After agreeing to discuss a potential settlement, Beijing wants the EU to abandon its intentions to slap provisional duties on Chinese electric car imports by July 4, according to China's state-run Global Times.   By July 4, imports of electric vehicles (EVs) manufactured in China will be...

Data released on Friday revealed that while energy taxes caused Japan's core inflation to increase in May, an indicator that eliminates the impact of fuel decreased for the ninth consecutive month, making the central bank's choice over whether to hike interest rates more difficult.   The...

The Swiss National Bank (SNB), lowered the benchmark interest rate by 25 basis points, to 1.25% annually. This was in line with most analysts' predictions. The central bank lowered its rate in response to declining core inflation for the second week in a row,. "SNB will continue to closely...

With its shares rising more than one-third on their first trading day on Thursday, the Mexican restaurant chain Guzman Y Gomez delivered Australia's greatest initial public offering start in three years and sent a positive message about investor mood.   In contrast to a flat market overall,...

For the first time in over three years, headline inflation in the United Kingdom reached the Bank of England's objective of 2% on Wednesday morning.   However, the report did little more than bolster traders' doubts about the imminence of an interest rate decrease.   After registering...

Indian Prime Minister Narendra Modi has been talking boldly about turning India into a developed nation by 2047 for the past two years.   Now, all eyes will be on Modi and his coalition with the Bharatiya Janata Party to see if they can maintain the economic momentum and continue to enhance...

In accordance with market predictions, China kept benchmark lending rates constant at a monthly fixing on Thursday.   Even while there has been a surge in recent data indicating that further support is required to stabilise an uneven economic recovery, the consistent monthly LPR fixes...

The state-run Global Times newspaper reported on Wednesday that Chinese automakers have pushed Beijing to increase taxes on imported European gasoline-powered automobiles as retaliation for Brussels' move to impose restrictions on Chinese electric vehicle exports.   The article stated that...

Fed policymakers, encouraged by recent statistics, are carefully moving towards what most anticipate would be one or more interest rate cuts by the end of this year. They are waiting for more evidence that inflation is slowing down as well as any red flags from a robust labour market.   Fed...