China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. The disappointing data released Monday by the National Bureau of Statistics underscores the mounting challenges facing the world’s second-largest economy as it struggles to reignite growth momentum. One […]

Turkey’s central bank delivered a measured 250 basis point reduction in its policy interest rate to 40.5% on Thursday, marking a cautious continuation of its monetary easing cycle amid mounting political risks and persistent inflation pressures. The Central Bank of the Republic of Turkey (CBRT) opted for a smaller cut than the 300 basis points […]

The Japanese government announced Wednesday that it will permanently close all six of its economic centers in Russia, ending a 31-year program designed to foster business relations and support market reforms in the post-Soviet era, as bilateral relations deteriorate to their lowest point since World War II following Russia’s invasion of Ukraine. Push boundaries, reach […]

China has returned to deflationary territory as the world’s second-largest economy continues to grapple with mounting challenges that threaten its growth trajectory. The official consumer price index contracted 0.4% year-on-year in August, marking a sharper decline than the 0.2% drop economists had forecast and representing the country’s slip back into deflation after remaining flat in […]