RBNZ reports a rise in credit spending. Seasonally adjusted total billings in New Zealand were $4.5 billion in August-25. Annually, this was an increase of …
With the Autumn Budget set for 26 November, former UK chancellor Jeremy Hunt warned that Chancellor Rachel Reeves faces a “black hole” of up to …
China says it’ll introduce another new policy to boost consumption That link above is to a policy announcement made earlier this week. More detail now: …
Asian currencies held steady against the dollar in early trade, with National Australia Bank’s Rodrigo Catril noting that risk appetite may provide support. He said …
U.S. Treasury Secretary Scott Bessent said China’s yuan poses a greater challenge for Europe than for the U.S., noting the currency has weakened sharply against …
President Trump’s administration is considering a sweeping program to boost U.S. manufacturing, according to documents and people familiar with the talks says a Wall Street …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …