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 curbs on multiple cities, from business halts to lockdowns, to rein in new infections. The tough…
The Reserve Bank of Australia (RBA) hiked its official cash rate by 50 basis points during its July 2022 meeting.…
Swiss annual inflation surged to 3.40% in June, marking the highest level since October 1993. The upsurge is a result…
On June 27, Russia defaulted on its international bonds for the first time in more than a century. This news…
On Sunday, US President Joe Biden announced plans to raise $600.00 billion for the Group of Seven (G7)’s global infrastructure…
On Tuesday, Singapore announced a $1.08 billion support package to shield lower-income households from inflation and rising energy prices. Subsequently,…
Germany’s producer prices inflation soared to a record high in May, reflecting the effects of the Russia-Ukraine geopolitical crisis. The…
The United Kingdom’s unemployment rate rose in the three months to April, marking the first increase since 2020. The UK…
The British inflation shrank in April, with output declining across all major sectors, consolidating worries of a possible recession. The…
