Economy

SYDNEY (Reuters) – The head of Australia’s central bank on Wednesday said the domestic economy was in a “challenging” situation…

By Xinghui Kok SINGAPORE (Reuters) – The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China,…

The numbers: U.S. mortgage rates rose for the sixth week in a row with the 30-year mortgage rate hitting its…

President Ferdinand Marcos Jr. has issued a directive to suspend the Implementing Rules and Regulations (IRR) of the Maharlika Investment…

With the release of the September CPI-W inflation number, the Social Security Administration announced that the COLA for 2024 will…

In the face of surging mortgage rates and high house prices, homebuyers are increasingly turning to adjustable-rate mortgage (ARM) deals.…

With the advent of generative artificial intelligence, AI-industry leaders have been candidly expressing their concerns about the power of the…

By Leika Kihara TOKYO (Reuters) – The Bank of Japan is expected to raise its inflation forecasts this month to…

The United Kingdom’s consumer price index (CPI) for September has risen by 6.7% year-on-year, matching the previous month’s increase and…

The UK’s inflation rate for September 2023 remained steady at 6.7%, contradicting earlier predictions of a dip to 6.6%, according…