Page 46 - Eco News Today

A look at the day ahead in European and global markets from Kevin Buckland

Tunisia faces a full-blown crisis in public finances that could destabilise the country with knock-on effects around the central Mediterranean region.

The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than two decades due to the energy crisis, inflation and rising interest rates, a study by credit agency Creditreform showed on Thursday.

Bank of Japan Deputy Governor Ryozo Himino said the country's banking sector remains sound and has sufficient buffers to weather any strain caused by a future rise in interest rates.

From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising equity capital at a sharp discount to their valuations, known as 'down round' in the industry.

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

South Korea's factory production unexpectedly jumped in May, led by cars and chips, official data showed on Friday, while retail sales also rose last month in an encouraging sign for a slowly recovering economy.

OTTAWA, June 27 (Reuters) - Canada's annual inflation rate slowed to 3.4% in May on lower prices for gasoline as a result of the base-year effect, while mortgage interest costs remain high, Statistics Canada said on Tuesday.

Annual profits at China's industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to bolster a stuttering post-COVID economic recovery.

A look at the day ahead in European and global markets from Wayne Cole.