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...
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 ...
