Trade data was a bright spot for export-reliant Singapore, helping cement economists’ expectations for stronger growth this year. https://www.wsj.com/articles/singapores-economy-grew-at-faster-pace-in-first-quarter-51b0f15d
Euro-area private-sector business activity reached its highest level in a year – suggesting the region’s economic rebound is taking hold. from Bloomberg Markets https://ift.tt/08qi3kB
European markets opened slightly higher on Thursday as traders digest the minutes of the last U.S. Federal Reserve meeting. https://www.cnbc.com/2024/05/23/european-markets-live-updates-stocks-news-data-and-earnings.html
The German economy is failing to break out of stagnation as the current business climate is poor, with the manufacturing sector particularly weak, according to a survey of 24,000 companies by industry lobby DIHK. from Bloomberg Markets https://ift.tt/Qe8v5Sg
Sweden needs to reduce its households’ and property companies’ sensitivity to higher interest rates and other changes as the nation narrowly escaped a more adverse scenario during a bout of inflation that is now subsiding, Riksbank Deputy Governor Aino Bunge said. from Bloomberg Markets https://ift.tt/FCsSHEU
Analyzing the economic impact of anti-competitive behaviors. from Bloomberg Politics https://ift.tt/8vkod1K
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong…
UK Prime Minister Rishi Sunak called a surprise UK general election yesterday evening, for July 4, with the prime minister battling a Downing Street downpour and protesters to set his Conservative Party up for a bruising six-week battle to try to stop Keir Starmer’s poll-leading opposition Labour Party from taking power. Ipsos UK and Ireland…
Norway will further restrict its entry conditions for Russian tourists from May 29, a decision the government said backed its allies’ reactions to the war being waged in Ukraine. from Bloomberg Politics https://ift.tt/AaB2orV
Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is being relocated to a new prison, according to a report by The Wall Street Journal. A representative for Bankman-Fried confirmed the move, though the exact destination remains undisclosed. Sam Bankman-Fried Likely Moving to California Sources familiar with the situation suggest that Bankman-Fried is likely…