Investing.com — UBS economists expect the Federal Reserve to deliver the next interest rate cut in June, by 25 basis points (bps), followed by another one in September. The Fed slashed interest rates ...
By Karin Strohecker LONDON () – Some World Bank staff have criticised an assessment of Ethiopia’s finances conducted with the International Monetary Fund, questioning whether the analysis that underpi...
() -Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to elec...
PARIS () – France’s new government will not be announced before Monday evening to take into account a day of mourning for cyclone-hit Mayotte, the presidency said in a statement, prolonging the politi...
By David Lawder WASHINGTON () – The Biden administration on Monday announced a last-minute trade investigation into Chinese-made “legacy” semiconductors that could heap more U.S. tariffs on chips from...
By Simon Robinson () – Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up in prices for everything from eggs to energy over the past few...
TAIPEI () – Taiwan’s cabinet warned on Monday the island’s security might be at risk after opposition parties passed laws that will require cuts in government spending, including defence, at a time wh...
By Ankur Banerjee SINGAPORE () -The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about the pace of U.S. rate cuts next year, while t...
() – European Central Bank (ECB) President Christine Lagarde said the euro zone was getting “very close” to reaching the central bank’s medium-term inflation goal, according to an interview published ...
SYDNEY () -Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a governme...
SYDNEY () – Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a governm...
By Mark John () – No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025. In 2024, the world’s central b...
