Emerging market bond rally comes under threat
NEW YORK: The balmy days of dovish monetary policy that fuelled a rally in emerging market bonds looks to be…
Category: Economy
Japan core machinery orders down in April
TOKYO: Japan’s core machinery orders fell in April for the first time in three months, government data showed yesterday, due…
UK inflation to hit 2% for first time in three years
LONDON: UK inflation is expected to fall to the Bank of England’s (BoE) target for the first time in almost…
China’s May industrial output misses forecasts, retail sales a bright spot
BEIJING: China's May industrial output lagged expectations with the property sector still weak, adding pressure on Beijing for policy support…
Right time to resume FTA talks with EU
PETALING JAYA: Malaysia is better positioned to negotiate a free trade agreement (FTA) with the European Union (EU) this time…
Pakistan to raise power prices in move to secure IMF loan
LAHORE: Pakistan is raising power prices by an average of 20% to bolster its chances of securing a new loan…
Nigerian inflation rises to 28-year high in May
ABUJA: Nigeria’s annual inflation rose to a new 28-year high of 33.95% in May, official data show, worsening hardships that…
Peru economy expands 5.28% in the first quarter
LIMA: Peru’s gross domestic product (GDP) in the first quarter expanded 5.28% in April from a year earlier, according to…
Bidenomics leaves behind an industrial heartland
NEW YORK: President Joe Biden’s trio of legislative packages designed to revive US manufacturing prowess is already helping regions from…