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
Developing Asia-Pacific economy set to grow 5% in 2026
Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the...
Pakistan inflation, Lahore price gaps expose wider strain
Consumers in Lahore are paying sharply above government-notified prices for essential foods as Pakistan faces renewed inflation pressure. Official rate reductions have failed to produce...
Denmark July CPI rises 1.3% as annual inflation slows
Denmark’s annual inflation rate slowed to 1.7% in July from 1.9% in June, official figures showed. Statistics Denmark said consumer prices rose 1.3% from the...
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...
Gold prices rise as risk sentiment weakens globally
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm...