South Africa Adopts 3% Inflation Goal, Sees Higher Debt Peak
South Africa’s finance minister adopted a 3% inflation target, giving political backing to the central bank which lobbied…
ECB’s Schnabel Sees Price Risks Tilted ‘a Little Bit’ to Upside
Risks to inflation in the euro zone are skewed to the upside as the economy gathers momentum and…
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…
US Job Market Slows in Second Half of October, ADP Data Shows
US companies shed 11,250 jobs per week on average in the four weeks ended Oct. 25, according to…
Switzerland Moves Close to Improved 15% US Tariff Deal
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be…
Goldman Sachs Predicts South Africa Credit Rating Upgrade
Goldman Sachs Group Inc. expects an improvement in South Africa’s public finances to pave the way for a…
Quebec Premier Pushes C$496 Billion Pension to Invest at Home
Quebec Premier Francois Legault said he wants the province’s pension fund to invest more locally, including making bets…
Egyptian Inflation Quickens After Hike in Fuel Prices
Egyptian inflation quickened for the first time since May on the back of a surprise jump in rents,…
Senegal Eurobonds Drop Most on Record on Restructuring Talk
Senegal’s eurobonds plunged after the country’s prime minister said he would oppose restructuring the country’s debt, following “difficult”…
South Africa Wins $925 Million World Bank Loan for Ailing Cities
The World Bank approved a $925 million loan for South Africa to support a six-year program costing three…
RBA’s Hauser Says Economy’s Capacity Limits Challenge Policy
Australia’s monetary policy is being challenged by an apparent lack of spare capacity in the economy, Reserve Bank…
Turks Drive Hours to Buy Cheese in Greece and Escape Inflation
Almost every month, Cihan Citak gets into his car, passport in hand, and sets off from Istanbul to…