Malaysia posts fastest economic growth in over a year, outlook clouded

Malaysia grew 14.2% y/y in Q3, beating forecasts The central bank expects growth in 2022 to…

Bank of England makes historic rate hike despite ‘very challenging’ outlook

By David Milliken and Andy Bruce LONDON, Nov 3 (Reuters) – The Bank of England raised…

New PM Rishi Sunak pledges to lead Britain out of economic crisis

Sunak will meet King Charles on Tuesday morning He promises to restore confidence in the country…

Dollar falls against yen, markets suspect intervention

TOKYO, Oct. 21 (Reuters) – The battered yen jumped against the dollar on Friday, sparking speculation…

Analysis: Money market woes cast shadow over $1.6 trln UK commercial property sector

Borrowing costs will skyrocket over the next 5 years Some companies are already scrapping fundraising plans…

Japan’s inflation hits 8-year high in test of BOJ’s dovish policy

September core CPI up 3.0% yoy, in line with forecasts Core consumer inflation remains above BOJ…

U.S. existing home sales slide again in September; jobless claims fall

20 October (Reuters) – US existing home sales fell for the eighth straight month in September…

Evans: Rates moving too high could have ‘nonlinear’ impact on US economy

CHARLOTTESVILLE, Va., Oct 19 (Reuters) – Excessively high interest rates could have a “non-linear” impact on…

U.S. to release oil reserves as Biden tackles high pump prices

WASHINGTON, Oct 19 (Reuters) – US President Joe Biden on Wednesday announced a plan to sell…

Brazil’s economy seen in soft landing as private spending cools

BUENOS AIRES, Oct 17 (Reuters) – Brazil’s economy is on a soft landing as consumers tighten…