Mexico City — The Mexican peso strengthened against the U.S. dollar on Friday morning following the release of key economic data in Mexico.\n\nThe exchange rate stood at MXN\$18.6918 […]
Markets
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Fed’s Powell Hints at Rate Cut in September Amid Shifting Economic Risks
Federal Reserve Chair Jerome Powell signaled on Friday that a potential interest rate cut could come as early as September, citing evolving economic risks. Speaking at the Jackson […]
Uncategorized
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DP World and ITOCHU Partner to Boost Trade and Logistics Across Sub-Saharan Africa
DP World has entered into a strategic partnership with ITOCHU Corporation, a leading Japanese trading conglomerate, to enhance logistics networks, supply chain infrastructure, and distribution systems in sub-Saharan […]
Markets
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China Strengthens Antitrust Enforcement in Key Consumer Sectors
(August 22, 2025, 06:26 GMT | Official Statement) — China’s State Administration for Market Regulation (SAMR) held a meeting in Huainan, Anhui Province, to advance a targeted enforcement […]
Technology
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South Korea Elevates AI Investment to Counter Economic Slowdown
SEOUL, Aug 22 (Reuters) – South Korea has declared artificial intelligence investment a central pillar of its economic strategy, following a significant downgrade in its 2024 growth outlook […]
Economy
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South Korea Expects Minimal Economic Growth in 2025 Amid External Pressures
South Korea anticipates a modest expansion of its economy in 2025, forecasting a growth rate of 0.9%. This would represent the weakest performance since the economic downturn triggered […]
Economy
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Federal Reserve Reassesses 2020 Policy Framework Amid Shifting Inflation Landscape
Federal Reserve officials are moving toward abandoning a key policy framework introduced in 2020, which emphasized a flexible average inflation targeting approach amid persistently low rates and subdued […]
Economy
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Jackson Hole Economic Policy Symposium: Labor Markets in Transition — Demographics, Productivity and Macroeconomic Policy – Kansas City – Federal Reserve
The Jackson Hole Economic Policy Symposium convened by the Federal Reserve Bank of Kansas City focused on the evolving dynamics of labor markets, examining how demographic shifts, productivity […]
Economy
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DiDi’s Economic Impact in Mexico Reaches 118 Billion Pesos
DiDi has generated an estimated economic impact of 118 billion Mexican pesos in Mexico, according to its recently released economic impact report presented during the Impulso DiDi event […]
Economy
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Demographic Shifts Reshaping East Asia’s Economic Landscape
East Asia, once the engine of global economic growth, is now confronting a structural slowdown driven by demographic trends. Japan, which ranked as the world’s second-largest economy in […]