Bank Indonesia Holds Steady as It Keeps Watchful Eye on Rupiah
Indonesia’s central bank kept interest rates unchanged Wednesday, assessing the impact of rupiah-support measures as currency risks flared again. Source
Economics
AI Cycle Set to Offset Energy Hit for Asia Economies
S&P raised its baseline projection for Asia’s 2026 gross domestic product growth to 4.6%, but noted that projections for strong
KB Home Cuts Margin Outlook as Housing Conditions Worsen
The home builder said it now expects annual gross profit margin to be 16.0% to 16.2%, down from its earlier
Fed’s Barkin Says One Rate Hike May Not Be Enough to Tame Inflation
Richmond Fed President Thomas Barkin warned that temporary shocks spurring inflation this year could drag on and new cost pressures
Eurozone Consumer Sentiment Knocked by Surging Energy Prices
The European Commission’s flash consumer-confidence indicator for the 21-nation currency area fell 1.0 point to minus 16.5 in September. Source
EU, Philippines Reach Breakthrough in Free-Trade Talks
The agreement comes as persistent geopolitical shocks and tariffs underscore the need to look for new trade partners. Source link
U.K. Government Borrowing Rose in August as Budget Looms
The U.K. government borrowed more in August than a year earlier, a setback for its plans to reduce its deficit
Trump Looks to Sideline Canadian Potash With Belarusian Supply Deal
President Trump is signaling a potential agreement to purchase lower-priced potash from Belarus, a move that could challenge Canadian exporters.
Harley-Davidson dealers are worried about sticker shock for its Canadian consumers
The U.S. motorcycle maker’s politically sensitive profile keeps it on the tariff payback list. Source link
Economists are raising estimates for a key indicator known as the neutral rate of interest—an elusive level where borrowing costs neither restrict nor stimulate growth
Economies around the world are showing surprising resilience to higher central bank-interest rates and government bond yields. Source link