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The Latest Breaking News from Economy

Hong Kong court orders Evergrande liquidation, impact on China's property sector

The court ruling to liquidate Evergrande, China's largest property developer, could have far-reaching implications for China's economy and real estate sector.

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Woman Asks For Seat She Paid $600 Extra For, Disappoints Staff And Other Passengers

“The flight wasn’t due to leave for another 27 minutes.” The post Woman Asks For Seat She Paid $600 Extra For, Disappoints Staff And Other Passengers first appeared on Bored Panda.

Bored Panda

Hungary Minister Expects Decision on New Reference Rate Soon

Hungary's economy minister anticipates a decision regarding the introduction of a new reference rate for lending next week. Stay informed about Hungary's f...

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Voters think Labour would be better than Conservatives on housing and house prices

Opposition would do better on issues including the economy, health, education, the environment, immigration and crime, public says

The Guardian - UK

China's Industrial Profits Decline by 2.3% in 2023

Learn more about China's economy as industrial profits decline by 2.3% in 2023. Explore the factors affecting this trend and its potential implications.

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Private investment should pick up to boost production sector: K. N. Balagopal

Finance Minister K. N. Balagopal on Saturday stressed the need for private investment to go up for revving up the economy.

The Hindu

Has the war on Gaza hurt Israel’s economy?

While some sectors like tech have continued to see activity, others like tourism and construction have nosedived.

Al Jazeera

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Rajasthan Governor announces Economic Revival Task Force on Republic Day

Rajasthan Governor Kalraj Mishra announced the formation of an Economic Revival Task Force to prepare a roadmap for strengthening the State’s economy

The Hindu

'Crime is Down, Jobs are Up': Takeaways from Mayor Eric Adams' State of the City Address

Mayor Eric Adams gave his third state of the city address, focusing on the decrease in crime and the power of social media.

Latin Times

UK consumer sentiment reaches two-year high as inflation decreases

The latest data from GfK shows that UK consumer sentiment has reached a two-year high, thanks to a reduction in inflation levels.

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Tokyo Inflation Slows, Failing to Reach BOJ's 2% Target

Inflation in Japan's capital city falls short of the central bank's 2% target, indicating a slowdown in the country's economy.

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Eurozone Inflation Plunges, Defying Predictions

This article highlights the latest data on euro zone inflation, which is decreasing at a faster rate than anticipated. Stay informed about the impact on EC...

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Josh Hawley Thinks the White House Can Force an Aluminum Plant To Stay Open

Should there be any limits to a president's power to centrally plan the economy? Apparently not.

Reason

Irish Q4 GDP Contracts 0.7% in Preliminary Estimate

Preliminary estimates show that Irish GDP contracted by 0.7% in the fourth quarter of the year. This downturn in the economy can help us understand the cur...

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Biden to Hit the Road, Highlighting Economic Accomplishments

New data shows progress toward Fed's inflation goals. While economy improves, Biden's approval rating lags. White House aims to connect accomplishments to ...

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Inflation Cools as Economy Grows, Boosting Biden's Re-Election Prospects

The latest inflation data shows prices rising at a modest pace, easing concerns and potentially paving the way for the Federal Reserve to cut interest rates.

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Philippine Central Bank Governor Foresees Further Rate Hike Potential

The Philippine central bank governor believes there is potential for another hike in interest rates, signaling a possible move towards monetary tightening.

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Brazil's Inflation Below Expectations Ahead of Rate Decision

Discover how Brazil's inflation rate has surprised analysts by being well below expectations ahead of the country's upcoming rate decision.

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China Implements Measures to Boost Financial Markets and Economy

China launches new policies to support financial markets and boost economic growth. The measures aim to address real estate market challenges and generate ...

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Asian shares lower on slowing inflation, upbeat US economy

Asian shares mostly lower despite positive U.S. economy news; Japan's inflation slows faster than expected. Wall Street hits record highs.

International Business Times

India Fetes France's Macron At Annual Military Parade

President Emmanuel Macron was guest of honor Thursday for India's pomp-filled annual military parade, in a state visit aimed at shoring up France's strategic ties with the world's fifth-largest economy.

Al Jazeera

In Hong Kong, decades of wealth gains evaporate on China’s watch

Hong Kong’s stock market is lower today than it was in 1997 when the territory returned to Chinese sovereignty.

International Business Times

Pioneering Change: Stephen Thomello Matsasa's Vision For Catalyzing The Gig Economy

Stephen Thomello Matsasa, a self-taught software developer and freelancer, recognizes the potential and challenges brought by the gig economy's surge. At the age of 24, he boasts of a decade-long experience in writing software.

Caixin Global

Weekly Must-Read: How Can China Deal With Deflationary Pressure?

Although China’s economy showed signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signaling a persistent decline

International Business Times

Asian Equity Rally Fades Despite Wall St Records Sparked By US Data

The rally in Asian markets petered out Friday, with profit-takers paring three-day surges in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.

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