South Africa Wins $925 Million World Bank Loan for Ailing Cities
The World Bank approved a $925 million loan for South Africa to support a six-year program costing three…
RBA’s Hauser Says Economy’s Capacity Limits Challenge Policy
Australia’s monetary policy is being challenged by an apparent lack of spare capacity in the economy, Reserve Bank…
I’m Sure There’s Nothing to Worry About Now That Mortgage-Backed Securities Are Driving AI
If you weren’t alive, or weren’t news-cognizant, back in 2007 when the slow motion debt crisis all around…
China Consumer Prices Unexpectedly Rise on Holiday Demand
China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.…
Philippine Growth Shock Sparks Doomsayer Debate With Investors
The Philippines’ sharp growth slump lays bare how revelations of massive graft have gutted confidence, even as top…
Vietnam PM Says 4Q GDP Must Expand 8.4% to Meet Growth Goal
Vietnam’s economy must grow at least 8.4% in the final quarter of the year if the nation is…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
Japan’s Ruling Bloc Partner Warns Against Mixed-Message BOJ Hike
A Bank of Japan move to raise interest rates at a time when the government is calling on…
UK Business Warns Against ‘Death by a Thousand Taxes’ at Budget
The UK’s biggest business lobby warned Rachel Reeves against hitting companies with a series of smaller tax rises…
UK Budget: Reeves Sees Reward in Keeping Lid on Inflation
Rachel Reeves stands to be the biggest beneficiary of her own efforts to bring down UK inflation and…
US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
Japan’s Ruling Party Eyes $6.5 Billion a Year for Chips, AI
Japan’s ruling party aims to secure roughly ¥1 trillion ($6.5 billion) per year to keep supporting the nation’s…