In May, China’s light vehicle (LV) market showed steady growth and continued structural optimization, reflecting a positive recovery trend. LV’s domestic sales, excluding exports, came in at 1.9 million units, down 3.2% year-on-year (YoY), but up a commendable 5.0% month-on-month ...
Article content Those looking for a reason why total wage growth has remained consistently high despite slowing inflation need look no further than the federal government, according to an analysis released this week by the Desjardins Group. Average hourly compensation ...
You can lie with data or illuminate the truth with data. And there’s something in between — half-truths. A $14 billion correction in export figures by the central bank is necessary because it addresses an economic half-truth. But half-truths are ...
There is an ongoing boom in small business creation in America. We look at what types of new businesses are thriving and why this type of trend has brought economic growth in the past. AILSA CHANG, host: There is a ...
The Reserve Bank of India’s latest Financial Stability Report shows steady improvement in bank balance sheets, with the non-performing asset ratio at a multi-year low, well-placed capital reserves and strong earnings. Given that India’s financial system is dominated by banks, ...
Mortgage costs are still the biggest challenge facing homebuyers and those taking out fixed-term deals, the UK’s biggest mortgage lender has said. However, the squeeze caused by higher interest rates is likely to gradually ease as incomes rise and house ...
China’s economy has been hit by a slump in the property market and volatile stocks in recent months, but it may now be on the precipice of a bond bubble burst. In an unprecedented move, the People’s Bank of China ...
TOKYO (Reuters) – Japanese household spending fell unexpectedly in May as higher prices continued to squeeze consumers’ purchasing power, data showed on Friday, complicating the central bank’s decision on how quickly to raise interest rates. Many analysts expect consumption to ...
Having $1 million for retirement is a sizable nest egg, but it may not last as long as you’d think. GOBankingRates has released a report that shows how long $1 million in retirement savings would last in each U.S. state. ...
In this morning’s U.S. Bureau of Labor Statistics data release, the U-3 unemployment rate rose 4.1 percent in June 2024, up one-tenth of a percentage point above the projected rate. The U-3 rate measures the percentage of the civilian labor ...