Page 66 - Eco News Today

Australia's economy grew at the weakest pace in 1-1/2 years last quarter as high prices and rising interest rates sapped consumer spending, while emerging signs pointed to further softness ahead amid elevated borrowing costs and a slowdown in global growth.

German industrial output rose less than expected in April, darkening the outlook for the euro zone's largest economy following weak new orders data earlier this week.

China's exports fell 7.5% in May year-on-year, while imports contracted 4.5%, customs data showed on Wednesday.

Stock markets in Saudi Arabia and Qatar rose in early trade on Wednesday ahead of a widely expected interest rate hike pause by the U.S. Federal Reserve, although other major markets were subdued on falling oil prices.

China's exports shrank much faster than expected in May while imports extended declines with a grim outlook for global demand, especially from developed markets, raising doubts about the fragile economic recovery.

A look at the day ahead in European and global markets from Sonali Desai

Following are some of the key moments in the rise of the Alternative for Germany (AfD), the country's' most successful far-right party since the Nazis were in power.

South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region.

Russia's piped supply of Urals crude to the European Union (EU) via the southern Druzhba pipeline in June is set to increase by 16% compared to May as EU refiners seek to secure more oil amid fears of disruptions in transit via Ukraine, two sources said.

Britain's labour market cooled further in May as starting salaries for permanent staff rose at the weakest pace in over two years, according to a survey of recruiters on Thursday that the Bank of England watches closely.