Chinese firms’ overseas expansion fuelled by government subsidies: OECD report
Chinese firms receive three to eight times more government subsidies than their global competitors, fuelling nearly 60 per…
Euro area annual inflation up to 3.2% – Euro indicators
Euro area annual inflation is expected to be 3.2% in May 2026, up from 3.0% in April according…
Australia’s net trade drags on economy in Q1 as tech, fuel imports surge
By Stella Qiu SYDNEY, June 2 (Reuters) – Australia’s net trade proved to be a major drag on…
US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report
According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks…
South Korea inflation hits two-year high, imminent rate hike in play
By Jihoon Lee SEOUL, June 2 (Reuters) – South Korea’s consumer inflation quickened in May to a more…
Equity Savings And Loans Faces Collapse, Thousands Of Depositors Locked Out
Thousands of Equity Savings customers are stranded as deposits become inaccessible amid institutional collapseBusiness owners face financial distress…
Greece Records Europe’s Lowest Household Saving Rate
Greece’s households are under growing financial pressure, with OECD data showing the country has Europe’s lowest household savings…
Australia’s most overvalued housing markets revealed in new data
Australian capital cities that appear most “overvalued”, and potentially more vulnerable to the nation’s housing reckoning, have been…
RBNZ risks crushing already weakened economy to contain oil-driven inflation Kiwibank warn
Kiwibank now expects the RBNZ to begin hiking in July after a 3:3 split vote, warning the central…
Asia’s richest country tops global infrastructure ranking
The ranking is part of the publication’s 2026 Best Countries study, which evaluated 100 economies using data-driven methodology…
Australia lifts minimum wage by 4.75% as inflation reaccelerates
By Renju Jose and Stella Qiu SYDNEY, June 2 (Reuters) – Australia’s independent wage-setting body on Tuesday said…
China Funnels $6 Billion Into Morocco, Stoking EU Tariff Alarm
Marrakech – Outside the Moroccan port city of Tangier, Chinese auto-parts manufacturers are erecting factories at speed across…