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Economy
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Pakistan's Finance Minister: Gulf energy facility attacks are "worrying" for Pakistan's economic outlook, but short-term energy supplies have been secured.
Pakistan's Finance Minister Muhammad Aurangzeb told AFP in an interview at the IMF-World Bank Annual Meetings in Bangkok that attacks on energy infrastructure in Saudi Arabia and other Gulf states pos
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EU urges safeguards against Chinese chemicals, machinery imports to redress trade imbalance
EU urges safeguards against Chinese chemicals, machinery imports to redress trade imbalance
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Iraq's Foreign Minister stated that the conflict between the US and Iraq has caused the country losses of $60 billion.
Iraqi Foreign Minister Fuad Hussein stated that the conflict between the United States and Iran has cost Iraq up to $60 billion. The Iraqi News Agency cited a Foreign Ministry statement saying that th
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Fed Chair Warsh: AI is the "most consequential change" to the global economy in his lifetime, predicting positive effects but a "bumpy" path
US Federal Reserve Chair Kevin Warsh stated on Friday that AI technology represents the "most consequential change" to the global economy he has witnessed. He predicted its effects would be positive,
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White House commemorates Eisenhower's 136th birthday, states current administration is advancing his ideals of economic prosperity and rebuilding military
The White House issued a message marking the 136th birthday of President Dwight D. Eisenhower, praising him as a visionary leader and statesman. The current administration stated it is proudly advanci
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Federal Reserve Beige Book: Half of Districts Report Strong or Worsening Price Pressures, Oil Price Shocks Spreading Along Supply Chains
The latest Federal Reserve Beige Book indicates that price pressures on U.S. businesses are intensifying, with rising costs from high oil prices permeating multiple regions, and diesel surcharges bein
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IMF projects South Korea's GDP per capita to exceed $40,000 this year for the first time, reaching $43,512
The International Monetary Fund (IMF) projects South Korea's gross domestic product (GDP) per capita to exceed $40,000 for the first time this year, reaching $43,512. This is a 19.5% increase from an
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According to Xinhua News Agency, China and North Korea will officially open the New Yalu River Bridge on Thursday.
China and North Korea will officially open the New Yalu River Bridge on Thursday, according to China's official state media Xinhua News Agency. China completed its side of the bridge in 2014, aiming t
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Singapore's Q3 GDP grew by 5.4%, lower than the previous quarter's four-year high but above expectations.
Singapore's Q3 GDP grew 5.4% year-on-year, lower than the four-year high set in the previous quarter but exceeding the 5% expected by economists polled by Reuters. The Monetary Authority of Singapore
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ECB Chief Economist Philip R. Lane highlights AI's opportunity for Europe, notes significant gap with US and East Asia
European Central Bank Chief Economist Philip R. Lane stated that AI offers a significant opportunity to improve global living standards and productivity, but Europe faces challenges and lags behind th
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New York Fed President Williams: The future path of the economy may or may not require higher interest rates; it's currently uncertain.
New York Fed President Williams stated that the economy could evolve in a way that requires a higher interest rate path to achieve its goals, but there are just as many future economic paths that sugg
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Bloomberg Markets Analysis: Indian Rupee Weakening Since 2018, RBI Taking Measures to Counter
Bloomberg market analysis indicates that despite India's economic growth surpassing major economies like China, the Indian Rupee has weakened every year since 2018. This contradicts the expectation th
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Houthi missile attack targets Saudi capital Riyadh for third consecutive day, prompting airport closure and raising economic concerns
Yemen's Houthis claimed responsibility for a missile attack targeting Riyadh's King Khalid International Airport late on Monday, marking the third consecutive day of attacks on the Saudi capital. Saud
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The Federal Reserve's Beth Hammack stated that low-income workers initially responded to economic pressure by downgrading consumption, and are now beginning to weigh which bills to pay.
The Federal Reserve's Beth Hammack stated that low-income workers initially responded to economic pressure by downgrading consumption, and are now beginning to weigh which bills to pay.
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The Federal Reserve's Hammack believes the neutral rate may be higher, but 3% mortgage rates could signal economic distress.
