Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
Zimbabwe's state railway seeks $115M Afreximbank loan for new trains
Zimbabwe's National Railways of Zimbabwe is negotiating a $115 million loan from Afreximbank to buy new locomotives and wagons. The move com
Bank of England holds rates at 3.75% but signals possible hike
The Bank of England held its key interest rate at 3.75%, but the vote was split and officials signaled they are ready to hike again. The cen
Thailand holds rates at 1% as central bank calls policy 'very accommodative'
Thailand's central bank held its key interest rate at 1% for a third straight meeting, saying policy remains 'very, very accommodative' amid
UK productivity growth looks stronger under new ONS measuring method
The ONS says a new method shows UK productivity grew faster than previously thought, at 1.3% a year from 1997 to 2024. The change comes from
Taiwan Holds Rates at 2% as AI Boom Fuels Growth Forecast
Taiwan's central bank held its benchmark rate at 2% as AI-driven demand powers the economy. It lifted its 2026 growth forecast to 11.48% and
Switzerland raises 2026 growth forecast after strong Q2
Switzerland's economics secretariat now expects 1.7% GDP growth in 2026, up from a previous forecast, after an exceptionally strong second q
Axis Bank sees rupee sliding to 97 per dollar by year-end
Axis Bank expects the rupee to fall further, targeting 97 per dollar by year-end. Higher oil prices and weaker AI-driven productivity gains
Italy's Road Tax Repeal Costs €2B as Meloni Rules Out Early Vote
Italy's government has confirmed it will repeal road tax for 14.5 million cars and motorcycles from next year, a move priced at over €2 bill
New Zealand job ads edge higher in August as AI skills demand surges
New Zealand's job market showed modest gains in August, with Seek reporting a 0.6% monthly rise in job ads and a 9.7% annual increase. AI sk
IMF warns RBA may need more rate hikes as inflation stays sticky
The IMF warns the Reserve Bank of Australia may need to hike rates again as inflation stays sticky and energy prices pose risks. Markets now
New Zealand GDP grows 0.2% in June quarter, beating forecasts
New Zealand's GDP rose 0.2% in the June quarter, beating both market and central bank forecasts. Construction led gains, while transport dra
Bank of Canada holds rates at 2.25% but flags multiple hikes ahead
The Bank of Canada kept its policy rate at 2.25% but minutes reveal officials are prepared to hike multiple times if energy and trade costs