Saturday, July 5, 2025
Economy
Big rate cut was ‘appropriate’ first step: Fed official
Washington (AFP) - The US Federal Reserve's decision to cut interest rates by half a percentage-point was "an appropriate and...
EU launches WTO challenge against China dairy probe
Brussels (Belgium) (AFP) - The EU on Monday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of...
Angry French cognac makers see red over Chinese tariffs threat
Cognac (France) (AFP) - Frustrated cognac producers in southwestern France are growing increasingly anxious over the looming threat of Chinese...
UAE leader seeks to deepen ‘strategic’ ties in US visit during Mideast crisis
Dubai (AFP) - UAE President Sheikh Mohamed bin Zayed Al Nahyan is due Monday in Washington for a first official...
US Fed dissenter calls for ‘measured’ pace of rate cuts
Washington (AFP) - The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said...
Central banks face ‘difficult balancing act’: IMF chief
Washington (AFP) - Central banks face a "difficult balancing act" as they start lowering interest rates around the world in...
UK economic data delivers fresh blow to new govt
London (AFP) - UK state debt is as big as the country's economic output for the first time since the...
Bank of Japan leaves key interest rate unchanged
Tokyo (AFP) - The Bank of Japan left interest rates unchanged on Friday, but governor Kazuo Ueda said further hikes...
Japan inflation firms to 2.8% ahead of BoJ rate decision
Tokyo (AFP) - Japanese inflation rose slightly in August, with prices up 2. 8 percent year-on-year, official data showed Friday,...
EU chief announces $11 bn for nations hit by ‘heartbreaking’ floods
Wroclaw (Poland) (AFP) - European Commission President Ursula von der Leyen on Thursday announced 10 billion euros ($11 billion) in...
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