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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All six U.S. service members aboard a plane that crashed in western on Iraq on Thursday have died, the U.S. military confirmed on Friday (13 March). Meanwhile, one French soldier was killed in a drone attack in the Erbil region of northern Iraq, President Emmanuel Macron announced.
The treatment of some detainees in Georgia “has arguably reached the threshold of torture”, a probe into the country’s human rights situation backed by 23 OSCE members has found.
In times of geopolitical upheaval, nuance is often the first casualty. Complex realities are reduced to convenient narratives and countries caught in the crosscurrents of regional tensions find themselves portrayed through a single, often misleading lens.
Israeli Prime Minister Benjamin Netanyahu issued veiled threats to Iran’s new Supreme Leader, Mojtaba Khamenei, and Hezbollah on Thursday (12 March), during his first press conference since the conflict with Iran began.
Israel and Iran continued to exchange strikes on Friday (13 March), as the U.S. and French militaries reported deaths in Iraq, and the U.N. launched a $325 million appeal to help Lebanon, where a seventh of the population have left their homes since fighting began.
The U.S. should shut down its military bases in the Middle East, Iran's new Supreme Leader Mojtaba Khamenei said on Thursday (12 March). His words were read out by a broadcaster on state Iranian television.
Israeli Prime Minister Benjamin Netanyahu issued veiled threats to Iran’s new Supreme Leader, Mojtaba Khamenei, and Hezbollah on Thursday (12 March), during his first press conference since the conflict with Iran began.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
At least 64 people have been killed in southern Ethiopia following recent landslides and floods, the regional government’s communications office said on Thursday (12 March), citing local police
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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