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GLOBAL ECONOMY
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The ?IMF on ?Thursday said the global ?economy had weathered the energy ?shock caused by ?the war in ?the ?Middle East better than feared and global ?economic output was still expected to expand by ?about 3% in 2026, but it ?cauti...
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?New Zealand's ?manufacturing activity continued ?to expand in August, ?though at a ?slower ?pace ?than the previous month, as businesses ?cited cost-of-living pressures and the Middle ?East conflict as factors ?weighing on ?growt...
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apan's wholesale ?inflation ?remained elevated in August, data ?showed on Friday, highlighting mounting price pressures that cement ?the case for the central bank to raise interest rates this month.
The data follows ?recent haw...
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Japan's core consumer ?inflation ?likely held steady in ?August as the impact of higher oil prices ?from the Middle East conflict was offset by government subsidies, a ?Reuters poll showed on ?Friday.
Here are a few details:
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A global bond selloff pushed U.S. 10-year Treasury yields near the ?closely ?watched 5% level on Friday as inflationary fears stemming from ?oil prices surging well beyond $100 a barrel and rising odds of a near-term U.S. rate hik...
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Britain's economy grew at the fastest annual ?pace ?in 18 months in July, helped by ?a boost from artificial intelligence and extending a strong first-half performance despite headwinds from the ?U.S.-Iran war, official figures sh...
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French central ?bank ?chief Emmanuel Moulin ?said on Friday that France was ?not in catastrophic economic danger but the government must ?act to reduce the ?country's public deficit.
Moulin was speaking after ?INSEE ?revised it...
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Austria's central ?bank ?has trimmed its ?economic growth forecast for the country ?in 2026 due to a weaker-than-expected first six months ?of the year, but ?raised it for next year as ?the ?outlook is improving, it said on Friday...
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External Affairs Minister S Jaishankar on Friday called for more predictable business environments, resilient supply chains and diversified trade relationships across BRICS nations, saying the grouping’s economic strength would in...
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Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still relatively rare.
Filings for benefits dipped to 206,000 last week from a revised 207,000 t...
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Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated.
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US Treasury bond yields hit multi-year highs on Thursday and showed no signs of cooling off. The yield on the 10-year US Treasury bond trades over 4.93%, its highest level since October 2023, while the 30-year US Treasury bond tra...
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The European Central Bank delivered its second interest rate increase of the year on Thursday (September 10). It raised its benchmark deposit rate by 25 basis points to 2.50% as the Iran war fuelled inflation and renewed concerns ...
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