Economic News
US homebuilder sentiment improves in August
US homebuilder sentiment rebounded after hitting an eight-month low in July.
Advocacy group launches petition to halt Trump's Scottish golf resort
Last week, the Scottish Environment Protection Agency and the Scottish Natural Heritage made formal objections to a proposal made by Donald Trump that would see his Aberdeenshire golf course expand into a gaudy complex featuring a luxury hotel and 1,450 homes.
IATA reports air passenger growth at a 12-year high
The financial outlook for airline carriers is improving, as passenger yields begin to reverse a multi-year downtrend and amid increased demand for premium passengers - especially in Asia - as global trade picks up, the International Air Transport Association (IATA) said in its June - July Airlines Financial Monitor.
US import prices edge higher in July
The cost of purchasing goods from abroad if you're American increased last month on the back of a rise in energy costs.
Empire State index jumps in August, but some economists sceptical
Factory sector activity in the Federal Reserve bank of New York's jurisdiction accelerated noticeably in August, the results of a survey conducted by its staff revealed.
US July retail sales volumes jump past forecasts
The US consumer continued spending freely in July, particularly on motor vehicles and building materials.
UK house price growth eases for third month in row
UK house price growth softened for a third consecutive month, according to official figures published on Tuesday, as the market slips on political and economic uncertainty.
North Korea to watch US actions before deciding on Guam missile launch
According to North Korea's official news agency KCNA, Kim Jong-un has received paperwork from his army containing its plans to fire missiles towards Guam.
Chinese credit growth slows July
Credit growth in China rose slightly last month but economists expected the long-term downwards trend would reassert itself, weighing on growth.
Bank rate hike odds recede as inflation remains unmoved
UK inflation surprisingly held steady in July, reducing some of the pressure on the Bank of England for a rate hike but keeping up the squeeze on household budgets.
US Defence Secretary Mattis tells North Korea it's 'game on' over Guam
US Defense Secretary Jim Mattis cautioned North Korea that it would be "game on" if the rogue nation fired missiles towards the US or its territories, including Guam.
German GDP growth slows a little in the second quarter
Germany's economy slowed a tad in the second quarter with foreign trade exerting a drag on activity.