ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
Goldman Sachs cuts US recession odds to 15%
Goldman Sachs has lowered the likelihood of a US recession in the next 12 months from 20 per cent to 15 per cent…
WB signs $200m loan to support Sri Lanka’s economy
World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
German manufacturing orders drop in August ’24
German manufacturing experienced a significant decline in real new orders, falling by 5.8 per cent in August 2024…
Indonesia’s c. bank intervenes to support weakening rupiah
Indonesia's central bank, Bank Indonesia (BI), is taking steps to bolster the rupiah, which is experiencing its…
German retail sector down in September ’24
The German retail sector faced a setback in September, with the ifo Business Climate index declining to -25.6…
S. Korea imported passenger vehicles up 11.6% in Sep. ’24
The South Korea Automobile Importers and Distributors Association (KAIDA) reported 24,839 newly registered imported…
Iron ore rises on China stimulus speculation
Iron ore prices rose nearly 3 per cent in Singapore, marking a continuation of strong gains following an 18 per…
UK house prices rise 0.3% in September – Halifax
UK house prices rose by 0.3 per cent in September, maintaining the increase seen in August brought the average…
Vietnam’s industrial production surges in Sep. ’24
Vietnam's industrial production index surged by an estimated 10.8 per cent in September 2024 compared to the same…