Zimbabwe’s central bank is in talks with the international arm of the National Payments Corp. of India to upgrade its payments technology as it seeks to cut costs and speed up transactions.
The International Monetary Fund is set to use some Venezuelan data in its economic estimates for the first time in years, as the Washington-based lender ramps up engagement with the country.
The European Central Bank should halt quantitative tightening to remove a source of financial-market uncertainty, former Executive Board member Lorenzo Bini Smaghi said.
Japanese Finance Minister Satsuki Katayama and Australian Treasurer Jim Chalmers established a new dialogue framework to enhance economic security cooperation.
Nigeria was the biggest climber in a ranking of Africa’s most investable markets, propelled by President Bola Tinubu’s economic reforms, according to the findings of the latest edition of An Investor’s Guide to Africa.
Slovakia’s government approved an election-year budget for 2027 with a deficit equivalent to 4.9% of economic output, the widest gap in three years and in breach of European Union rules.
Tax changes targeting the super-rich are triggering a wealth exodus from the UK, weighing on London's status as global financial hub. The Bloomberg Billionaires Index reveals how much money is at stake. Bloomberg's Benjamin Stupples reports. (Source: Bloomberg)
Greece’s budget surplus this year will be higher than previously expected, while the country’s economy will grow at a 2% rate in 2026 before accelerating to 2.3% next year.
Britain’s jobs market is stuck in its longest downturn since the early 2000s, according to a closely-watched survey, surpassing the decline during the financial crisis.
A measured European Central Bank response is appropriate to control inflation as policymakers assess how a second wave of the energy shock affects the economy, according to Chief Economist Philip Lane.
The European Central Bank must be ready for various inflation outcomes as the situation in the Middle East continues to dominate the outlook for consumer prices, Governing Council member Joachim Nagel said.
Turkish inflation continued to slow in September, raising the prospect of an interest rate cut at the next central bank meeting to help ease liquidity strains stemming from a domestic funds crisis.
Artificial intelligence is causing a surge in demand that is fueling inflationary pressure and long-term interest rates, with an impact that may affect the neutral rate of interest, according to Bank of Japan Deputy Governor Shinichi Uchida.
Vanguard Chief Economist Qian Wang projects inflation will reach around 3% by year-end before easing toward 2.5% by the end of 2027. She identifies elevated energy prices and near-term AI capital investment as the primary drivers keeping price pressures high. (Source: Bloomberg)
The UK is preparing to impose import levies on Chinese electric vehicles to meet a key demand from the European Union, the Times of London reported, in a blow to a group that now accounts for nearly one in four cars sold in the country.
