Banking‘Lacklustre’ German economy to stagnate again, warns central bankAugust 21, 202373The central bank said: “In particular, the ongoing high wage pressures could make it harder to press ahead with curbing...
BankingMore than £500m wiped off UK housebuilders as downturn deepensAugust 21, 202361China’s central bank cut a key interest rate but kept another on hold in a move that has confused economists...
EconomyFasten your seatbelts – the global economy is heading for turbulenceAugust 20, 202358How markets will cope with this is unclear. It has already prompted the question of what constitutes a risk-free asset?...
EconomyBiden’s back-firing rhetoric on China’s economic sluggishness…August 20, 202364In an astonishing display of rhetorical hubris, US President Joe Biden recently unleashed a fusillade of criticism aimed squarely at China,...
EconomyGermany must pull away from China, top economic adviser warnsAugust 19, 202360“It’s not good enough just to have leather seats that German CEOs like to have anymore.“It’s a new generation of...
EconomyFTSE 100 nears nine-month low after retail sales hit by wet weatherAugust 18, 202377The FTSE 100 neared its lowest level in nine months after gloomy retail sales posted earlier on Friday.Britain’s blue-chip index...
EconomyChina plots retaliation against US investment banAugust 17, 202388China is considering mounting a response to the latest wave of US sanctions that restrict investments by US venture capital...
BankingBritain facing ‘very real risk’ of recession – latest updatesAugust 16, 2023705 things to start your day 1) Decaying Oxford St risks becoming blueprint for Britain’s high streets, retail chiefs warn |...
Stock MarketUS inflation rises for first time in 13 monthsAugust 10, 202356Wilko, the high street discount chain, has plunged into administration, putting 12,000 jobs at risk after it failed to secure...
Stock MarketGas prices surge as Australian workers vote to strikeAugust 9, 202362China has slipped into deflation as the world’s second-largest economy struggles to revive demand after years of zero-Covid policies.The consumer...