Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
India's jobless rate falls to 5.1% in July as rural hiring picks up
India's unemployment rate fell to 5.1% in July, below the 5.4% expected, as rural joblessness eased. Labor-force participation also rose, si
China's July data disappoints, but Beijing signals more support
China's July economic data came in soft, with retail sales up just 0.6% and industrial output growth slowing to 4.5%. The government is sign
Asia's data-heavy week puts central bank rate paths in focus
Asia's biggest economies are releasing a wave of growth and inflation data. Investors are parsing Japan's GDP, China's loan prime rate, and
China's steel output hits six-month low as demand and profits weaken
China's steel mills produced 76.93 million metric tons in July, down 8.1% from June, as demand cooled and profits thinned. Only about a thir
Thailand's Q2 growth beats forecasts but economy still shrinks
Thailand's economy grew faster than expected in the second quarter, but still contracted from the previous three months. High household debt
Japan's Nikkei slips as growth disappoints and bond yields climb
Japan's economy expanded at a 1.1% annualized pace in the second quarter, missing forecasts, while Middle East tensions kept oil prices high
China stocks edge up as money supply grows despite cooling credit
China's stocks opened slightly higher after data showed money supply still expanding and a wider current account surplus, even as July credi
New Zealand services growth stalls as hiring keeps shrinking
New Zealand's services sector stayed in growth in July, but only barely. The PSI edged down to 50.6, while hiring and supplier deliveries bo
Japan's economy slows as consumer spending stalls in Q2
Japan's economy grew at a 1.1% annualized pace in April–June, but the details were softer than expected. Household spending was flat and bus
UK hiring stays subdued as pay growth holds at 3%, CIPD finds
UK employers are keeping hiring plans near post-pandemic lows even as expected pay rises hold at 3%, according to a new CIPD survey. The 'lo
US retail sales fall 0.6% in July as consumer sentiment hits 51.0
July retail sales fell 0.6% versus expectations of a 0.1% gain, and August consumer sentiment dropped to 51.0. The data points to a slowing
Canada's wholesale sales climb 2.8% in June to C$92.5B
Canadian wholesale sales rose 2.8% in June to C$92.5 billion, the fourth gain in five months. Volumes hit a record high and the inventory-to