Hong Kong’s Economy Expands at Strongest Pace in Nearly Five Years
Advance data, marking the first economic print since the war broke out, showed that the city’s gross domestic product rose
Economics
Swiss Inflation Climbs to Highest Since 2024 as Energy Prices Surge
Consumer prices were up 0.6% on year, higher than the 0.3% inflation rate in March, as the Iran war sent
Australia’s Central Bank Raises Rates for Third Straight Meeting
The Reserve Bank of Australia delivered its third consecutive interest-rate increase, citing a deteriorating inflation outlook and warning of “plausible”
ECB Could Hike Rates in June Should Inflation Outlook Not Improve, Nagel Says
The longer the Iran war persists, the greater the risk that inflation will remain elevated if monetary policy fails to
EU Trade Chief to Meet U.S.’s Greer in Paris
The meeting—planned for Tuesday—comes after Trump said he would raise tariffs on cars from the bloc. Source link
Asia Manufacturing Sector Feeling Strain From Middle East Conflict
Gauges of factory activity showed more evidence of supply-chain disruptions from the war, with stockpiling buoying production as cost pressures
One of the major surprises about the closure of the Strait of Hormuz is how resilient much of the world's economy has been so far
In the two months since the Strait of Hormuz was closed, many of the world’s major economies have been soldiering
Heard on the Street: The jump in home foreclosures is an early sign of fallout after the Trump administration tightened rules for borrowers seeking federal mortgage subsidies
The jump in home foreclosures is an early sign of fallout after the Trump administration tightened rules for borrowers seeking
Jerome Powell didn’t want to remain on the Fed’s board after his term as chair ended. He concluded he had no choice as President Trump’s legal challenges threatened to change how the Fed operates.
The departing Fed chair didn’t want to remain on the board. He concluded he had no choice as President Trump’s
A mammoth economic stimulus passed last year in Germany was meant to jolt the country—and Europe—out of its economic slumber. The problem: Germans just aren’t good at spending money.
While much of the rest of the developed world is swimming in too much debt, Germany is having trouble using