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Economy
Germany’s Property Market Sees 70% Decline in Sales
Germany's Property Market Sees 70% Decline in Sales
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Foreign Investment Decline: Foreign buyers accounted for only 35% of Q1 commercial real estate…
China’s Anti-Dumping Probe Targets US, EU, Taiwan, Japan
China's Anti-Dumping Probe Targets US, EU, Taiwan, Japan
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China's Anti-Dumping Probe: China investigates polyoxymethylene copolymer imports from the…
China To Maintain Lending Rates, Eyes Mortgage Rate Cut
China To Maintain Lending Rates, Eyes Mortgage Rate Cut
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LPR Stability: China should keep the one-year LPR at 3.45% and the five-year LPR at 3.95%.…
2% GDP Contraction Hits Japan in Early 2024
2% GDP Contraction Hits Japan in Early 2024
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Sharp GDP Decline: Japan's GDP unexpectedly fell by 2.0% in Q1 2024, exceeding economists' forecasts…
China Holds MLF Rate at 2.50%, Eyes Economic Stability
China Holds MLF Rate at 2.50%, Eyes Economic Stability
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PBOC Holds MLF Rate: Kept at 2.50% to stabilise currency amid economic challenges;…
Inflation Trends: Fed’s Rate Cut Threshold for 2023
Inflation Trends: Fed's Rate Cut Threshold for 2023
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Inflation Dependency: Rate cuts hinge on inflation trending towards a 2% target; ISI Evercore…
Expected 0.3% CPI Increase Hints at Inflation Slowdown
Expected 0.3% CPI Increase Hints at Inflation Slowdown
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Core CPI Expected to Moderate: Anticipated 0.3% rise month-on-month, possibly marking the…
U.K. Exits Recession with 0.6% Growth, Beats Forecasts
U.K. Exits Recession with 0.6% Growth, Beats Forecasts
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U.K. economy grew by 0.6% in Q1, exceeding economist predictions and signalling a recovery…
BP Softens 2030 Oil Reduction Goals Amid Strategy Shift
BP Softens 2030 Oil Reduction Goals Amid Strategy Shift
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Strategy Shift: BP moderates 2030 oil and gas reduction target.
Investor Focus: Emphasis…
Australia’s RBA Maintains 4.35% Rate; Inflation Still a Risk
Australia's RBA Maintains 4.35% Rate; Inflation Still a Risk
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Maintained at 4.35%, marking the sixth consecutive month without change, reflecting a…
Fed Holds Rates at 5.25-5.50%, Battles to Hit 2% Inflation
Fed Holds Rates at 5.25-5.50%, Battles to Hit 2% Inflation
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Fed maintains rates at 5.25%-5.50%, focusing on combating inflation despite economic…
Biden Administration’s Major Step in Student Loan Relief
Biden Administration's Major Step in Student Loan Relief
$6.1 Billion Approved: Nearly 317,000 borrowers of the Art Institute benefit from debt relief for the…
China’s April Economic Slowdown: PMI Drops to 50.4
China's April Economic Slowdown: PMI Drops to 50.4
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Economic Slowdown: China's manufacturing and services sectors show signs of deceleration in…
Argentina’s Inflation Dips Below 10% Amid Austerity
Argentina's Inflation Dips Below 10% Amid Austerity
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Inflation Trends: Expected to drop 10% below in April, signalling a possible stabilisation from…
Russia Maintains 16% Interest Rate as Inflation Eases Slowly
Russia Maintains 16% Interest Rate as Inflation Eases Slowly
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Interest Rate Stable: Russia's central bank maintained its key interest rate at 16% amid…
Diverse Sectoral Growth Bolsters South Korea’s Economy
Diverse Sectoral Growth Bolsters South Korea's Economy
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South Korea's economy grew by 1.3% in Q1 2023, surpassing forecasts.
Significant sectoral…
India’s Economic Growth Vs. Unemployment Dilemma
India's Economic Growth Vs. Unemployment Dilemma
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Despite a GDP growth of 8.4% last quarter, India's unemployment rate has barely improved, moving…
Housing Expenses Rise by Up to 12% After ECB Rate Increases
Housing Expenses Rise by Up to 12% After ECB Rate Increases
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ECB rate hikes since July 2022 raised housing expenses; homeowners +6%, renters +9%,…
Germany’s Economic Revival: Key Insights from Scholz
Germany's Economic Revival: Key Insights from Scholz
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Chancellor Scholz remains optimistic about Germany's economy, citing strong employment and…
Japan’s Inflation Eases: Economic Shifts in March 2024
Japan's Inflation Eases: Economic Shifts in March 2024
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March CPI Increase: The core consumer price index rose 2.6% year-over-year, down from…