China Slides Into Deflation as Consumer, Producer Prices Decline
China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure
2023-08-09 09:56
China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
2023-08-08 10:54
Pakistan to Call Elections This Week After Imran Khan Jailed
Pakistan Prime Minister Shehbaz Sharif is set to dissolve parliament days before his term expires at the end
2023-08-07 17:25
German Industrial Woes Endure as Output Drops to 6-Month Low
German industrial production fell for a second month in June, further holding back Europe’s biggest economy after it
2023-08-07 15:55
Argentina’s Bullrich Would Remove FX Controls With IMF Help
Argentina’s presidential hopeful Patricia Bullrich would seek greater support from the International Monetary Fund to untangle currency controls
2023-08-04 22:58
Ethiopia’s Eurobond Under Pressure as Coupon Looms
Ethiopia’s dollar bonds are under pressure amid concerns over the nation’s debt profile, with a long-awaited loan from
2023-08-04 19:23
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:49
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:23
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:17
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:49
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:22