According to a preliminary survey released on Friday, the decline in German business activity widened in September as higher energy costs hit the continent's biggest economy and companies experienced a decline in new business.   The manufacturing and service sectors, which together make up...

According to a note published on Friday by BofA Global Research, investor sentiment has reached its lowest level since the financial crisis, and global government bond losses are on track to have their worst year since 1949.   The world's most active trades, including bets on the dollar that...

The Bank of Japan fought against a global tide of monetary tightening by central banks fighting to control skyrocketing inflation by maintaining ultra-low interest rates on Thursday and vowed to maintain them there to support economic growth.   The decision was made after the U.S. Federal...

As the US central bank increased interest rates by 0.75 per cent for the third time in a row and hinted that borrowing costs would continue to rise this year, Federal Reserve Chair Jerome Powell vowed that he and his fellow policymakers would "keep at" their fight to contain inflation....

A record 3.58 million bpd less oil than it should be is being produced by OPEC+. According to Reuters, who used data from the group of oil-producing nations, that amounts to around 3.5% of the world's consumption. The supply shortfall of OPEC+, which results from its members' record-low daily...

As price pressure from raw materials and yen weakness widened, Japan's core consumer inflation accelerated to 2.8 per cent in August, reaching its fastest annual pace in almost eight years and exceeding the central bank's 2 per cent target for a fifth straight month.   Even though many still...

Distribution of 3.49 trillion yen (24.35 billion yen) from the reserve fund for the current fiscal year, which started on April 1, has been approved by the government of Japan in order to help the populace amid rising food and gasoline prices. The NHK news channel reports that the solutions include...

Global trade indicator companies such as FedEx and Cathay Pacific Airways have cast a pall over the year-end holiday shopping season, pointing to weaker-than-expected consumer demand rather than a Christmas bonanza.   The bleak outlook comes as consumers around the world struggle...

The Chinese economy exhibited unexpected resilience in August, with faster-than-expected growth in factory output and retail sales bolstering a fragile recovery, but a deepening property slump weighed on the outlook.   The better-than-expected figures indicate that the world's second-largest...