Major global banks have revised their expectations for China’s monetary policy, now largely ruling out interest rate cuts for the year.The shift comes as recent economic data points to stabilisation in the world’s second-largest economy.Geopolitical tensions involving Iran appear to have had limited influence on China’s outlook.Earlier projections had pointed…
British construction firms witnessed an unprecedented rise in cost inflation in March, marking the sharpest month-on-month increase since records…
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a…
Euro zone inflation expectations are at risk of rising more quickly than in the past, and the European Central…
Every day the Strait of Hormuz stays closed, the global economy absorbs a cost that no military briefing fully…
Pakistan will repay a $3.5 billion loan to the United Arab Emirates this month, two government officials said, raising…
The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued…
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales,…
Rising grocery prices in the United States, driven by the ongoing Iran conflict, are emerging as a potential political…