Analysts warn U.S. egg prices may hit record highs this holiday
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...
Tag : Inflation
Japan’s big manufacturers show improved confidence in December
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...
American firms rush imports ahead of Trump’s proposed China tariffs
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....
WTO anticipates 2.7% rise in global merchandise trade for 2024
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...
Gold prices surge as central banks diversify away from USD
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...
Fed slashes rates by 50 basis points as inflation cools
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...
Fed faces tough decision on rate cuts amid inflation concerns
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...
Korea’s economy strengthens on robust exports and stable inflation
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...
Gold reaches record high amid weak dollar and rate cut hopes
Gold prices reached unprecedented heights this week, hitting a record of $2,500.99 per ounce amid weakening U.S. dollar and heightened anticipation of a Federal Reserve...
UAE economy shows robust growth in non-oil sectors
The United Arab Emirates is experiencing continued growth in key economic sectors, according to the latest report from the Organisation of the Petroleum Exporting Countries...