Newsletter: Europe braces for a more hostile economic order
Good morning. It’s Mared Gwyn, bringing you today’s newsletter from Brussels. ADVERTISEMENT ADVERTISEMENT My colleague Vincenzo Genovese is…
Reserve Bank worries about inflation pressures building, risk of a recession
The Reserve Bank is growing increasingly anxious about price pressures building in the economy. Speaking in Sydney today,…
Fears of new China shock as EU industry’s reliance on imports grows | International trade
Europe is facing a fresh China shock that threatens to cannibalise local factories, leading to job losses and…
The youth unemployment crisis is Starmer’s legacy
When Labour MPs eventually hoof Keir Starmer out of office, the Prime Minister and his neighbour in No.…
Public sector shake-up threatens Wellington recovery and could push workers out, economist warns
Infometrics principal economist Nick Brunsdon said that means the capital “is likely to bear the brunt” of the…
UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war | Economics
Unemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, according to official figures,…
Up and up: rising gas prices having effects on land and sea
SAVANNAH, Ga. (WSAV) — Gas prices have gone up dramatically over the past month and it’s affecting one…
China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries for a GDP bump
The financial and commercial hub of mainland China is pinning its economic hopes on emerging industries such as…
China’s firms have a glaring weakness as they face a barrage of EU probes
With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints…
RBA minutes: Eight of nine members backed May hike as inflation expectations risk grew
RBA minutes show eight of nine board members backed the May rate hike to 4.35%, citing rising inflation…
‘Self-fulfilling’ inflation expectations risk recession
Australian businesses and consumers have been urged to keep their inflation expectations in check as the Reserve Bank…
‘Remain calm’: Japan is gripped by fears of a naphtha shortage. What is it and why are people worried? | Japan
Japan’s government is fighting to cushion the economic impact of the Middle East war, as the shortage of…