Fed rate hike odds surge to 90% on monthly jump in core prices
A fresh reading on inflation showed monthly prices rose more than expected in August, increasing the likelihood the…
China’s AI chip demand pushes South Korea into a rare surplus with top trade partner
South Korea has emerged as a rare bright spot among East Asian economies trading with China, as booming…
China pivots to ‘investing in people’ strategy as growth engine switches gears
China will allocate more of its fiscal spending this year towards human capital and social safety nets, as…
Europe would face a violent market crash if it dumps Treasuries
President Donald Trump retreated from this threat to impose tariffs on NATO allies in response to his plan…
Take heart, borrowers, Bank of Canada rate cuts might still be on the table
The Bank of Canada made it plain yesterday that this might be it for rate relief. Canada’s central…