ECB’s Panetta: Inflation to hover around 3% and remain above that level until early 2027
European Central Bank (ECB) policymaker and Governor of the Bank of Italy, Fabio Panetta, warned in the European…
New Zealand Dollar remains firm above 0.5800 despite weak China GDP data
The NZD/USD pair trades in positive territory around 0.5825 during the Asian trading hours on Wednesday. The New…
China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live | Business
Key events Dan Coatsworth, head of markets at the investment platform AJ Bell, said: double quotation markAfter years…
Construction activity sees sharp slowdown in June
Inflation and shipping delays caused by the Middle East war contributed to a sharp slowdown in construction output…
Türkiye among top OECD performers in real wage growth
ISTANBUL Türkiye ranked second among OECD countries in real wage growth in the first quarter of…
Japan’s Takaichi: Food inflation has decelerated slightly, but still remains high
Japan’s Prime Minister Sanae Takaichi said on Wednesday that food inflation has decelerated slightly but still remains high. Key quotes…
In charts: Beyond the Big Six, India’s urban money is spreading – The Times of India
In charts: Beyond the Big Six, India’s urban money is spreading The Times of IndiaWhy India’s cities need stronger…
World’s second-richest country posts 5.7% GDP growth in Q2
On a seasonally adjusted quarter-on-quarter basis, gross domestic product (GDP) rose 1.1%, extending the 1.3% growth recorded in…
China economic growth falls sharply, missing target
China’s economic growth slowed sharply between the start of April and end of June as weak domestic demand…
Turkish Lira: Structural external gaps keep TRY under pressure – Commerzbank
Commerzbank’s Tatha Ghose highlights that Turkey’s current-account deficit widened in May and remains structurally driven by savings-investment imbalances.…
Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal | Inflation
Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since…
Wellington homes taking longer to sell than at any point since 1992 – Stuff
Wellington homes taking longer to sell than at any point since 1992 StuffHousing market ‘settled’ – except in our…