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The Latest Breaking News from Economy

China Maintains Benchmark Lending Rates As Expected

China keeps benchmark lending rates unchanged to stabilize economy amid global uncertainties and challenges.

Top News

Australia's Treasurer Concerned About Global Economy Amid Mideast Tensions

Australia's treasurer expresses concerns about the impact of Middle East tensions on the global economy, highlighting the need for vigilance and preparedne...

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Uttam asks KCR to apologise to people for ‘destroying’ Telangana

Telangana Irrigation Minister criticizes KCR's 10-year rule, accusing him of neglecting public welfare and mismanaging the economy.

The Hindu

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Preparing India for water stress, climate resilience

World Earth Day 2024: India must note that a water-secure economy is the first step towards a climate-resilient one

The Hindu

More cost of living relief on cards in federal budget

Ahead of the May federal budget, Treasurer Jim Chalmers has flagged more cost of living relief that will need to take pressure off inflation, not add to it.

AAP

The Hapur story: cow, Muslim, and the bovine economy

The Muslim Rajput and Hindu Rajput-dominated villages hit the headlines in 2018 when Qasim, a cattle trader, was lynched on the boundary of the two villages and self-styled cow vigilantes grievously injured a witness; Muslims in Hapur say they have become used to living in fear and dealing with the…

The Hindu

Ten Years to Save the West by Liz Truss review – economical with the truth about her own downfall

The former PM’s whingeing, unintentionally hilarious and scapegoating rant about the economy-crashing disaster of her time in No 10 is best read as a cautionary tale of hubristic zeal

The Guardian - UK

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Most difficult global outlook since 1930s heralds end of US-led world order

IMF has revised up growth forecasts but medium-term prospects remain poor as globalisation goes into reverse

The Guardian - UK

Latinos feel hopeful and optimistic about their finances and economy in new survey

A new study conducted by Florida Atlantic University shows that the Hispanic Consumer Index rose in the first quarter of 2024, compared to the last one of 2023

Latin Times

Israel Holds Palestinian Economy Captive, Say Analysts

The Gaza war is speeding up Israel's "annexation" of the Palestinian economy, say analysts, who argue it has been hobbled for decades by agreements that followed the Oslo peace accords.

International Business Times

South Australia tops economic leaderboard again

South Australia is the top-performing state economy for the second quarter running although Western Australia could overtake it in coming months.

AAP

IPL 2024, Week 4: TOI's Team of the Week

There were four centuries struck by openers and equally impressive bowling displays in week number four of the 2024 season of the Indian Premier League.

The Times of India

IMF Committee Acknowledges Conflicts Risk, Opts Against Joint Communique

IMF committee discusses risks of conflicts impacting global economy but refrains from issuing joint communique due to differing opinions.

Top News

IMF Urges Caution To Bank Of Japan On Interest Rates

IMF urges caution to Bank of Japan on interest rates to avoid derailing economic recovery.

Top News

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AAP

Global tensions, China slowdown casts budget shadow

The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.

Top News

Bank Of Korea Chief Monitoring Middle East Tensions For FX

Bank of Korea closely monitoring Middle East tensions for potential economic impacts on South Korea.

Evening Standard

Only one person can save the economy now… Gareth Southgate

City Comment: A good run for England at the Euros might be the only way to get the tills ticking over again

Top News

Fed Policymakers Cautious On Rate Cuts, No Rush Indicated

Federal Reserve policymakers are taking a cautious approach to interest rate cuts to ensure stability and informed decisions in the economy.

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Top News

Indonesia's March Trade Surplus Expected To Expand

Learn about Indonesia's widening trade surplus in March and its implications for the economy amidst global challenges.

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UK Economy Faces Challenges Amid Slow Growth And High Debt

Learn about the challenges facing the UK economy, including slow growth, high debt, and the impact of upcoming elections on economic stability.

Top News

German Producer Prices Decrease By 2.9% In March

Learn about the decline in German producer prices, driven by weakened demand and lack of pricing power, posing challenges for the economy.

AAP

Tariff relief boost for Ukraine as Australia lifts aid

Australia will extend relief off Ukrainian manufactured goods to help the country's economy as it fights off Russia's invasion.

Top News

IMF Warns Of Stubborn Inflation And Rising Government Debt

IMF chief raises concerns about global economy resilience, focusing on inflation, debts, and productivity challenges.

Barchart

Dollar Climbs as T-Note Yields Rise and Stocks Fall

The dollar index (DXY00 ) Thursday rose by +0.16%. The dollar recovered from early losses and moved higher Thursday after T-note yields climbed on signs of strength in the US economy when weekly jobless claims were unchanged. Also, the April Philadelphia Fed business outlook survey unexpectedly rose to a 2-year...

StockNews.com

Are OXY and XOM Ready to Fuel Up Investors' Returns in 2024?

Geopolitical tensions and a potential disruption in supply are boosting the energy sector’s prospects. However, a slowdown in the global economy and a delay in interest rate cuts pose demand concerns for the sector. Let's analyze the investment prospects of Occidental Petroleum (OXY) and Exxon Mobil (XOM).

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