Tag : Inflation

Analysts warn U.S. egg prices may hit record highs this holiday
News

Analysts warn U.S. egg prices may hit record highs this holiday

manamalive.com
Egg prices in the United States are climbing rapidly and may soon approach record highs last seen during the pandemic, according to industry analysts. The increase is being driven by a severe outbreak of avian...
Japan's big manufacturers show improved confidence in December
Business

Japan’s big manufacturers show improved confidence in December

manamalive.com
Business confidence among Japan's major manufacturers improved slightly in December, according to the Bank of Japan's latest Tankan survey released on Friday. The sentiment index rose to 14, up from 13 in September, signaling cautious...
American firms rush imports ahead of Trump’s proposed China tariffs
Business

American firms rush imports ahead of Trump’s proposed China tariffs

manamalive.com
MENA Newswire News Desk: U.S. businesses are stockpiling goods from China in anticipation of a 60% tariff on Chinese imports proposed by President-elect Donald Trump. The planned policy, central to Trump's second-term agenda, has raised...
WTO anticipates 2.7% rise in global merchandise trade for 2024
Business

WTO anticipates 2.7% rise in global merchandise trade for 2024

manamalive.com
MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the latest Global Trade Outlook report. The report anticipates moderate growth...
Gold prices surge as central banks diversify away from USD
Business

Gold prices surge as central banks diversify away from USD

manamalive.com
MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a surge of over 25% year-to-date. Experts point to the influence...
Fed slashes rates by 50 basis points as inflation cools
Business

Fed slashes rates by 50 basis points as inflation cools

manamalive.com
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower...
Fed faces tough decision on rate cuts amid inflation concerns
Business

Fed faces tough decision on rate cuts amid inflation concerns

manamalive.com
MENA Newswire News Desk: The Federal Reserve is approaching a critical decision on whether to cut U.S. interest rates by a quarter or half a percentage point. With its September meeting nearing, financial markets are...
Korea’s economy strengthens on robust exports and stable inflation
Business

Korea’s economy strengthens on robust exports and stable inflation

manamalive.com
MENA Newswire News Desk: The Korean economy is showing solid signs of recovery, bolstered by strong exports and moderating inflation, according to the Ministry of Economy and Finance’s latest monthly report, The Green Book. The...