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This resurgence is encouraging for Europe’s banks, which heavily depend on mortgage lending for profitsÂ
RBI noted that the reserves have been on an upward trend for some time
Japan's central bank raised its key interest rate to 0.25 percent from 0-0.1 percent in July
This follows a GDP increase of 0.3 percent in both regions during the Q1 2024
August's increase in the country’s reserves was due to currency translation and asset price changes
The FAO lowered its forecast for global cereal production in 2024 by 2.8 million metric tons to 2.851 billion tons
Investors expect two or three more borrowing cost cuts this year, with additional actions in 2025Â
Japan's base wages, or regular pay, rose 2.7 percent, marking the fastest pace of increase in nearly 32 years
Traders are currently closely watching the labor market following four straight monthly increases in unemployment, which sparked fears of a recession
Singapore, with an investment of around $160 billion in the Indian economy, is a leading economic partner for India
The country is grappling with a labor shortage exacerbated by a declining birthrate
South Korea's core inflation, which excludes volatile food and energy items, rose 2.1 percent annually
Capital spending surges 7.4 percent to 11.92 trillion yen in Q2
The chips produced here will serve various industries, including automotive, electric vehicles, consumer electronics
Japan's input price inflation strengthened to a 16-month high as higher raw material prices and exchange rate weakness persisted
Weak demand across supply chains led to a further decline in delivery times on inputs in August for the 22nd month in a row
For services, the value of exports was 228.8 billion yuan, while imports reached 367.1 billion yuan
Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion
The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target
The agency expects most 2017 Trump tax cuts to continue, impacting revenue and increasing deficitsÂ
The job availability ratio inched up to 1.24 in July, rising for the first time in four months
The government noted that consumption is rising as shipping disruptions at some automakers easeÂ
This growth marks a strong rebound from a sluggish 1.4 percent increase in Q1 2024Â
This growth is driven by increased domestic demand and a recovery in electronics exportsÂ
