Energy Costs Push OECD Inflation Up to 4.5%
Annual inflation across OECD economies rose to 4.5% in September from 4.3% in August, driven mainly by energy. Energy inflation reached 17.4%, while food inflation eased and underlying inflation remained broadly stable at 3.7%.
Read moreOPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
OPEC reported that oil production has moved close to levels seen before the Iran war, led by a sharp recovery in Saudi output even as regional shipping disruptions continue. The group left its broad demand and supply outlook largely unchanged.
Read moreChina's Trade Surplus Passes $1 Trillion as Technology Exports Surge
China recorded a trade surplus above $1 trillion for a second consecutive year, supported by strong exports of electronics, vehicles and other advanced manufactured products. October imports also rose as crude-oil shipments from the Gulf recovered.
Read moreChina's Singles' Day Exposes Persistent Consumer Caution
China's largest shopping festival again highlighted restrained household spending despite aggressive discounts. The economy grew 4.6% in January through September, but retail sales increased only 1.1% as the long property downturn continued to weigh on confidence.
Read moreUS Inflation Broadens as Fed Officials Consider Faster Rate Hikes
US inflation accelerated to 4% in October from 3.7% in September, with price increases spreading beyond fuel and tariff-sensitive goods into services such as healthcare, childcare, restaurants and hotels.
Read moreE8 Art and Craft Trail Returns to Dalston with New Venues
The E8 Art and Craft Trail returns to Dalston this weekend, inviting the public to visit artists' homes and studios. The event, established in 2022 by local residents, expands its footprint this year with two new venues while maintaining its core mission of showcasing the area's creative heritage.
Read moreIrish police prepare for further hoax bomb threats after hundreds of schools targeted
Gardaí are preparing for further hoax bomb threats after at least 300 schools across the Republic of Ireland received a mass email on Wednesday.
Read moreKorea, Singapore and New Zealand Advance Green Trade Pact Talks
Officials from Korea, Singapore, and New Zealand reviewed progress on the plurilateral Green Economy Partnership Agreement ahead of APEC meetings.
Read moreRBA Inflation Target Origins: Why Australia Chose a Range Over Zero
The Reserve Bank of Australia’s decision to raise interest rates amid rising inflation has renewed scrutiny on its monetary policy framework, particularly the origins and rationale behind its specific 2 to 3 per cent target range.
Read moreIreland and Ukraine consider drone cooperation memorandum after Dublin talks
Ireland and Ukraine exploring joint memorandum on drones following bilateral Ireland and Ukraine are exploring forming a joint memorandum on drones, the Taoiseach said following a bilateral meeting with the Ukrainian President.
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