Mainland China’s ultra-wealthy numbers rise as Hong Kong tipped for faster growth
Mainland China’s population of ultra-high-net-worth individuals (UHNWIs) – those with assets exceeding US$30 million – has grown by…
Fed rate cuts pushed to late 2026 as Middle East war fuels inflation surge
Reuters poll: Fed seen on hold through September as Middle East war drives inflation higher. 71 of 103…
Seasonally adjusted government deficit at 3.0% of GDP in the euro area – Euro indicators
In the fourth quarter of 2025, the seasonally adjusted general government deficit to GDP ratio stood at 3.0%…
Richest countries in 2026: New measure of wealth pushes France and Germany out of top ten
Europe dominates global wealth rankings, but what it actually means to be a “rich country” depends heavily on…
Economist Gareth Kiernan warns fuel prices likely to stay above $3 a litre into 2027
“Even looking out into 2027, we think a reasonable working assumption is you’ve got petrol prices still around…
He’s 40 in South Korea, in $300k Debt and Living on $10 a Day
This as-told-to essay is based on a conversation with Kang Gwang-sik, a 40-year-old content creator from South Korea.…
South Korea economic growth surpassed estimates in Q1, thanks to chips
A screen displays the closing figure of the Korea Composite Stock Price Index (KOSPI) inside a trading room…
Financial stress is fraying New Zealand’s social fabric as trust and unity fall, new report claims
The latest report saw major shifts in social attitudes and beliefs over 2025; trust in the Government fell…
ECB’s Simkus: The ECB shouldn’t raise interest rates in April
The ECB shouldn’t raise interest rates in AprilWe can’t rule out a rate hike this year ECB policymaker,…
Finance Minister Nicola Willis says economic recovery is ‘delayed but not derailed’
“If that does remain the case, we face some significant short-term challenges and heightened medium to long-term risks.”…
Japan PMI shows manufacturing surge as services slowdown caps growth
Japan’s composite PMI eased to 52.4 (exp. 51.4) as manufacturing surged to 54.9 but services slowed to 51.2.…
Productivity data shows NZ’s economic performance continued to decline post-Covid
Multi-factor productivity (the measure combining changes based on labour output and the changes based on capital investment) declined…