Indonesia cracks down on industrial tax cheats as fiscal deficit widens
Economy Finance minister points at Chinese-backed steel and construction material companies Indonesian Finance Minister Purbaya Yudhi Sadewa vows to…
Strong rally in NZ fixed income driven by the longer end of the curve
US equities have rebounded from the weakness in the previous session. The S&P is up around 0.7% currently…
Economy is marginally improving but only because the rich are splurging on luxury items and holidays, the Fed says
At long last, the Fed’s Beige Book had some good news for investors and analysts: Economic activity has…
Primary budget surplus hits €8 billion, beating target
The Ministry of Finance wants to boost flagging mergers and acquisitions activity by extending tax breaks to smaller…
US to cut tariffs on Taiwanese goods after investment pledge
Natalie Sherman,Business reporterand Lily Jamali,North America Technology correspondent Bloomberg via Getty Images The US has been pushing to…
Electricity and gas prices jump, food price growth slows, Statistics NZ says. Did inflation end 2025 above 3%?
Electricity and gas prices surged in the December year, with food prices up 4%, down a bit from…
Fed Governor Miran Hails Greece’s “Remarkable” Recovery as Blueprint for Deregulation
Miran is sworn in as governor on September 16, 2025. Credit: Public Domain Fed Governor Stephen Miran praised…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Dollar rises as U.S. jobless claims unexpectedly fall
The dollar was becalmed on Wednesday, as other assets hogged the limelight. Jenner Images | Moment | Getty…
Russia’s Customs Revenues Fall 20% in 2025, Deepening Budget Shortfall
Russia’s federal customs service transferred 5.965 trillion rubles ($75.7 billion) to the federal budget in 2025, a 20%…
Biggest lenders cut rates as mortgage price war heats up
Mortgage rates are at their lowest in more than three years as a price war between some of…
German gross domestic product was 0.2% higher in 2025
That’s at least some positive news that will shelve stagflation fears for a while. But as price pressures…