The Federal Reserve's Hammack believes the neutral rate may be higher, but 3% mortgage rates could signal economic distress.
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Bloomberg Markets: Mexican Businesses See Domestic Issues, Not Trade Risks, as Bigger Headwind
Bloomberg Markets: Mexican Businesses See Domestic Issues, Not Trade Risks, as Bigger Headwind
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TRUMP: GASOLINE PRICE WILL BE DOWN SOON
TRUMP: GASOLINE PRICE WILL BE DOWN SOON
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Federal Reserve Report: U.S. Household Debt Servicing Capacity Deteriorates to Worst Level Since Great Recession
The Federal Reserve's Survey of Consumer Finances, released on Friday, revealed a continued deterioration in the debt-servicing capacity of U.S. households over the past three years. The proportion of
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Bloomberg: France's corporate market has surpassed Germany's to become Europe's most distressed market.
According to Bloomberg Markets, the French corporate market has surpassed Germany's to become Europe's most distressed market by one measure, even before the latest political and economic turmoil.
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SENIOR EURO ZONE OFFICIAL: SOME FRENCH POLITICAL FORCES NEED TO STOP PLAYING GAMES AND GET SERIOUS ABOUT THE ECONOMY
SENIOR EURO ZONE OFFICIAL: SOME FRENCH POLITICAL FORCES NEED TO STOP PLAYING GAMES AND GET SERIOUS ABOUT THE ECONOMY
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Global banks lift South Korea's 2026 growth outlook to 3.5% on chip export boom
Global investment banks have revised up their forecasts for South Korea's economic growth this year and next, citing a strengthening semiconductor export outlook. Eight major global investment banks n
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South Korean Finance Minister Pledges Favorable Business Environment
South Korean Finance Minister Lee Hyoung-il pledged on Wednesday to create a favorable business environment to support economic growth, while addressing structural challenges such as stagnant producti
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Trump reiterates Iran is doing very poorly
Trump reiterates Iran is doing very poorly
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Iran forms committee to coordinate new economic arrangement, President Pezeshkian calls for "car-free Tuesdays" to counter US pressure
Iran's President Masoud Pezeshkian has ordered the formation of a committee to coordinate a new economic arrangement aimed at stabilizing prices and countering US economic pressure and naval blockades
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Poll: 85% of US Voters Prioritize Economy, Living Costs Ahead of Elections
A poll by the Associated Press-NORC Center for Public Affairs found that as of mid-October, 80% of surveyed Americans believe the country needs substantial change or "complete and total upheaval." App
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Macau's October gaming revenue declined for the fifth consecutive month, as weak spending from high-end players offset an increase in Golden Week visitors.
Macau's October gaming revenue declined for the fifth consecutive month, as weak spending from high-end players offset an increase in Golden Week visitors.
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Colombia pauses interest rate hikes as economy begins to weaken.
Colombia pauses interest rate hikes as economy begins to weaken.
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ECB's Lane: AI adoption is reshaping the euro area economy, adding ~10% to firms' capex plans and driving digital investment to 3.3% of GDP.
ECB's Lane: AI adoption is reshaping the euro area economy, adding ~10% to firms' capex plans and driving digital investment to 3.3% of GDP.
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French economy shrinks 0.1% in Q3
France, the Eurozone's second-largest economy, experienced a 0.1% economic contraction in the third quarter, primarily due to high energy prices and soaring borrowing costs.
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Iran’s Economy Minister proposes task force to rebuild war-damaged businesses
Iran’s Economy Minister Seyed Ali Madanizadeh has proposed establishing a provincial task force to help rebuild businesses damaged by the war.
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Iran's September consumer prices surged 90% year-on-year, as the Economy Minister apologized for the soaring cost of living.
Iranian households are facing increasing cost-of-living pressures, exacerbated by eight months of war with the United States, Al Jazeera reported. Official data shows that consumer prices rose by appr
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South Korean Finance Minister Lee Hyung-il stated that the South Korean government aims to foster a virtuous cycle of carbon neutrality-driven economic growth and job creation through its green transition initiatives.
