China has scrapped two-thirds of its planned coal power plants abroad: report
Five years after China pledged to stop building or financing new coal-fired power plants overseas, the country’s state…
Swiss National Bank holds rates at 0% as inflation stays low
Swiss flag is pictured at the Harbor in Geneva, Switzerland, March 13, 2024. Denis Balibouse | Reuters Switzerland’s…
Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living | Australian economy
Australians are “scrambling” to find more work to cover soaring living expenses and prepare for higher mortgage costs,…
Unemployment steady, low and seasonal
WELL TRIMMED: Unemployment and underemployment are about where the government expected them to be, DGBAS said, with graduations…
South Korea keeps fuel cheap for holidays as fiscal cost mounts
With millions of South Koreans set to hit the road this week during a three-day public holiday, the…
Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF
Global debt climbed to a record high of more than US$365 trillion in the first half of the…
Consumer confidence in Türkiye hits over 8-year high
Consumer confidence in Türkiye reached its highest level in more than eight years in September, official data showed…
Global Inflation to Linger and Fed to Hike Again, OECD Says
(Bloomberg) — Inflation around the world will be faster than forecast in 2027, an outlook that necessitates more…
Economists Debate Diesel Export Ban While USDA Questions Ad-Hoc Relief
Along with the conflict in the Strait of Hormuz and Iran slowing the flow of oil, Benavidez said…
OECD says growth ‘resilient’ in 2026 despite Middle East war
The OECD group of industrialized countries on Wednesday lifted its global growth forecast for 2026 despite the war…
Arab News | Saudi Arabia’s economy to expand 4.1% in 2027: OECD
RIYADH: Saudi Arabia’s gross domestic product is projected to grow by 4.1 percent in 2027, outpacing both the…
OECD raises Korea’s 2026 growth forecast to 3.7%
Containers boudn for exports are stacked at a port in Pyeongtaek, Gyeonggi Province, Sept. 6. Yonhap The Organization…