China’s annual consumer inflation reached 0.1% in June, slightly above market expectations of a 0.1% decline, according to data released Wednesday by the National Bureau of Statistics.
This marks an increase from May’s figure of -0.1%, as the country focuses on boosting domestic demand and benefits from a rebound in industrial consumer goods prices, Xinhua reported.
The core consumer price index, which excludes food and energy, rose 0.7% year-on-year in June, an increase of 0.1 percentage points compared to May.
On a monthly basis, consumer prices slipped by 0.1%.
Meanwhile, producer prices fell 3.6% year-on-year in June.
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The leaders of Britain, France and Germany held a call with U.S. President Donald Trump on Wednesday (10 December) to discuss Washington's latest peace efforts to end the war in Ukraine, in what they said was a "critical moment" in the process.
Central Asia has been one of the important arenas of international geopolitics, dictating power dynamics with its abundant natural resources and strategic location.
Public spending watchdog says billions were wasted on temporary housing, while Downing Street confirms it will not follow Australia’s lead on age-restricting digital platforms.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11th of December, covering the latest developments you need to know.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
Ukraine "deeply appreciates" the humanitarian support of Pope Leo XIV. This was stated by Ukrainian President Volodymyr Zelenskyy after a meeting between the two at the papal residence of Castel Gandolfo, on Tuesday, 9 December.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
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