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 […]

The UAE’s economic diversification strategy has reached a historic milestone, with real Gross Domestic Product growing by 3.9% to total AED 455 billion ($123.89 billion) in the first quarter of 2025, compared to the same period in 2024. More significantly, non-oil activities have achieved an unprecedented 77.3% contribution to real GDP—the highest in the country’s […]

Turkey’s medium-term economic programme forecasts inflation to hit 28.5% in 2025 and 16% in 2026, before reaching single digits from 2027, as the government maintains its commitment to orthodox monetary policy following years of unconventional economic experiments under President Erdogan. Turkey’s newly published medium-term economic roadmap represents a critical test of the government’s commitment to […]

U.S. President Donald Trump signed an order on Thursday to implement lower tariffs on Japanese automobile imports and other products that were announced in July, providing some relief to Japan’s export-heavy economy while formally cementing what Trump called “perhaps the largest Deal ever made” with America’s key Asian ally. Formalizing the deal between the U.S. […]