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The Riksbank’s next move in its battle to curb inflation remains shrouded in uncertainty, with a decision to keep rates unchanged in November a possibility despite concern over stubborn price increases on services, Deputy Governor Martin Floden said.
China’s economy showed signs of a stronger recovery in September, according to several early indicators and a firm analyzing the global economy using satellite data.
Thailand’s capital city will add a third passenger terminal to its biggest airport as the Southeast Asian nation prepares for a surge in tourist arrivals under a visa waiver program for Chinese visitors during the peak holiday season.
Switzerland’s biggest party has decided that the country only has room for 10 million people — just as businesses struggle to fill vacancies.
China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities.
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