Tuesday, July 1, 2025
Economy
Bank of England to finally cut interest rate?
London (AFP) - The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will...
US Fed’s Powell flags cuts ‘as soon as’ September
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged again on Wednesday, but signaled that it...
US Fed remains on pause and notes ‘some further progress’ on inflation
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had...
European airport traffic returns to pre-Covid levels
Paris (AFP) - Passenger traffic at European airports returned to pre-Covid levels in the first half of the year as...
Eurozone inflation unexpectedly rises in July
Brussels (Belgium) (AFP) - The eurozone's annual inflation rate unexpectedly edged up in July due to rising energy costs, official...
Bank of Japan raises interest rate for second time in 17 years
Tokyo (AFP) - The Bank of Japan further unwound its massive monetary easing programme on Wednesday by hiking interest rates...
Samsung Electronics Q2 shows fastest growth in over a decade
Seoul (AFP) - Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter,...
German economy unexpectedly shrinks in second quarter
Frankfurt (Germany) (AFP) - The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling further behind...
Ethiopia gets IMF relief after easing forex curbs
Addis Ababa (AFP) - Cash-strapped Ethiopia eased foreign exchange curbs on Monday as part of a broad economic reform package...
Ethiopia currency slides as central bank eases forex curbs
Addis Ababa (AFP) - Ethiopia's central bank announced on Monday that it was easing curbs on its foreign exchange regime,...
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