Australian service sector inflation spikes amid high demand and tight supply
SYDNEY - Michele Bullock, speaking at the Australian Business Economists Annual Dinner on Wednesday, highlighted the burgeoning costs within Australia's...
Economy
Analysis-Zambia bondholder deal flop prompts calls for rethink of debt reworks
By Libby George and Rachel Savage LONDON/JOHANNESBURG (Reuters) - The collapse of Zambia's $3 billion bond rework deal this week...
Argentina’s Milei says shutting central bank ‘non-negotiable’
BUENOS AIRES (Reuters) - Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a...
Young Australians face financial literacy challenges amid economic stress
A recent survey by the National Australia Bank (OTC:) (NAB) has revealed a concerning trend in financial literacy among young...
Black Friday spending surges despite economic pressures
LONDON - British consumers are showing a robust appetite for Black Friday deals, with Barclays and Barclaycard Payments reporting record-breaking...
Reserve Bank expands Alert List to include seven new unauthorized forex platforms
The Reserve Bank has significantly expanded its Alert List of unauthorized forex trading platforms, signaling increased scrutiny in the foreign...
Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by...
RBI supersedes Abhyudaya Co-operative Bank’s board, appoints new administrator
The Reserve Bank of India (RBI) has taken decisive action by superseding the board of Abhyudaya Co-operative Bank Ltd. today,...
Health of several key sectors, including the U.S. consumer, plus an outlook from Fed’s Powell on radar this coming week
Recession fears are rising. Nothing beats fear better than good information and that’s what we will get this week. Investors...
South Africans seek out Black Friday essentials as crunch continues
By Nqobile Dludla JOHANNESBURG (Reuters) - Johannesburg's Mall of Africa was buzzing on Friday with bargain hunters pushing trolleys laden...
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