Asian factories shake off supply headaches but Omicron presents new risks
Asian factory activity grew in November as crippling supply bottlenecks eased, but rising input costs and renewed weakness in China dampened the region’s prospects for an early, sustained recovery from pandemic paralysis.
COVID-19 threatens to knock away Germany’s last pillar of growth
A surge in coronavirus infections in Germany is weighing on consumer morale in Europe’s largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away its last remaining pillar of growth.
Leadership shake-up to test Mexican central bank as inflation soars
Mexican President Andres Manuel Lopez Obrador’s surprise shakeup of the nomination process for the Bank of Mexico’s (Banxico) next chief has cast doubt over the bank’s rate-tightening cycle as it battles to keep high inflation in check.
Asian shares on edge as U.S. bond yields rise, oil volatile
Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.
Analysis: Indonesia, India beckon as Fed tapers without tantrums
This November 5th story corrected business name to BNP Paribas Asset Management, not Wealth Management, in paragraph 9
The UK is coping with rising inflation!
Public borrowing in the UK was almost a fifth lower last month than a year earlier when the economy was still recovering from the coronavirus pandemic, but growing inflation pushed loan prices higher. Borrowing – the difference between spending and tax receipts – was £22.8 billion in June, down £5.5 billion from the previous year, […]
