Australia’s consumer sentiment falters in AugustEconomy

Australia’s consumer sentiment falters in August

Australia’s consumer sentiment tumbled in August as interest rate hikes combined with the surging prices weighed on the national mood.…

China’s trade surplus gains steam in JulyEconomy

China’s trade surplus gains steam in July

China’s surprisingly robust export growth in July boosted its trade surplus to another record. This upturn provided much-needed support to…

UK house prices grew at the slowest pace in JulyEconomy

UK house prices grew at the slowest pace in July

The United Kingdom’s house prices rose at the slowest pace in a year in July amid the further tightening of…

Manufacturing growth dragged by soaring pricesEconomy

Manufacturing growth dragged by soaring prices

Manufacturing growth across Asia and Europe struggled to mark a momentum in July amid soaring prices that have dampened demand.…

UK factory output eases to weakest since April 2021Economy

UK factory output eases to weakest since April 2021

The United Kingdom’s industrial output growth skidded to the slowest rate in more than a year in the three months…

Germany’s business confidence hits 2-year lowEconomy

Germany’s business confidence hits 2-year low

Germany’s business morale skidded to a two-year low in July amid high energy prices and looming gas shortages. The Ifo…

Eurozone’s June Inflation Hits a Record High of 8.60%Economy

Eurozone’s June Inflation Hits a Record High of 8.60%

Eurozone’s annual inflation notched a record high of 8.60% last month, matching the average market estimate. The elevated figure strengthens…

New Zealand’s inflation hits a 3-decade highEconomy

New Zealand’s inflation hits a 3-decade high

New Zealand’s inflation has surged unexpectedly to a three-decade high, raising prospects of sharper central bank interest rate hikes. The…

Japan wholesale prices renew a record high in JuneEconomy

Japan wholesale prices renew a record high in June

Japan’s annual producer price index surged 9.20% in June, surpassing the average market estimate of 8.80%. The upturn mainly benefitted…

China imposes fresh COVID-19 curbsEconomy

China imposes fresh COVID-19 curbs

China imposes fresh COVID-19 curbs on multiple cities, from business halts to lockdowns, to rein in new infections. The tough…