Browsing: markets

BEIJING: The head of the International Monetary Fund on Sunday called on China to implement “a comprehensive package of pro-market reforms” to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment.

Retail sales dropped by 0.3% in January from a healthy 0.9% jump in December which was led by holiday season sales, Statistics Canada said

In a preliminary report, the Finance Ministry said that Kuwait stayed in black ink with Japan for 16 years and one month

Russia’s First Deputy Minister of Energy Pavel Sorokin said earlier that Russia may reduce oil refining in 2024, but due to these volumes, oil supplies for export will increase

Azerbaijan is a flourishing market and is not re-exporting vehicles to the sanctioned country, a British motoring group has claimed

The divestment is reportedly expected to boost the balance sheet of the crisis-hit aerospace multinational

Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its 2024/2025 state budget, a finance ministry statement said on Tuesday citing Finance Minister Mohamed Mait.

Nearly half of residents worry about monthly expenses, survey says — here’s what’s hitting their wallets the hardest

TOKYO: The Bank of Japan ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from a focus of reflating growth with decades of massive monetary stimulus, according to Reuters.

RIYADH: Annual inflation in Dubai experienced a modest decrease in February, marking a deceleration to 3.36 percent from January’s rate of 3.6 percent, according to official data.