Pakistan emerges as main driver of MENAAP poverty rise
– Pakistan represents about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region. The World Bank reported...
Tag : Inflation
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...
South Korea inflation quickens to 3.1% as costs climb
South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline...
Denmark inflation slips to 1.7% with core rate steady
Denmark's annual consumer price inflation eased to 1.7% in July from 1.9% in June, official data showed. Statistics Denmark said the consumer price index rose...
OECD inflation eases to 4.2% as lower energy rates take hold
Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes...
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...
Global markets face disruption amid $17.3 trillion oil shock warning
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...