September 9, 2024

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed today.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month (August 2024),

Death Toll from Typhoon Yagi in Vietnam Rises to 24

At least 24 people have died, and 299 others have been injured over the past two days due to Typhoon Yagi, the strongest storm to hit northern Vietnam in the past 30 years.

The storm has been followed by

European Shares Rebound After Worst Week in over a Year

European stocks started the week higher, with investors awaiting economic data that could lead to a European Central Bank interest rate cut later in the week.

The pan-European STOXX 600 index was up 0.5 percent, after posting its worst

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