Clearance rate stays below 50% for sixth straight week
Auction activity typically slows during the mid-winter months of June and July before picking up again in spring.…
Australia’s living standards at risk as the 2020s are the worst decade for growth on record
The 2020s are shaping up as the worst decade for living standards growth in Australia on record, which…
ECONOMIC WEEK AHEAD: July 13-17
The S&P 500 closed Friday at 7,575.39, up 1.2% on the week, while the Nasdaq rose 1.7% last week. The…
Expert identifies trigger for next ‘severe global recession’
A sustained surge in oil prices above $120 per barrel could be the catalyst for the next global…
14 countries account for 68.8% of Egypt’s foreign trade in H1 FY2025/26: CBE
Fourteen countries accounted for 68.8% of Egypt’s total foreign trade during the first half (July–December) of fiscal year…
Japan wants 60 million tourists, but China isn’t sending them
Japan has found a new export industry and it doesn’t come off an assembly line. It arrives by…
Turkish automotive production falls 6 percent in first half of 2026
ISTANBUL Türkiye’s total automotive production declined by 6 percent year-on-year in the first six months of 2026 to…
Fitch affirms Saudi Arabia’s ‘A+’ rating with stable outlook
RIYADH: Fitch Ratings affirmed Saudi Arabia’s ‘A+’ sovereign credit rating with a stable outlook, citing strong fiscal buffers…
Türkiye offers Europe’s cheapest holiday destination
ISTANBUL Türkiye ranks as the cheapest country among Europe’s seven most popular holiday destinations, according to a Euronews…
Fitch affirms Saudi A+ rating despite growth slowdown
Good morning, all. We kick off the week with news of Fitch affirming our A+ rating despite the…
Oman posts $5.4bn trade surplus by end of April
RIYADH: Oman’s trade balance recorded a surplus of 2.09 billion Omani rials ($5.4 billion) by the end of April, little changed from 2.11…
CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year
Despite concerns from debt hawks, the U.S. government is continuing to borrow at pace: For the fiscal year…