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The Latest Breaking News from Economy

Japan's December Jobless Rate Drops to 2.4%

The jobless rate in Japan dropped to 2.4% in December, signaling a positive trend in the country's economy and reduced unemployment levels.

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Japan PM Pledges to Boost Household Income Through Various Measures

Japanese Prime Minister pledges to take all necessary measures to increase household income, addressing the need to boost the country's economy.

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Oil prices rise due to Middle East tensions, China economic concerns

This article discusses how tensions in the Middle East have caused oil prices to rise, but concerns about China's economy are capping the gains.

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From analysis to the latest developments in health,
read the most diverse news in one place.

IMF warns Jeremy Hunt against tax cuts in budget

Lower tax levels may not be possible without extra borrowing or post-election spending reductions, says Washington-based body

The Guardian - UK

Indonesia's Finance Minister Optimistic About Stable Rupiah Outlook

Discover the latest insights on Indonesia's economy as its Finance Minister predicts a stable outlook for the rupiah, with an upside bias. Stay informed.

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German Economy Shrank At End Of 2023: Data

The German economy contracted at the end of 2023, official data showed Tuesday, the latest gloomy news for Europe's export powerhouse as it battles high inflation and a manufacturing slowdown.

International Business Times

GM bullish on US economy, optimistic for 2024 growth

General Motors (GM) is optimistic about the future, projecting a positive outlook for 2024 and placing its bets on the resilience of the US economy.

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Eurozone Narrowly Dodges Recession

The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.

International Business Times

Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

The Guardian - UK

Here's what to know about the collapse of China's Evergrande property developer

In 2018, Evergrande was listed as the world's most valuable real estate company. But on Monday, a Hong Kong court ordered it to be liquidated.

WEKU

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

The Guardian - UK

Growth mania can be injurious to society

It should matter to us that it matter to us that the growth in India is unequal and as India is a democracy, it is not in the spirit of democracy to have such divergent economic outcomes

The Hindu

Senator Elizabeth Warren calls for Fed to cut interest rates

In this interview, Senator Elizabeth Warren discusses the border talks and her stance on the proposed bill, as well as her views on the economy and her cal...

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US Leads Global Economy with Strong GDP Growth Despite Challenges

Discover how the US economy is thriving compared to other nations, with strong GDP growth, robust stimulus spending, and favorable gas prices benefiting co...

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Thai economy in recession, seeks boost - deputy Finance Minister

The Thai economy is currently facing a recession and requires a boost, according to the Deputy Finance Minister. A closer look at the challenges and potent...

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ECB Policymakers Clash Over Timing of Next Rate Cut

This article discusses the differing opinions among policymakers at the ECB regarding the timing of the next interest rate cut, highlighting the possibilit...

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Taiwan's Q4 Economic Growth Rebounds with Strong Domestic Demand

The Taiwan economy is projected to experience a boost in Q4 due to increased domestic demand and an export rebound, according to a Reuters poll.

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China's Growth Model Spurs Trade Conflicts: Analysis

China's growth model focused on exports and state intervention in the economy has led to increased trade conflicts. Learn more on the analysis of China's t...

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Shell's onshore asset sale brings uncertainty to Nigeria's oil sector

Learn about the implications of Shell's onshore asset sale in Nigeria on the country's oil industry, heralding an uncertain new era.

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US Economic Expansion Hinges on Nimble Federal Reserve

The US economic expansion relies heavily on the Federal Reserve's ability to adapt quickly to changing circumstances, highlighting the importance of a nimb...

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China's Vice Premier Urges Support for Listed Firms Amid Market Rout

China's Vice Premier calls for increased support for listed firms in the midst of a market downturn, highlighting the importance of bolstering the economy.

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Hong Kong court orders Evergrande Group to liquidate, impacting property sector

The court ruling to liquidate Evergrande, one of China's largest property developers, could have far-reaching implications for China's property sector and ...

International Business Times

Netflix, Tesla And Intel Take Wall Street For A Wild Ride, But The Rally In Stocks Remains Intact

The continuation of the rally in equities, which took the S&P 500 and the Dow Jones to yet new highs, came as bond prices and yields remained steady.

The Guardian - UK

Secret EU plan ‘to sabotage Hungarian economy’ revealed as anger mounts at Orbán

Brussels’ fury grows over Budapest’s ‘policy of blackmail’ in continuing to hold up £50bn support package

The Times of India

Explainer: Why China Evergrande Group, world's most indebted real estate developer, was ordered to liquidate and what happens next

China Evergrande Group, once China's top-selling developer and now world's most indebted real estate company, was ordered by a Hong Kong court to undergo liquidation due to its inability to manage an overwhelming debt load and to reach an agreeable restructuring plan with its creditors.

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Evergrande

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