WASHINGTON – If freight trains rumbling across the great American plains are the sinews of the supply chain in the biggest market on the planet, then trucks are
TOKYO (BLOOMBERG) As Americans celebrated Thanksgiving with turkey prices at record highs, another poultry dish that is a beloved holiday tradition could be in short supply: fried chicken
SEOUL (REUTERS) – South Korea’s central bank raised its policy rate on Thursday (Nov 25), as widely expected, as concerns about rising household debt and inflation offset uncertainty
NEW YORK (AFP) – After nearly two years of pandemic gloom, American consumers appear primed to spend generously for the holidays despite worries over inflation and item availability.
WASHINGTON (BLOOMBERG) – United States President Joe Biden told reporters on Tuesday (Nov 16) to expect him to announce a nominee for Federal Reserve chair in “the next
LONDON (BLOOMBERG) – The British Chambers of Commerce said 80 per cent of UK businesses are feeling the effects of higher prices as well as shortages of goods
SINGAPORE – Last week, this column discussed how the global supply chain crunch is feeding inflation and prompting rate hikes by central banks. Not much has changed. Please
TOKYO (REUTERS) – Japan’s exports grew faster than expected in September to post a seventh straight month of double-digit growth, an encouraging sign for the economy as pandemic-led
BEIJING (REUTERS) – China’s factory activity unexpectedly contracted in September as high raw material prices and power cuts continued to pressure manufacturers in the world’s second-largest economy. The