Charting the Global Economy: Cash crunch in India, China losing momentumChina’s industrial output, retail sales and fixed investment grew at a much slower pace than expected in April. A major worry was the jump ...
Charting the global economy: Fed, ECB policies may divergeThe Fed chief said there was strong support for raising rates by 25 basis points. But he suggested officials may pause their tightening cam...
Charting the global economy: IMF trims 2023 growth projectionsIMF has predicted that the global growth will slow down in 2023, more than its previously forecast.
Charting the Global Economy: A surprise from the US & transportation costs easeWhile China set modest expectations for economic growth this year, the US labor market showed signs of growth whereas Swiss inflation accel...
Charting the global economy: Shipping rates stabilize, Europe's core inflation hits a recordIn the US, robust hiring and a cooling in wage growth raised hopes that the Federal Reserve can tame inflation without triggering a surge i...
Economic gloom to deepen? OECD raises inflation forecastThe organization boosted its 2023 inflation estimates and said it expects price increases the following year will remain above the targets ...
A miserable year for the global economy, but things can get worseThe UK program represents the sharpest retrenchment in government spending since the austerity budgets set out after the global financial c...
Charting the global economy: China’s growth stalls, Europe slips towards recessionChina is battling a worsening property downturn as well as sluggish retail sales and rising youth unemployment.
Shanghai port rebounds as lockdown loosens but backlog remainsAs firms reopen there will be a rush to purchase raw materials, and then a flood of finished goods leaving factories as companies try to ma...
Ties that bind the global economy are unraveling at a frightening paceRussia’s gross domestic product rose at a slower pace in the first quarter, hindered by the initial impact of sanctions, and its central ba...
Bitcoin swings as China regulators punish company over cryptoBitcoin has been stuck in a range of about $30,000 to $40,000 for weeks after dropping from its record near $65,000 reached in mid-April.
First warning sign in the global commodity boom flashes in ChinaA lag between the withdrawal of credit and stimulus from the economy and its impact on China’s raw material purchases may mean that markets...
India-China border mechanism talks concluded on positive noteIndia and China today agreed that peace and tranquility on the border are key for expansion of bilateral ties as their senior officials hel...