gallery: Workers at a manufacturing unit make leather footwear in Agra, India, on Monday.Manish…
China elevates infrastructure push in Tibet, aiming to raise investments on world’s roof
From giant dams to sprawling railways, Beijing has pledged to step up investments along the so-called roof of…
Treasury yields little changed as investors look ahead to key inflation data – CNBC
Treasury yields little changed as investors look ahead to key inflation data CNBCJerome Powell hints long-awaited rate cuts are…
New Zealand braces itself for bitter international climate
New Zealand’s economy grew faster than expected in the first quarter of 2025, firming up the recovery from…
China official says will announce more policies in September to broaden service consmption
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for…
Consumer Climate in the Summer Slump: Third Decline in a Row
German consumers’ economic optimism continues to dwindle. For the second time in a row, the economic indicator has…
China data – July Industrial profit -1.5% y/y (prior -4.3%)
China data, July Industrial profit -1.5% y/y prior -4.3% industrial profits fell for the third consecutive month YTD…
U.S. tariffs on Indian goods are now 50%, a level analysts warn is akin to a trade embargo
U.S. tariffs of 50% took effect Wednesday on many Indian products, doubling an existing duty as President Donald…
Hong Kong interest rate surge puts struggling economy to test
Markets HIBOR climbs to three-month high, ending cheap credit and carry trade The sudden upturn in the Hong Kong…