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International News
HSBC to lower prime lending rate in H. Kong
HSBC Holdings announced on Thursday that it will reduce its prime lending rate in Hong Kong by 12.5 basis points to…
Pakistan’s food exports surge in 1st 5m of FY 24-25
Pakistan's food exports in the first five months of the current fiscal year 2024-25 have risen by 19.60 per cent…
Wheat prices hit 5-m low amid supply surge
Wheat prices are experiencing their longest decline in over five months, driven by expectations of ample global…
Indian rupee weakens sharply amidst Fed concerns
The Indian rupee fell below 85 against the US dollar for the first time on Thursday following the Federal Reserve's…
Philippines posts wider BOP deficit in Nov. ’24
The Philippines recorded a balance of payments (BOP) deficit of $2.3 billion in November 2024.
Philippines c. bank cuts key policy rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) announced a 25-basis-point reduction in its key policy rate, according to its…
S. Korea faces economic slowdown – BOK
South Korea's economic growth rate is expected to drop to two per cent and could fall below one per cent by the…
German consumer sentiment sees modest recovery for ’25
German consumer sentiment improved slightly heading into 2025, with the GfK Consumer Climate indicator rising to…
BOJ keeps monetary policy unchanged
The Bank of Japan (BOJ) announced on Thursday that, by a majority vote of 8-1, it has set a guideline for money…
EU new car sales decline in Nov.
New car registrations in the EU dropped by 1.9 per cent in November 2024, with France leading the decline at 12.7…