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The escalating tension between China and the United States has the potential to create a significant rift among nations (“China warns US of ‘increasing tensions’ at trilateral summit,” Aug.19, Gulf...
Global stocks wavered Wednesday on strong industrial production data from the US and eurozone, while concerns about the Chinese economy and a further Fed rate hike persisted. Wall Street stocks...
Decline in consumer prices and in producer prices for July has put China on the deflation track, and it has raised fears among Western market watchers that China, the second...
Global factory activity took a further turn for the worse in July, private surveys showed on Tuesday, a sign slowing growth and weakness in China were taking a toll on...
World shares hit a 15-month high and the euro climbed on Thursday as the European Central Bank followed its US counterpart, the Federal Reserve, and delivered another widely-expected interest rate...
Global shares and US yields edged lower on Wednesday as markets braced for what is expected to be the Federal Reserve’s 11th consecutive hike in interest rates aimed to reining...
The International Monetary Fund (IMF) on Tuesday raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were dampening the...
Current actions by Opec+ to support the oil market are sufficient for now, UAE Energy Minister Suhail Al Mazrouei said on Friday, and the group is “only a phone call...
World stock markets mainly rose on Friday as companies reported better-than-expected earnings and investors are hopeful easing US inflation means an end of rate hikes is near. The European single...
The International Monetary Fund (IMF) said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture,...
