AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
China Ends Gold Tax Break in Setback for Key Bullion Market
China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
China’s Industrial Profit Growth Picks Up to Near Two-Year High
Chinese industrial companies saw their earnings surge the most in nearly two years, as production revs up while…
RBA Braces for Policy Test as Disinflation Fades, Jobs at Risk
Just as Australia’s central bank was on track to meet its inflation and employment mandate, fresh data may…
Surprise Aussie city surging in economic rankings as Western Australia remains dominant
The Northern Territory has jumped up to fourth place in terms of economic momentum. (Source: Getty) Western Australia…
North America Set to Cut Rates as Rest of G-7 Looks On
Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those…
China Vows to Keep Markets Stable, Deepen Yuan Reform
China’s central bank pledged to keep the country’s stock, bond and foreign-exchange markets stable, and said it will…
Gray List: South Africa, Nigeria Exit Global Watchdog’s Dirty Money List
South Africa and Nigeria were taken off a global watchdog’s dirty-money list, providing a fillip for increased remittances…
Euro-Zone Business Activity Unexpectedly Hits Highest Since 2024
Business activity in the euro area unexpectedly reached its highest level since May 2024 as outperformance by Germany…
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central…
GDP Warrants: Why Ukraine, Argentina, Greece Face Debt Investor Pushback
An esoteric and often controversial financial instrument used in sovereign debt negotiations has been making headlines this year…