News
US economic activity rises slightly to moderately in recent weeks: Fed
2+ hour, 1+ min ago (138+ words) “Contacts generally expected the economy to continue to expand in the coming months, but several districts noted elevated uncertainty in the outlook for fuel costs,” the Beige Book, which collects qualitative economic data from all 12 of its regional banks to…...
Euro area goods trade flips to $8.97 bn deficit in May
15+ hour, 25+ min ago (228+ words) Euro area exports of goods to the rest of the world at €243.6 billion in May 2026, up 0.1 per cent from May 2025. Imports stood at €251.4 billion, rising 10.0 per cent year on year (YoY). May 2026 euro area balance also worsened from a €1.2 billion…...
Turkiye's exports to EU up 4.7% YoY to $54.5 bn in H1 2026
1+ day, 43+ min ago (166+ words) The EU is the country’s largest export market and a key market for Turkish manufacturers. At $7.1 billion, the country’s chemicals and chemical products industry ranked second in exports to the EU during the six-month period after the auto sector. Readymade…...
China's H1 per capita disposable income rises 5.2%
1+ day, 20+ hour ago (170+ words) Income growth in rural areas was faster than in urban areas. Urban residents' per capita disposable income reached 30,126 yuan in H1 2026, up 4.4 per cent in nominal terms and 3.4 per cent in real terms. Rural residents' per capita disposable income was 12,699 yuan,…...
Dick's, Foot Locker, TJX: The brands that won when gas last fell
6+ day, 58+ min ago (144+ words) | Dick's, Foot Locker, TJX: The brands that won when gas last fell Fibre2Fashion This crunch in disposable income due to higher fuel prices has made consumers think twice before buying discretionary items such as apparel or footwear and impacted sales growth…...
Deloitte cuts Australia's 2026-27 growth forecast to 1.3%
1+ week, 1+ day ago (242+ words) The economy is expected to record annual growth below 2 per cent for the next two years, including 1.1 per cent over the year to December 2026, the latest Deloitte Access Economics 'Business Outlook' said. The outlook is being pressured by rising interest…...
Bangladesh Bank backs industry to sustain economic stability
1+ week, 1+ day ago (139+ words) The central bank’s spokesperson Arif Hossain Khan told reporters that the regulator took the decision to help large industrial groups maintain production, employment and overall economic activity. The country's major business groups are closely linked to large-scale employment, significant bank…...
World Bank flags slower China growth in 2027, steady export outlook
1+ week, 1+ day ago (207+ words) The latest update from the organisation projects China’s growth to slow to 4.4 per cent in 2026 and ease further to 4.3 per cent in 2027, as the property sector continues adjusting to lower housing demand and consumers remain cautious, the World Bank said…...
AAFA calls for no additional tariffs on footwear imported from Brazil
1+ week, 2+ day ago (297+ words) “…We respectfully urge that footwear does not become an unintended casualty of this investigation. Additional tariffs on Brazilian footwear would increase costs for American businesses and families without advancing the broader objectives of an American First trade policy,” he said....
Bangladesh invites US firms to expand investment
1+ week, 2+ day ago (89+ words) Fibre2Fashion Prime Minister's adviser and spokesperson Mahdi Amin made this request while addressing a programme marking the 250th anniversary of US independence organised by the American Chamber of Commerce in Bangladesh (AmCham) in association with the US Embassy in Dhaka. He assured…...