GT Voice: Canada’s diversification debunks Western narratives on China trade
Illustration: Liu Xidan/GT The latest labor force survey released by Statistics Canada has taken the market by surprise.…
Inflation is the biggest problem, Fed’s Goolsbee says
By Ann Saphir Aug 11 (Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee is more concerned…
Nigeria leads West Africa push to price its own fuel as Dangote refinery weakens decades-long reliance on foreign markets
The push could mark another shift in the region’s petroleum trade. West Africa has historically exported crude…
Inside Economics: Is Auckland simply too big for New Zealand’s economy?
I have been interested in the persistent “hidden” recession in Auckland and Wellington. While there are some numbers…
US economy’s K-shaped gap narrows as lower-income wages nearly match higher earners
For years, the US economic recovery looked like the letter K: one arm shooting upward for the wealthy,…
AI Boom Likely Stopped Recession, Top Economist David Rosenberg Says
The AI boom is soaking up investor cash, staving off a recession, and showing signs of faltering, David…
Norway wealth fund manager says fund collapse not impossible
OSLO – Could Norway’s sovereign wealth fund, the largest in the world with over US$2 trillion (S$2.5 trillion)…
Spain’s housing prices hold back young people’s independence despite job market improvement
The Spanish labour market has changed substantially over the last decade. Youth unemployment has fallen sharply, temporary employment…
Japan: BoJ inflation focus and rate risks – Rabobank
Rabobank’s Senior FX Strategist Jane Foley examines Japanese inflation dynamics and Bank of Japan policy. The report notes…
Expert reveals why over half a million Kiwis are in debt to the IRD
More Kiwis than ever are in debt to the IRD, and one expert has a theory about why…
Indonesian Rupiah stays under pressure as Retail Sales YoY decline in June
USD/IDR gains ground after two days of losses, trading around 17,850 during the Asian hours on Tuesday. The…
U.S. Treasury chief’s ‘whatever it takes’ vow to help yen masks limited firepower
Treasury Secretary Scott Bessent’s suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called…