INT
Global growth trend is stable amid high uncertainties
The IMF sees stable but underwhelming global growth, with most major economies improving but China and US growth slowing
InternationalHigh uncertainty, low asset volatility raises risks
The IMF Financial Stability report highlights the disconnect between high uncertainties and relatively low volatility
InternationalUS Congress moves closer to stablecoin regulation
The latest draft Senate bill on stablecoin regulation takes Congress closer to implementing wider crypto rules
United StatesNew US data transfer rules will have limited reach
US policymakers have introduced new rules regulating data transfers to minimise the threat of foreign cyber campaigns
United StatesAiding millions of young jobseekers is key in China
Youth unemployment edged down to 17.6% from 18.8% but was still historically high above 17% for a third month
ChinaReversing Japan’s weak yen trend will take many years
The summer yen rally failed to gain momentum despite the gap between Japanese and US rates starting to close
JapanAsia’s coal use is likely to peak by 2030
China’s coal use, while rising, is close to peak consumption, although India and ASEAN’s use will increase for longer
InternationalNorth Korea ramps up ransom attacks
A recent report details a rise in the number of ransomware attacks by fake North Korean IT workers
North Korea