UK inflation falls by more than expected in October to 4.6%, lowest in two years
U.K. inflation fell sharply in October to a two-year low of 4.6% from 6.7% the previous month.
IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’
Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.
German housebuilding is collapsing — and could drag the economy down with it
German housebuilding is on the brink of collapse as construction is slowing, and the country’s broader economy could be negatively impacted, experts say.
‘Survival feels uncertain’: Palestinians in Gaza describe desperation under Israeli bombardment
Israel has significantly stepped up its ground invasion over recent days.
Taiwan’s opposition parties to decide on joint presidential ticket
The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections.
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China retail sales, industrial data grow faster than expected in October
China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.
Is the Great Resignation over? Why bosses are leaving at record rates
Over 1,400 CEOs have stepped down from their positions between January to September, marking an almost 50% rise from a year ago.
Japan’s economy shrinks far more than expected in third quarter
Japan’s economy shrank in the July-September period for the first time in four quarters, provisional government data showed Wednesday.
X, formerly Twitter, being ‘overrun by trolls and lunatics’ after Musk takeover, Wikipedia founder says
A war of words between the Wikipedia founder Jimmy Wales and Elon Musk goes back to last year.