South Korean Finance Minister Lee Hyung-il stated that the South Korean government aims to foster a virtuous cycle of carbon neutrality-driven economic growth and job creation through its green transi
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Fed's Warsh: Business Investment Could Grow at Double-Digit Pace
Fed's Warsh: Business Investment Could Grow at Double-Digit Pace
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Fed Holds Federal Funds Rate at 3.75%-4% in 10-2 Vote; Two Officials Back 25bp Hike
The Federal Open Market Committee (FOMC) voted Wednesday to hold its benchmark rate unchanged, keeping the overnight federal funds target range at 3.75%-4%. The decision passed 10-2. Governor Lisa Coo
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President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
The White House announced that President Donald Trump returned to Ohio today to showcase the economic achievements brought to the state during his tenure. These include NVIDIA's plan to invest up to $
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Khamenei was "in perfect health."
Iranian Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf stated that after a recent meeting with Supreme Leader Mojtaba Khamenei, Khamenei was "in perfect health." Ghalibaf assured law
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Al Jazeera's analysis indicates that Israel's large-scale expulsions, blockades, and expansion of settler control in Hebron
Al Jazeera's analysis indicates that Israel's large-scale expulsions, blockades, and expansion of settler control in Hebron, West Bank, threaten to destroy the local economy. Since last Friday, Israel
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a total of 142 strategic enterprises have now established or expanded their operations in Hong Kong
Hong Kong's Financial Secretary, Paul Chan, stated that as of the end of September this year, the first six batches of strategic enterprises introduced to Hong Kong through the Office for Attracting S
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AmCham China President Urges More Working-Level Dialogues for US-China Ties, Citing Need for Long-Term Stability
Michael Hart, president of the American Chamber of Commerce in China (AmCham China), has urged Beijing and Washington to push more negotiations down to working-level officials. Hart stated that busine
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Iran's top security official warned: If Iranian economic facilities are attacked, the enemy's "economic infrastructure" will not be safe.
General Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, warned that if Iran's oil facilities, ports, and shipping are considered legitimate targets, then the economic infrastruct
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Argentine bonds are facing a sell-off amid market concerns about President Milei's re-election prospects and the country's debt repayment capacity.
Argentine bonds are facing a sell-off amid market concerns about President Milei's re-election prospects and the country's debt repayment capacity.
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Israel's opposition claims a new leadership could ease international pressure, while the ruling party deems international condemnation hypocritical.
Israel's opposition believes that the current international pressure on Israel stems from a "communication problem," and that a better leader could convince the world not to impose sanctions. However,
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White House: The U.S. President spoke during "National Forest Products Week," emphasizing increased domestic timber supply and significant achievements.
The U.S. President, speaking during "National Forest Products Week," reaffirmed a commitment to conserving forests and responsibly utilizing their resources to support families and strengthen American
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President Trump highlights economic achievements in Kansas, including tax relief and job creation
Today, President Donald J. Trump showcased his administration's achievements in Kansas, emphasizing historic tax relief, surging private investment, job creation, stronger rural healthcare, and signif
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Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
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Hassett Says People Are 'Euphoric' About Economy's Strength, Discretionary Travel Signals Consumer Optimism
Hassett Says People Are 'Euphoric' About Economy's Strength, Discretionary Travel Signals Consumer Optimism
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French Chamber of Commerce President: Weekend riots expected to affect over 2,000 stores, with total losses reaching several hundred million euros.
According to AFP, citing Alain Di Crescenzo, president of the French Chamber of Commerce and Industry, the weekend's violence in France is expected to affect over 2,000 stores, with total losses estim
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Pakistan's Q2 economic growth falls short of expectations, with the Middle East crisis adding new risks to the recovery.
Pakistan's Q2 economic growth falls short of expectations, with the Middle East crisis adding new risks to the recovery.
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Economy
24H Trending
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US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
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Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
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Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
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Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
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Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
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Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
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SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
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Donald Trump announced his "complete and total endorsement" of Congressman Bob Latta for re-election as the representative for Ohio's 5th Congressional District.
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U.S. Secretary of State Rubio: Trump has not yet decided to restart war with Iran; the U.S. remains open to a diplomatic solution.
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Digital Currencies: Definition, Types, and Key Characteristics
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