UK Labour to seek economic growth of 2.5%
Keir Starmer, who polls show is on course to be Britain’s next prime minister, says his Labour Party would target…
Economy
Bond traders bet on 300 bps of Fed cuts by March
Traders in the US rates options market are embracing a nascent wager on the Federal Reserve’s (Fed) interest rate path:…
Faster inflation raises risk of RBA rate hike
Australia’s inflation accelerated faster than expected for a third straight month in May, sending the currency higher as traders boosted…
‘Crazy’ to intervene on yen before PCE data
The next big pain point for the yen – and a potential trigger for intervention from Japan – may emerge…
China hits back at EV allegations
China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations…
China: Decoupling will lead to ‘destructive spiral’
Chinese Premier Li Qiang warned of negative consequences for the world if nations parted ways economically, while hitting back at…
South Korea to delay start of stricter rules on household loans
The financial regulator says that the planned implementation of stricter rules on household loans will be postponed until the start…
Governor: BoC can beat inflation without unemployment spike
Bank of Canada (BoC) governor Tiff Macklem says the country’s economy is headed for a soft landing, suggesting the central…
Thai economy to grow at potential rate by early 2025, c.bank says
BANGKOK: Thailand's economy is expected to grow at its potential rate by late this year or early in 2025, while…