Economy
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Strikes at Britain’s Gatwick Airport could hit summer holidays
Workers at Britain’s No.2 airport Gatwick will strike for eight days at the end of July and in early August, potentially causing…
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Australia optimistic on global corporate tax talks at G20 in India
Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a…
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China exports slump 12.4 percent in June from a year earlier as global demand weakens
China’s exports tumbled 12.4 percent in June from a year earlier as demand weakened after central banks raised interest rates…
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US economic activity rises but growth seen slowing, Fed Beige Book shows
The US economy showed an overall increase in activity since late May, though most regions expect the pace of expansion to weaken,…
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Russia’s flagship crude oil surpasses G-7 price cap for first time
Russia’s flagship Urals crude oil has, for the first time, surpassed the price cap set by Group of Seven nations in an…
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Pakistan’s $3 billion bailout program approved by IMF board
The International Monetary Fund (IMF) said Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding…
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China exports tumble more than expected in June
Chinese exports tumbled more than expected in June, official data showed Thursday, putting fresh pressure on Beijing to unveil more stimulus…
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Chinese women economists called ‘traitors’ online for lunch meeting with Yellen
A group of Chinese female economists who met with US Treasury Secretary Janet Yellen over the weekend have been lambasted…
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Egypt’s annual urban consumer inflation rises to all-time high of 35.7 pct in June
Egypt’s annual urban consumer price inflation in June rose to a record 35.7 percent year-on-year from 32.7 percent in May,…
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China inflation flat in June as domestic demand slows, economy struggles
Chinese inflation was flat last month while producer prices sank more than expected, official data showed Monday, in the latest…
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