UK Economy Shows Modest Growth in November Amid Stagnation Concerns
In November 2024, the UK's economy experienced a modest growth of 0.1%, following two months of contraction.
Japan's Core Inflation Accelerates, Keeps BOJ Rate-hike Chance Alive
Japan's core inflation accelerated in November as rising food and fuel costs hit households, data showed on Friday, keeping the central bank under pressure to raise interest rates.
Brazil’s Real Hits All-Time Low as Spending Cuts Disappoint
A plan to cut government spending falls flat with investors.
German Finance Minister Proposes Rival Economy Plan, According to Reuters
Germany's finance minister is pushing for tax cuts and fiscal discipline in a position paper.
Thailand Reports 30 Percent Increase in Foreign Tourist Arrivals, Eyes 40 Million Tourists in 2025
Thailand’s tourism ministry revealed on Tuesday that the country has welcomed 26.6 million foreign tourists so far this year, marking a substantial 30% rise compared to the corresponding period in 2023.
OPEC+ Sees No Peak Oil Demand Long Term, Secretary General Says
OPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand.
The Fastest Declining Economies in the World in 2024
The global economy is experiencing critical economic challenges as growth is projected to slow to 2.6% in 2024 which is just above the recession threshold of 2.5%.
IMF Raises India’s 2025 GDP Growth Forecast by 30 bps to 6.8 Percent
The International Monetary Fund on April 16 raised India’s FY25 GDP growth forecast by 30 bps to 6.8%.
India & China Inflation Readings are Worlds Apart, India is Playing Catch-up after Covid: Moody's Analytics
Retail inflation outlook for Asia's two largest economies India and China is uncertain and currently 'worlds apart,' Moody's Analytics said in a report on Friday.
What's behind China's Gold-buying Spree?
For more than a year, China's central bank has been buying up large amounts of gold.
Japan’s $4 Trillion Offshore Funds Will Ignore First BoJ Hike
Japanese money is poised to stay offshore as the central bank creeps toward tighter policy, according to the latest Bloomberg Markets Live Pulse survey.
Philippines 2023 GDP Rises 5.6% YoY, Est. +5.5%
The news about the Philippines' 2023 healthy GDP growth despite numerous natural disasters and other challenges in the previous year, could potentially boost the country's stock market by creating a positive economic environment and attracting foreign investors.
Brazil Set to Join the Influential OPEC+ Oil Producers' Alliance
According to Brazilian Energy Minister Alexandre Silveira, Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world.
Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation
The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" International Cooperation Summit Forum in Beijing last week.