Thai oil fund deficit may hit 100bn baht by early October
Increasing the role of biofuels was another priority for reducing reliance on imports during a period of volatile…
‘Winter is coming’: IMF head issues ‘warning’ over inflation and central bank tightening
The global economy has so far shrugged off $100 oil. It won’t forever. “Winter is coming,” Kristalina Georgieva,…
Nigeria moves to Africa’s third-highest interest rate despite bumper cut
…records 350bps cut, second-largest single rate reduction in continent this year Nigeria has improved slightly in Africa’s interest-rate…
ADB raises Korea’s 2026 growth forecast to 3.2%
Visitors view semiconductor products at an exhibition in Suwon, Gyeonggi Province, Aug. 26. Yonhap The Asian Development Bank…
South Korea Keeps Fuel Cheap for Holidays as Fiscal Cost Mounts
(Bloomberg) — With millions of South Koreans set to hit the road this week during a three-day public…
Turkish consumer confidence rises 1.3 percent in September
ISTANBUL (AA Photo) Türkiye’s consumer confidence index rose 1.3 percent month-on-month to 91.9 in September, reaching its highest…
Inflation Is Peaking and Will Fall, BlackRock’s Rieder Says. Here’s Why
Key TakeawaysEven though inflation is improving, sticky inflation in shelter, healthcare, and other sectors complicates the Federal Reserve’s…
Hong Kong workforce to shrink by 20,000 yearly as key sectors face shortages
Hong Kong’s workforce is forecast to shrink by around 20,000 a year until 2028 despite measures to import…
Global banks expect Africa’s biggest economy to hike rates tomorrow
….as inflation risks rise South Africa is expected to raise interest rates on Wednesday as renewed oil price…
Africa’s infrastructure boom is waiting for a new capital model
The financing problem extends beyond the amount of money available. The World Bank has identified foreign exchange…
German aluminium foil exports fall 2.8% in H1 2026 despite higher volume supplied to France: How will H2 unfold?
The image used in this article is generated with an AI tool and does not depict any real-time…
Chip boom masks Korea’s growing zombie firm problem
A food alley in downtown Seoul, June 23 / Yonhap Korea’s semiconductor boom is producing extraordinary headline growth,…