Japan's wholesale prices rose 0.3% in November from a year earlier, data showed on Tuesday, slowing sharply from the previous month in a sign of easing cost-push pressure in the world's third-largest economy.
China’s disinflationary trend worsened in November, data showed over the weekend, with consumer prices falling at their fastest pace in three years, while producer prices remained in contraction for a fourteenth consecutive month.
Whether it's the "collective trauma" cited by the American Psychological Association (APA) or the bad "vibes" noted by internet analysts, there has been a clear break between the U.S. economy's performance and public attitudes about it, according to new research from the Chicago Federal Reserve.
Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15% of its workforce amid weaker sales.
The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.
Global trade is set to contract by 5% in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.
