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Economy

Macroeconomy

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Business startups in Germany rise to over 171,000 in 2025

The DIHK reports that job insecurity is driving many individuals to start new companies

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Germany announces tender results for Federal treasury bills

The auction involved the topping up of three Green German Federal securities via a multi-ISIN process.

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Germany to mint special coins honoring Tamara Danz and Metropolis in 2027

The federal cabinet's decision commemorates a prominent rock musician and a landmark science fiction film.

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China issues new tax rules on offshore trusts

A 20% levy on trust stages prompts concerns of portfolio liquidations and selling pressure

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Number of breweries in Germany continues to decline

A decrease in beer sales and shifts in consumption habits drive brewery closures across the country.

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Low Rhine water levels drive up fuel prices in western Germany

Decreased river levels increase transport costs and shipping capacities, impacting regional petrol prices.

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Japan's average nominal wages rose 3.4% in June

The monthly increase brought the average nominal wage to 531,677 yen ($3,373.6).

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El Niño and Middle East conflict threaten global food security

Geopolitical tensions and extreme weather patterns create a 'hyper-siege scenario' for global agriculture

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Turkey's central bank governor: Tight policy will strengthen disinflation

Fatih Karahan met businesspeople in Erzurum, citing 31.8% July inflation and positive export expectations.

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US job openings fall to 7.36 million in June

The decrease in available positions comes as hiring activity shows signs of slowing momentum.

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Economist Steve Hanke: AI costs can exceed human labor costs

Resource requirements and infrastructure investments challenge views of low-cost AI implementation

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Estonian electricity prices rose 20% year-on-year in July

Higher prices followed a regional drop in hydropower and reduced imports, despite record renewable output.

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Hong Kong June retail sales reach HK$31.5 billion

The retail sales value for the month reached HK$31.5 billion.

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France shuts down three nuclear reactors due to drought

Reduced river flows in the Meuse and Moselle trigger shutdowns and output reductions

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Bank of Japan's JGB Purchase Reductions Impact Markets

The central bank's plan to scale back bond purchases is improving market functioning and allowing long-term interest rates to form more freely.

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Only 8 of 29 European countries raised minimum wage in 2026

Eurostat data shows diverging fortunes: nominal increases in a few states.

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South Korea's July Inflation Slows to 2.8%, Below Expectations

Consumer prices ease for the first time in eight months on a monthly basis, though core inflation accelerates.

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Estonian police propose quarter-billion euro helicopter fleet expansion

Former official questions the necessity of the investment as maintenance delays impact current readiness.

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NY Fed President Williams sees gradual easing of inflation pressures

Williams signals willingness to hike rates if target trajectory is not met

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Turkey's July inflation recorded at 31.75% annually

Treasury and Finance Minister Mehmet Şimşek states disinflation process continues amid geopolitical risks

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Russia was top tourism source for Türkiye in first half of 2026

Germany and the United Kingdom follow as primary visitor markets during the six-month period

A traditional Turkish meal consisting of lahmacun, salad, and ayran on a checkered tablecloth.

Food and beverage becomes top tourism spending category in Turkey

Tourist expenditure on food and drink rose by 9 percent in the first half of the year.

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Swiss National Bank website outlines data collection and privacy protocols

The central bank's data portal details how user information is handled for analytics and third-party services.

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Turkey's Central Bank Announces Results of Digital Lira Ecosystem Applications

23 projects from banks and payment institutions advance to the third stage of the Digital Turkish Lira Project.

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Japan's factory output growth hits near 12-year high in July, PMI shows

The S&P Global Japan Manufacturing PMI eased slightly to 54.5, but new orders surged at the fastest pace since 2022, driven by strong semiconductor and AI demand.

Silhouetted industrial workers in a factory setting with smoke in the background.

China factory growth slows to 4-month low in July, survey shows

A private survey indicates that manufacturing activity in China weakened last month, with export-oriented firms seeing a slowdown.

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Turkey adds 2.1 GW of solar capacity in first half of 2026

Solar energy production reached a monthly record high in June as unlicensed facilities drive growth.

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Japanese companies reduce working hours due to extreme heat

Construction and real estate firms implement new schedules and cooling measures to protect employees from rising temperatures.

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Türkiye: High inflation and credit constraints shrink markets, says TOBB head

Rifat Hisarcıklıoğlu says exporters face global headwinds and domestic financial pressures, urging support without weakening inflation fight.

A variety of Euro and US dollar banknotes scattered on a surface.

Fed presidents dissent as US Federal Reserve holds interest rates steady

Three officials advocated for a 25-basis-point increase to combat persistent inflation