Kiwi dollar plunges to 13-year low against the Australian dollar after RBNZ holds interest rates
It might be time to book that holiday across the Tasman. The New Zealand dollar has plunged against…
ABS issuance falls 5.7% in Q3
logo of Financial Supervisory Service The issuance of asset-backed securities (ABS) in South Korea declined by more than…
Japan girds for new wave of food price hikes as tanker rates soar
Inflation Consumer prices could rise next year, erasing Takaichi’s consumption tax cut Prices rose for 4,965 food and beverage…
‘Flabbergasted’: Economists push back on RBNZs surprise OCR call, warn of inflation risk
He warned that risks for the Official Cash Rate (OCR) over 2027 were “tilted further to the upside”.…
Southeast Asia’s largest economy to cut domestic airfares by up to 13% for year-end holidays
Indonesia, which posts the highest nominal GDP in Southeast Asia, will cut domestic economy-class airfares by 11% to…
OCR surprise a mixed bag for retailers
Nicola Willis discusses Reserve Bank’s OCR decision A retail industry group says keeping the official cash rate (OCR)…
From cultural influence to commercial power: Building Africa’s creative economy
Africa’s creative economy faces both visibility and commercial challenges. While the continent has no shortage of talent…
Higher mortgage costs set to depress already ‘bleak’ housing market
Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology.…
Bad inflation result lays bare the ugly truth: There is no easy way out
It is hard to imagine after nearly five years of economic pain, but the grim truth revealed by…
Indonesia faces ‘triple selling’ pressure amid MSCI downgrade concerns
Markets Rupiah trades near record low as interest rate breaches 7.5% The sell-off reflects investor unease over index…
Inflation tracker: See how the price of everything has changed
If it feels like (almost) everything is getting more expensive, that’s because it is. Inflation has jumped, putting…
Bank of Canada raises interest rates for the first time in three years | Inflation News
The central bank increased key rate by a quarter point as soaring energy prices push up inflation. Published…