On Tuesday, China announced its largest-ever reduction in the benchmark mortgage rate. Authorities took this step to support the country’s struggling property market and economy.The 25-basis-point…
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At the end of last year, Japan unexpectedly entered a recession. It lost its position as the world’s third-largest economy to Germany. This development raised questions…
On Tuesday, oil prices experienced a slight increase due to concerns about potential disruptions in the Middle East that could affect the oil supply. However, gains…
On Tuesday, a workers’ union reported that ANZ Group (ANZ.AX), Australia’s fourth-largest bank, has announced plans to cut 170 jobs at its commercial banking operations. Australian…
On Monday, New Zealand’s top central banker asserted that the inflation challenge persists. He pointed to broad financial pressures as the reason for maintaining a “restrictive…
On Friday, Australia’s top central banker issued a warning, emphasizing that there was still a long way to go to meet the midpoint of the 2-3%…
On Wednesday, Canada’s main stock index closed slightly higher as industrial and technology shares rose. However, the upward movement was limited, anticipating the release of domestic…
The Office for National Statistics announced on Monday that Britain’s unemployment rate in late last year was much lower than previously thought. The re-weighted survey results,…
U.S. job growth is likely to have slowed slightly in January as a resilient economy and high worker productivity encouraged most businesses to keep their employees,…
Prior to next week’s elections, Pakistan’s caretaker administration is making binding plans for a new government to sell loss-making Pakistan International Airlines (PIAa.PSX), according to the…