World economy
- Europe
European markets set for lower open ahead of UK inflation data, U.S. Fed rate decision
A market stall in the Kingston district of London in 2024. Bloomberg | Bloomberg | Getty Images LONDON — European…
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European stocks higher with central bank decisions in focus; Commerzbank shares hit 12-year high
Tourists are visiting the center of Munich in Munich, Germany, on July 21, 2024. Nurphoto | Getty Images LONDON —…
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China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
Staff members counting RMB cash deposited by customers in China’s Nantong city. Cfoto | Future Publishing | Getty Images The world’s…
Read More » - Europe
European Central Bank set to cut interest rates just days before the Fed’s big decision
Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March…
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China raising its retirement age may be unpopular but it’s much needed, analysts say
Elderly people are relaxing at a park in Fuyang, China, on January 15, 2024. (Photo by Costfoto/NurPhoto via Getty Images)…
Read More » - Europe
It’s a big week for central banks around the world, with a slew of rate moves on the table
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William…
Read More » - U.S. News
What’s stalling China’s stock market recovery, according to KraneShares’ CIO
China’s slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland’s two largest indexes —…
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Nationwide strikes erupt in Israel as hostage deaths kindle pressure for cease-fire deal
Demonstrators lift flags and placards during a protest calling for the release of Israelis held hostage by Palestinian militants in…
Read More » - Entrepreneurs
‘There’s no sign of any rain coming to us’: Europe’s extreme weather risks smaller harvests and higher prices
British farmers have warned that the country’s hot and dry conditions will inevitably lead to smaller harvests this year. Planet…
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‘The system is rusty’: Qantas CEO defends industry as airlines cancel thousands of flights
Air travel is roaring back, but not without some significant hiccups. Particularly in North America and Europe, travelers have described…
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