Eurozone money supply continued to fall and bank lending remained weak in October amid tight monetary policy, data published by the European Central Bank showed Tuesday. The monetary aggregate M3 declined 1.0 percent on a yearly basis in October after a 1.2 percent fall in September. This was the fourth […]

Save articles for later Add articles to your saved list and come back to them any time. Growing up in a middle-class household, I assumed that the “normal” life pathway was to go to school, get good grades, get into a respected university, graduate find a great company and the […]

Thailand’s economic growth unexpectedly softened in the third quarter on falling government spending and weaker exports, the Office of the National Economic and Social Development Council said Monday. Gross domestic product grew 1.5 percent annually after rising 1.8 percent in the second quarter. The growth rate was forecast to improve […]

Save articles for later Add articles to your saved list and come back to them any time. The world economy has been kept afloat for a quarter of a century by serial bubbles. Each has masked the weakness of underlying growth. As successive bubbles pop, the economy fails to self-correct […]

Save articles for later Add articles to your saved list and come back to them any time. The Melbourne Cup rate hike might have surprised no one, but I hear constant shock when I tell people just how low they could make their mortgage repayments go. Despite the 13 interest […]

Euro area retail sales slump slowed in September as the deeper fall in the non-food segment was partially offset by the rebound in food sales, but the data cast doubt over the ability of household spending to contribute to economic output. Retail trade dropped 0.3 percent month-on-month in September, which […]

House prices in the UK rose in October, after falling for six months in a row and at a faster than expected pace despite the subdued market, results of a survey by the Lloyds Bank subsidiary Halifax and S&P Global showed Tuesday. The house price index rose 1.1 percent from […]

Save articles for later Add articles to your saved list and come back to them any time. Exchange-traded funds (ETFs) with catchy investment themes, particularly those centred on emerging technology such as artificial intelligence, should be approached with caution, investors are warned. ETFs have exploded in popularity over the past […]

China’s service sector growth improved in October but the rate of expansion remained muted as new business logged the weakest rise in ten months and firms were more cautious about the economic outlook, the latest Purchasing managers’ survey data from S&P Global showed on Friday. The headline Caixin services Purchasing […]

Ferrari N.V.’s (RACE) shares were gaining around 5 percent in Milan as well as on the NYSE after the Italian luxury sports carmaker raised its fiscal 2023 forecast after reporting higher third-quarter results. Net profit for the quarter was 332 million euros, up 45.7 percent from prior year’s 104 million […]