Saudi Arabia’s economy contracted again, albeit at a slower pace, putting the kingdom on track for one of its worst economic performances in years even before a recent escalation in the kingdom’s conflict with the Houthis.
Australia’s auction clearance rate fell to a six-year low as a public holiday in Melbourne and the threat of higher interest rates weighed on the nation’s residential real estate market.
China’s upgraded free-trade agreement with Peru took effect Sunday, expanding rules covering areas including e-commerce, global supply chains, competition policy and the environment, according to the Ministry of Commerce in Beijing.
South Korea’s exports maintained strong growth in October, highlighting the strength of an artificial intelligence-driven boom that has powered the economy, even as a recent selloff in technology stocks raised questions about the durability of the global AI trade.
Jobs week lies ahead for the US, which means a heavy slate of data ahead of the capstone monthly employment report from the Bureau of Labor Statistics on Friday.
Chancellor John Healey said the UK government would bring down welfare spending but declined to commit to a timetable for it, highlighting the difficulty the Labour Party faces in curbing a major pressure on public finances.
Argentina’s finance minister had some words of caution at an annual international confab recently amid broad enthusiasm over the resilience of emerging markets. Speaking little more than a week before a rout in Brazil’s markets, Luis Caputo warned, “Just one country — one important country — getting into trouble could probably generate a systemic risk and affect all of us.”
Senegalese lawmakers have again rejected the government’s revised 2026 finance law, prolonging a standoff that threatens to delay approval of a crucial International Monetary Fund program.
As US President Donald Trump threatens renewed attacks against Iran, Tehran’s intermittent strikes on commercial vessels have left the two sides locked in a painful economic standoff.
Angola, sub-Saharan Africa’s second-largest oil producer, plans to cut spending on fuel subsidies in 2027 without significant increases in pump prices, relying instead on other measures to reduce costs.
The Bank of England is considering easing restrictions on higher-risk mortgage loans in a move that could support the UK housing market, the Financial Times reported.
Central banks around the world kept interest rates unchanged this week as officials in the US and Europe assessed the risk of inflation stemming from high energy prices.
Hong Kong’s economic growth remained robust in the third quarter, paving the way for what may be the strongest annual expansion in five years, Radio Television Hong Kong cited Financial Secretary Paul Chan as saying.
The Bank of Japan’s decision to accelerate sales of exchange-traded funds could boost its payments to the government, potentially helping Prime Minister Sanae Takaichi finance her costly policy agenda.
China’s factory activity slowed in October, underscoring the challenges facing policymakers as they seek to sustain an economic recovery to ensure this year’s growth target is met.
France’s credit score was put on a negative outlook by Fitch Ratings, an unscheduled move that highlights how quickly the country’s public finances are souring.
A trio of Federal Reserve officials reaffirmed the need for additional interest-rate hikes while counseling a gradual approach to tightening that would minimize disruptions to financial markets and the economy.
