Pakistan bears largest share of rising MENAAP poverty
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the...
Tag : Inflation
South Korean inflation reaches 2.9 percent annual growth
Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published...
Asia-Pacific growth outlook lifted to 5% for 2026
Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026...
China keeps loan prime rates steady through September 2026
China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while...
Pakistan inflation rises as food and education gaps persist
Government price cuts are failing to reach many shoppers in Lahore, where retailers continue charging well above official rates. The gap covers chicken, vegetables and...
OECD inflation falls to 4.2% and energy price pressures cool
Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation....
UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Bank of Korea keeps rate at 2.5% for seventh hold
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy...
Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Bitcoin and crypto markets react to global $17.3 trillion oil shock
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...