Economy

Economic News

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NEWS dpa_afx

Japan Consumer Confidence Rises Slightly In June

TOKYO (dpa-AFX) - Japan's consumer sentiment improved somewhat in May to the highest level in four months, survey data from the Cabinet Office showed on Wednesday.The seasonally adjusted consumer confidence index rose to 33.8 in June from 33.6 in May. The expected score was 34.1.The survey was cond…

dpa-AFX en
Economy

ZAWYA: KSA banks maintain resilience as deposits grow 3.9% in Q1 2026

Riyadh, Kingdom of Saudi Arabia – Alvarez & Marsal (A&M), the global professional services firm known for its senior-led, operator-driven approach, has released its latest edition of the Kingdom of Saudi Arabia (KSA) Banking Pulse, analyzing the Q1 2026 performance of the Kingdom’s ten largest list…

Zawya en
Economy
NEWS reuters

Ghana inflation rises for third month in June

Ghana's consumer inflation (GHCPIY=ECI) rose for the third month in a row in June, to 5.3% year-on-year from 3.7% in May, the statistics service said on Wednesday.

Reuters en
Economy
trading-economics

Brazil Loan Growth Picks Up

The value of outstanding loans from the Brazilian financial sector rose by 0.6% from the previous month to R$7.3 trillion in May of 2026.Despite the acceleration, the growth rate remained slightly below averages since recovery of the Brazilian economic crisis in 2017, as the Brazilian central bank…

Trading Economics en
Economy
NEWS zawya

ZAWYA: UAE leads GCC with 700 confirmed projects, Saudi Arabia follows at 628: Report

Staff WriterThe UAE leads the GCC in confirmed construction demand with 700 projects, supported by a broad base of active, near-term developments, according to a report by the Abu Dhabi Chamber of Commerce and Industry (ADCCI).The estimated value of these projects stands at $138 billion, the chambe…

Zawya en
Economy
NEWS acceswire

The IRS Just Updated Its Collection Process Guide for 2026 - Clear Start Tax Highlights What Taxpayers Should Know Before the Notices Start

The agency's revised collection process publication outlines the steps the IRS takes when a taxpayer falls behind - from the first notice to enforcement actions like wage garnishment and bank levies.IRVINE, CA / ACCESS Newswire / July 1, 2026 / The IRS has released an updated version of its collect…

ACCESS Newswire en
Economy
globenewswire

Trust Stamp delivers a Custom-LLM model for an international telecommunications company and announces a shareholder call to unveil the Company’s strategic initiative to build and deliver Sovereign-AI implementations.

Atlanta, GA, July 01, 2026 (GLOBE NEWSWIRE) -- Gareth N. Genner, Chief Executive Officer of the Company commented: “For ten-years we have delivered proprietary AI-powered microservices in the course of which we have developed significant intellectual property and expertise in deploying custom-AI so…

GlobeNewswire en
EconomyStocksUS
NEWS sharecast

EU imposes €3 flat customs fee on parcels to curb Temu, Shein

European finance ministers approved the change to address mounting concerns over unfair domestic competition, widespread tax fraud, and massive carbon footprints.The volume of low-value international shipments entering the EU has risen exponentially, skyrocketing from 1.3 billion parcels in 2022 to…

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Economy
NEWS sharecast

US mortgage applications unchanged in last week of June

Last week's flat reading comes as mortgage applications were also little changed during the period, with the benchmark fixed 30-year contract easing two basis points to 6.57%.Applications to refinance a mortgage, which are more sensitive to short-term changes in interest rates, eased by 0.6% week-o…

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Economy
NEWS dpa_afx

Sweden Manufacturing Growth Strongest Since January 2022

STOCKHOLM (dpa-AFX) - Sweden's industrial economy expanded at the quickest pace in four-and-a-half years in June, survey data from Swedbank and the logistics association SILF showed on Wednesday.The purchasing managers' index for the manufacturing sector rose to 58.3 in June from 57.4 in May. A rea…

dpa-AFX en
Economy
NEWS sharecast

Eurozone inflation cools to 2.8% in surprise June fall

A flash reading showed the annual rate dropped sharply to 2.8% in June from 3.2% in May and coming in below the market consensus estimate of 3.0%.Energy costs fell to an 8.7% annual growth rate from 10.8% in May after renewed diplomatic progress and ceasefire discussions between the US and Iran eas…

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Economy
NEWS dow-jones

Around 79% of Tech Founders Face Friction From EU Regulation, Report Says — Market Talk

Around 79% of tech entrepreneurs say European regulations had a significant impact on their businesses in the past year, according to a survey of 155 founders published by start-up advisor DutchBasecamp in partnership with a tech lobby association. "When 45% of those surveyed have paused or cancell…

Dow Jones Newswires en
Economy
trading-economics

Ghana Inflation Rate Hits 6-Month Peak

The annual inflation rate in Ghana soared to 5.3% in June 2026 from 3.7% in the prior month, reaching its highest level since December 2025.Price growth accelerated for both non-food products (6.3% vs 4.1% in May) and food (3.9% vs 3.3%).On a monthly basis, the CPI rose by 0.2% in June, following a…

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Economy