China's economy met its official 5% growth target for 2024, but the expansion was uneven, with many citizens experiencing declining living standards, Reuters reports. This lopsided growth raises concerns about deeper structural problems that could intensify in 2025. The imbalance is characterized by robust industrial output and exports,

ECB policymaker Olli Rehn said Tuesday the bank is expected to continue easing monetary policy, likely ending restrictions by mid-summer, Reuters reports. Speaking at a conference in Hong Kong, Rehn noted the ECB has already cut interest rates four times this year to 3%. Markets anticipate further cuts as inflation

Syria's new central bank governor, Maysaa Sabreen, has vowed to increase the institution's independence in monetary policy decisions, Reuters reports. This marks a significant shift from the heavy government control exercised under the Assad regime. Sabreen, previously the central bank's deputy governor, assumed her

The euro zone savings rate dipped slightly in the third quarter of 2022 but remains exceptionally high, Reuters reports, citing Eurostat data. This development indicates a key hurdle to economic growth. The savings rate fell to 15.3% in Q3, down from 15.6% in the previous quarter. While this

China's bond market is sending a stark warning about the country's economic prospects, with yields plummeting and signaling deflationary risks, as reported by Financial Times. The 10-year government bond yield has stabilized somewhat recently but is still down roughly 42 basis points since the beginning of

Investors are bracing for a gradual depreciation of the Chinese yuan against the US dollar in 2025, as reported by Nikkei Asia. This comes as the People's Bank of China (PBOC) faces pressure to defend the currency, driven by rapidly falling domestic interest rates and the looming threat

The U.S. labor market ended 2023 on a strong note, with job growth exceeding expectations and the unemployment rate falling to 4.1%, Reuters reports. This unexpected strength reinforces the Federal Reserve's cautious stance toward further interest rate cuts. The Labor Department's employment report, released

China's central bank has halted its purchases of treasury bonds, triggering a rise in yields and fueling speculation that the move is intended to defend the weakening yuan, Reuters reports. The People's Bank of China (PBOC) attributed the suspension to a shortage of bonds in the