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The Latest Breaking News from Economy

Grid expectations: how upgrading the UK’s energy system will touch your life

The most ambitious upgrade to the UK’s electricity grid in generations is under way – and it will have an impact on all of us

The Guardian - UK

China's Economic Woes Far From Over, Despite Optimistic Growth Goal

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Western nations but for China a far cry from the breakneck expansion that powered its rise.

International Business Times

Jeremy Hunt ‘to cut national insurance and freeze fuel duty’ in budget; bitcoin hits record high over $69,000 – as it happened

Reports that chancellor will cut national insurance by a further two percentage points tomorrow, as UK private sector growth rises

The Guardian - UK

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UK spends least among major European economies on low-carbon energy policy, study shows

Britain spent about £26.2bn in three years on low-carbon measures, less than Italy, Germany, France and Spain, Greenpeace finds

The Guardian - UK

Japan Denies Ending Deflation Amid Economic Concerns

Japanese government refutes reports of ending deflation, highlighting need for sustained growth and stability in the economy.

Top News

China sets challenging GDP target in face of regional tensions and ageing population

Economists say 5% target is ambitious, as premier Li Qiang tells annual gathering that global economy and problems at home are presenting hurdles to recovery

The Guardian - AU

China's Leaders Set Five Percent Growth Goal For 2024

China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy.

International Business Times

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‘Two sessions’: China sets 5 percent growth target, boosts military budget

Beijing sets one of its lowest targets in decades amid property crisis, slowing exports and population decline.

Al Jazeera

China's Leaders To Set Growth Goals As Economic Woes Mount

China is set to unveil some of its lowest growth targets in decades when top Communist Party officials begin an annual meeting Tuesday, as the world's second largest economy faces dire headwinds.

International Business Times

Companies Seeking To Lead Must Heed Booming Green Industry And Circular Economy, Says Global GreenTag

With consumers being more aware of the state of the environment, there is a growing demand for products and services that do not harm the environment and, in some cases, even have a net positive effect.

International Business Times

EU Shifts Arms Industry To War Economy Mode

EU transitioning arms industry to 'war economy mode' to enhance defense capabilities and self-reliance.

Top News

AI threatens anti-corruption fight amid economic boost

Artificial intelligence could boost NSW's economy and make it hard for its citizens to trust the government, as an inquiry considers the technology.

AAP

Economy unlikely to have contracted but growth muted

The Australian economy looks to have narrowly missed a quarter in decline based on economic indicators released ahead of official growth figures.

AAP

Karnataka wants to be $1 trillion economy by 2032, says M.B. Patil

Karnataka aims to become a $1 trillion economy by 2032, focusing on sustainable growth and global partnerships.

The Hindu

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Top News

China's Economic Challenges And Strategies For Recovery

China's national legislature tackles economic challenges amidst slowing growth and market uncertainties. President Xi Jinping leads efforts to address job ...

The Hindu

Key projects in power, road and railway infra will accelerate pace of Telangana’s development, says PM Modi

Prime Minister Modi inaugurates multiple projects in Adilabad, which he said will boost Telangana's development and economy.

Top News

Taylor Swift's Concerts In Singapore Set To Boost Tourism Economy

Taylor Swift's concerts in Singapore are a strategic investment in tourism and cultural appeal, boosting the city-state's economy and international profile.

Newcastle Herald

Net Zero Economy Authority remains a work in progress a year on from launch

Net Zero Agency has been consulting about transition needs.

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Top News

Thailand's Q4 Employment Boosted By Tourism Growth

Thailand's economy saw positive growth in Q4 with increased employment driven by tourism, signaling resilience and potential for further development.

International Business Times

China's Economy Of 'Great Concern' As Annual Political Meeting To Kick Off

China's annual political conclave kicks off in Beijing on Monday, with officials saying the flagging economy and youth unemployment are of "great concern" as they lay out plans for the coming year.

Al Jazeera

Japan’s Nikkei stock index passes 40,000 for first time amid AI fanfare

Nikkei 225 gains as much as 1 percent after last month beating 1989 record.

France 24

Soaring petrol prices in Cuba are a cause of great concern for Havana residents

The price of petrol in Cuba has risen by 500 percent since Friday. The ruling Communist Party says it has introduced this measure as part of a major stabilisation plan to get the Cuban economy back on its feet. But after years of facing a deepening economic crisis, Cubans fear…

The Hindu

Facts and statistics: On the national income data released by the National Statistical Office

There must be a sober analysis of the real state of the economy that draws on multiple statistical sets

Top News

Toyota To Invest Billion In Brazil

Toyota's billion investment in Brazil's automotive industry set to boost economy and create opportunities.

Top News

Trump Leads Biden In Hypothetical General Election Matchup

Poll results show Trump leading Biden, dissatisfaction with Biden's leadership on economy and border security.

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