US ties easing of Venezuela oil sanctions to fair elections
The United States will not renew a temporary licence that eases sanctions on Venezuela’s oil and gas sector unless progress…
Category: Economy
Bank Indonesia steps in to support weaker rupiah
Bank Indonesia stepped in to support the rupiah after the currency weakened past 16,000 per US dollar for the first…
China’s Q1 GDP growth solid but March data shows feeble demand
BEIJING: China's economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try…
Canada to unveil budget as experts doubt financial targets
OTTAWA: Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or raise taxes when she…
A China EV trade war will be self-defeating for carmakers
A nasty thing about waging war is that your enemies have a habit of fighting back.
UK wage growth slows slightly as Bank of England mulls rate cuts
LONDON: British core wage growth slowed again, posting its weakest rise since the three months to September 2022 but remained…
Australian consumer confidence slumps in April
Australia’s consumer confidence declined in April as persistent inflation and interest rates at a 12-year high continued to squeeze households,…
Japan warns off excessive volatility as yen slides further
Japanese Finance Minister Shunichi Suzuki says authorities won’t rule out any options in dealing with excessive yen moves, repeating his…
South Africa avoids European Union for a year on trade summit
South Africa has spent more than a year frustrating its biggest trade partner and largest foreign investor, the European Union…