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The Latest Breaking News from Economy

Asian Markets Rise As China Economy Tops Forecasts, Gold Hits Record

Investors have been clamouring for Beijing to deliver more concrete plans for the country's stuttering economy since last month's slew of stimulus announcements that had fanned hopes officials would unload the "bazooka" policy many have been calling for.

Latin Times

Wealthier Americans are driving retail spending and powering US economy

It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace

The Independent UK

UK firms in ‘significant financial distress’ hits record levels; Gold rises over $2,700/ounce – as it happened

“Toxic effect of high inflation” is hurting businesses, reports Begbies Traynor

The Guardian - UK

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Stock market today: Asian shares gain as China releases plan for market support

Asian shares are higher after China's central bank released plans for supporting stock markets through share repurchases

The Independent UK

China posts slowest growth since aftermath of ‘zero COVID’ curbs

World’s second-largest economy grows 4.6 percent in third quarter amid weak consumer demand and property woes.

Al Jazeera

China posts slowest economic growth in 18 months as optimism fades over stimulus

Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector

The Guardian - AU

Vicente Gonzalez and Mayra Flores clash in fiery South Texas congressional debate

In their only debate before Election Day, Gonzalez and Flores traded jabs over the economy, immigration and abortion, and regularly spoke over each other.

The Texas Tribune

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China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter

The Independent UK

Weekly Must-Read: China May Add 6 Trillion Yuan in Treasury Bonds to Buttress Economy

The issuances would take place over three years as part of its latest fiscal stimulus measures, sources tell Caixin

Caixin Global

Can NZ’s supply chain build enough resilience and sustainability to survive the next global crisis?

New Zealand is highly reliant on trade – particularly on maritime routes, which are lifelines for exports and imports. Key sectors such as agriculture, construction, and wholesale and retail trade depend heavily on this global network.

The Conversation

Global Finance Leaders Navigate Uncertainty Amid U.S. Election

Explore the potential impact of the U.S. presidential election on global economic policies and the IMF and World Bank's roles in maintaining economic stabi...

Top News

China Expected To Post Slowing Growth As Economic Woes Drag

China is expected to post its slowest growth in a year and a half on Friday, as Beijing struggles to steady an economy shaken by sluggish spending and persistent property sector woes.

International Business Times

Stocks Settle Mostly Higher on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down by -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.08%. Stock indexes on Thursday settled mixed, with the Dow Jones Industrials...

Barchart

3 Global Stocks to Buy for International Diversification

As the global economy shifts with changing central bank policies and varied growth rates, investing in fundamentally sound stocks like Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), and Rio Tinto Group (RIO) could help diversify your portfolio and mitigate domestic risks. Read on….

StockNews.com

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Kiplinger

Ballot Initiatives to Know: Kiplinger Election Updates

The latest election updates on what candidates are saying as it concerns people's finances, along with commentary and analysis from Kiplinger experts.

The Conversation

The UK’s new industrial strategy is welcome, but here’s what is missing

The UK government’s plan to create a new industrial strategy is a welcome attempt to steer Britain’s economy through the challenges of the 21st century. Amid a backdrop of global economic uncertainty, a clear focus on achieving growth is essential.

Fortune

Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget

Foreign companies are flocking to the safe haven of Malaysia: “This investment cycle is something we have not seen for a long time.”

Al Jazeera

Is China’s new stimulus enough to revive its economy?

China is trying to revive its economy from a COVID-era slump, but is it doing too little, too late?

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news in one place.

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The Guardian - UK

Why is Germany shooting its own stagnating economy in the foot?

A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon

Pedestrian.tv

NSW Govt Proposes New Noise Complaint Reforms In Another Bid To Revive Sydney Nightlife

Night-time Economy Minister John Graham said the changes will ease “friction” between venues and neighbours.

International Business Times

China To Boost Credit For Property Market, Renovate 1 Mn Homes

China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to reignite the economy.

International Business Times

Lower Rates, Surging Stock Market Fail To Ignite US IPO Market

Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs.

StockNews.com

2 Stocks to Watch for Exposure to the Green Economy

The green economy is compelling for investors due to significant growth in renewable energy, government support, and increased capital expenditure, making stocks like NextEra Energy (NEE), and Duke Energy (DUK) must-watch opportunities now. Read on.

Fortune

Degree requirements are holding back company profits and a roaring economy, experts say

Skills-based hiring was the talk of the town at the Fortune Most Powerful Women Summit in California this week.

StockNews.com

3 European Stocks to Buy as the Region Recovers

Recent data reveals that the eurozone economy has narrowly skirted a recession, showing lukewarm yet positive growth. With the EU and euro area expected to grow steadily over the next two years, investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Shell plc (SHEL) could be beneficial.…

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