US Fed remains on pause and notes ‘some further progress’ on inflation
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had...
Monday, November 25, 2024
Economy
European airport traffic returns to pre-Covid levels
Paris (AFP) - Passenger traffic at European airports returned to pre-Covid levels in the first half of the year as...
Eurozone inflation unexpectedly rises in July
Brussels (Belgium) (AFP) - The eurozone's annual inflation rate unexpectedly edged up in July due to rising energy costs, official...
Bank of Japan raises interest rate for second time in 17 years
Tokyo (AFP) - The Bank of Japan further unwound its massive monetary easing programme on Wednesday by hiking interest rates...
Samsung Electronics Q2 shows fastest growth in over a decade
Seoul (AFP) - Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter,...
German economy unexpectedly shrinks in second quarter
Frankfurt (Germany) (AFP) - The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling further behind...
Ethiopia gets IMF relief after easing forex curbs
Addis Ababa (AFP) - Cash-strapped Ethiopia eased foreign exchange curbs on Monday as part of a broad economic reform package...
Ethiopia currency slides as central bank eases forex curbs
Addis Ababa (AFP) - Ethiopia's central bank announced on Monday that it was easing curbs on its foreign exchange regime,...
US Fed could open the door to a September rate cut this week
Washington (AFP) - The US Federal Reserve may signal this week that interest rate cuts are on the way --...
Defying downturn, auction houses bid high on Hong Kong
Hong Kong (AFP) - Three of the world's top auction houses are racing to expand in Hong Kong, eager to...
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