BCTT 2 Group 10
Oct 29, 20242 min read
Early data from South Korea, a global trade barometer, shows slowing export growth
Home to Samsung Electronics, one of the world’s biggest memory-chip makers, South Korea rode the wave of global demand for AI...
BCTT 2 Group 10
Oct 29, 20242 min read
China slashes key lending rates to bolster ailing economy
The bigger-than-expected rate cuts are aimed at reviving economic growth and halting a housing market crash. BEIJING – China cut its...
BCTT 2 Group 10
Oct 29, 20243 min read
Four Fed policymakers favour more rate cuts, but differ on pace
Strong retail sales and bigger-than-expected job growth in September have boosted speculation that the Fed could cut rates more slowly or...
BCTT 2 Group 10
Oct 29, 20242 min read
IMF predicts slightly slower global growth in 2024 and 2025
IMF chief economist Pierre-Olivier Gourinchas said the US is “very close” to achieving a soft landing – a rare feat in monetary policy....