Economy News

Economy

Survey Predicts Bank of England's Rate to Drop to 3.25% by April 2026 Amid Inflation Expectations

Market participants predict the Bank of England's interest rate will fall to 3.25% by April 2026, with inflation expected to decrease to 2.9% in early 2026. Quantitative tightening...

Economy

Beijing Unleashes New Property Market Stimulus: Easing Homebuying Rules to Revive Demand

Beijing has introduced measures to stimulate the property market by easing homebuying restrictions, including lifting purchase limits for households outside the Fifth Ring Road and...

Economy

BoE's Chief Economist Huw Pill Cautions on Rising Inflation Risks Despite Current Progress

BoE's Chief Economist Huw Pill warns of the risk of inflation becoming more persistent despite current disinflation progress, highlighting challenges in aligning interest rate cuts...

Economy

President Trump Attributes Stock Market Success to Tariffs, Warns of Economic Crisis Without Them

President Donald Trump credits tariffs for stock market gains and warns of a potential economic crisis without them, despite mixed market performance data showing some gains and lo...

Economy

Malaysia's Pahang Farmer Nabbed with Over 900kg of Illegally Harvested Musang King and D24 Durians

A farmer in Malaysia's Pahang was caught transporting over 900kg of illegally sourced Musang King and D24 durians from the Gunung Benum Forest Reserve. The durians, valued at RM5,0...

Economy

Federal Reserve Eyes September Rate Cut as Economic Indicators Signal Potential Recession

The Federal Reserve is considering a rate cut in September as U.S. economic indicators show signs of deterioration, with market expectations surging and Fed officials signaling rea...

Economy

Dragon Fruit Exports Face Steep Decline in June Amid Supply and Certification Challenges

Dragon fruit exports from Vietnam saw a significant decline in June due to supply constraints, unfavorable weather, and certification challenges, with China cutting purchases by 60...

Economy

Japan Swings to a Stunning ¥469.6B Trade Surplus in June, Marking a Dramatic Turnaround

Japan's trade balance swung to a ¥469.6 billion surplus in June, a notable recovery from May's deficit. Exports and imports both declined year-on-year, highlighting shifting trade ...