China’s yuan dilemma deepens, currency gains squeeze exporters
A stronger yuan is raising costs for Chinese manufacturers already operating on thin margins, even as the EU and IMF argue that the…
Read MoreAustralia raises interest rates to 18-year high
A split policy decision highlights the Reserve Bank of Australia’s balancing act between persistent inflation and weakening household…
Read MoreWall Street slides as Intel plunges, Binance hacked, Fed leans toward hike
US stocks fell sharply on Friday. The Nasdaq dropped 2.9%, the S&P 500 1.8% and the Dow 1.1%, according to the WSJ, with Intel’s…
Read MoreGold reclaims $4,000 as oil retreat offers relief, but Fed risks persist
Bullion rebounds from a three-month low as energy prices ease, yet the outlook for US interest rates and persistent geopolitical risks…
Read MoreChina’s cenbank to monitor AI’s impact on inflation, monetary policy
People’s Bank of China Governor Pan Gongsheng says policymakers must prepare for AI’s uneven economic effects, as investment-driven…
Read MoreJapan’s weak yen fuels calls for faster interest-rate rises
Economist Koichi Hamada argues that the Bank of Japan should tighten monetary policy more aggressively as currency depreciation raises…
Read MoreBank of Japan signals cautious rate Normalisation as inflation nears 2% target
Governor Kazuo Ueda cites wage growth, tight labour markets and AI-driven demand as inflation risks, while warning that poorly calibrated…
Read MoreBangkok protests put IMF austerity advice under scrutiny
Campaigners urge the IMF and World Bank to prioritise climate finance, fairer taxation and social protection, while the Fund argues that…
Read MoreBank of America deploys 1,000 contractors to fix software flaws exposed by AI
Bank of America has hired 1,000 external contractors to help address software vulnerabilities identified with the assistance of advanced…
Read MoreIMF warns US growth strategy cannot resolve rising debt burden
The International Monetary Fund has warned that stronger economic growth alone will not be enough to rein in the United States’ widening…
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