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Newsroom · Macro & Economy

By Priya Raman

Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.

643 published stories
Canada's factory growth hits four-year high in July, PMI shows
Economy

Canada's factory growth hits four-year high in July, PMI shows

Canada's factories expanded at the fastest pace in over four years in July, according to the S&P Global manufacturing PMI. But tariffs and h

BP shifts focus from size to cash returns as liabilities weigh
Energy

BP shifts focus from size to cash returns as liabilities weigh

BP's CEO is resetting expectations, downplaying the 'super major' label as roughly $40 billion in liabilities and a spread-thin asset base d

RBC sees Canada's job market steadying as July report nears
Economy

RBC sees Canada's job market steadying as July report nears

RBC Economics expects Canada's July jobs report to show modest gains and steady unemployment, suggesting the labor market is stabilizing. Th

Saudi non-oil growth slows but stays solid as exports slip
Economy

Saudi non-oil growth slows but stays solid as exports slip

Saudi Arabia's non-oil private sector kept expanding in July, though at a slightly slower pace. The PMI fell to 53.1 from 53.3, with domesti

Bank of Korea signals more rate hikes after July move
Economy

Bank of Korea signals more rate hikes after July move

The Bank of Korea's July meeting minutes reveal officials see the first rate hike in 3-1/2 years as the start of a tightening cycle, not a o

GFM Services secures RM83.1m more Pengerang turnaround work
Energy

GFM Services secures RM83.1m more Pengerang turnaround work

GFM Services has secured another RM83.1 million in maintenance turnaround work at Malaysia's Pengerang Integrated Complex, bringing its tota

Italy's July budget surplus narrows to €13.4B as earnings season unfolds
Economy

Italy's July budget surplus narrows to €13.4B as earnings season unfolds

Italy's Treasury reported a €13.4 billion surplus for July, down from €14.1 billion a year earlier. Meanwhile, Stellantis and Salvatore Ferr

NZ consumer arrears hit lowest since 2021, but hardship cases rise
Economy

NZ consumer arrears hit lowest since 2021, but hardship cases rise

New Zealanders are falling behind on fewer bills, with consumer arrears at their lowest since 2021. But hardship cases are rising for person

Japan's economy minister pushes back on BOJ inflation warnings
Economy

Japan's economy minister pushes back on BOJ inflation warnings

Minoru Kiuchi pointed to June's 1.7% CPI rise, arguing inflation is still moderate. His comments contrast with the Bank of Japan's stronger

Australia's job ads rise 0.8% in July, signalling steady hiring demand
Economy

Australia's job ads rise 0.8% in July, signalling steady hiring demand

Australia's job ads rose 0.8% in July, with the ANZ-Indeed index climbing to 117.1. The increase suggests hiring demand remains resilient ev

Australian spending beats forecasts as EVs and travel lead the way
Economy

Australian spending beats forecasts as EVs and travel lead the way

Australian household spending rose 0.8% in June, well above the 0.2% forecast, led by new car purchases and travel. The resilience comes eve

Ireland's factory growth accelerates as hiring hits two-year high
Economy

Ireland's factory growth accelerates as hiring hits two-year high

Ireland's factories expanded for a 19th straight month in July, with AIB's PMI rising to 55.1. Hiring hit its fastest pace since May 2022, t