UK markets await major press conference as finance minister’s future hangs in the balance
Prime Minister Liz Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.
UK’s Royal Mail reveals plans to cut up to 6,000 jobs by next summer
The news follows a summer of strikes by postal workers in the U.K.
UK cliff edge arrives as Bank of England prepares to end its emergency bond buying
The central bank’s emergency program draws to a close Friday, but traders remain on edge as volatility in the U.K. gilt market looks set to continue.
Europe is still quietly importing Russian nuclear energy
Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine
Russia looks to deprive Ukrainians of water and electricity as winter approaches
Ukraine is dealing with the aftermath of another day of missile attacks with power and water supplies damaged after Russia targeted energy infrastructure.
China’s consumer prices jump by the most in more than two years
China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said Friday.
The case for a ‘powerful rally’ in the stock market is building, MKM Partners says
While there is no way to precisely tell when a bottom is reached, several indicators suggest a counter-rally may be coming.
Singapore avoids recession as economy grows in third quarter, central bank tightens policy
Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter.
China is no longer just any emerging market — it has become its own beast
China is no longer just another emerging market play. The country is becoming its own beast — with all the risks and rewards that come with being a world power.
Xi wanted China to be at the tech frontier. 5 years on, tensions with the U.S. have dented that goal
In 2017, Xi Jinping spoke about China’s ambition in ‘frontier’ tech. Five years on, as the Communist Party’s 20th National Congress approaches, results are mixed.
