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The Latest Breaking News from Economy

Vietnam President Resigns, Economy Direction Uncertain

Vietnam's president resigns, leaving the country's economic and political future uncertain. Investors and businesses watch closely for potential impacts on...

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.

International Business Times

CEOs are more optimistic about the global economy because they expect interest rate cuts

CEOs are more optimistic about the global economy because they expect interest rate cuts

In a new poll, 27% of CEOs said they were optimistic about the global economy, up from 7% last fall.

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Malaysia's Central Bank Urges Reforms As Economy Strengthens

Bank Negara Malaysia calls for reforms to strengthen economy, boost innovation, and ensure sustainability for Malaysia's economic growth.

Thailand Implements 'Digital Wallet' Handout Scheme For Economy

Thailand's 'digital wallet' scheme enhances financial support through technology, fostering economic development and digital innovation.

Mexico Central Bank Likely To Cut Key Interest Rate

Anticipated rate cut by Mexico central bank to stimulate economy and support recovery efforts amidst challenges.

The DOE Finalizes New Mileage Rules To Boost EV Sales

The updated rules would allow carmakers to build more ICE cars through 2030, and still meet CAFE standards.

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Labour to make fighting global heating a priority for Bank of England

Labour to make fighting global heating a priority for Bank of England

Shadow chancellor to use annual Mais lecture to set out plans to green the economy if party wins election

The Guardian - UK

Increased R&D spending to boost economy by $100 billion

Increased R&D spending to boost economy by $100 billion

Australia must increase research funding or lag behind the rest of the world, one of the nation's peak commercialisation scientists warns.

Will Positive Economic Outlook Stall Expected Fed Rate Cuts?

Will Positive Economic Outlook Stall Expected Fed Rate Cuts?

Rising confidence in the U.S. economy prompts skepticism about anticipated Federal Reserve rate cuts, raising doubts about future monetary policy adjustments.

International Business Times

Economy and Society, March 19, 2024: Appeals court pauses implementation of SEC climate rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

India can sustain 8% GDP growth: RBI bulletin

India can sustain 8% GDP growth: RBI bulletin

India's economy poised for growth with 8% GDP, strong fundamentals, and investment opportunities in infrastructure and technology.

Bank Of Japan Raises Interest Rates After 17 Years

Bank Of Japan Raises Interest Rates After 17 Years

Bank of Japan raises benchmark interest rate for the first time in 17 years to support economic recovery and stability.

Sunak and ministers stoking division over UK’s net zero target, warns Ed Miliband

Sunak and ministers stoking division over UK’s net zero target, warns Ed Miliband

Labour shadow energy minister will use speech to say Tory approach is also leading to higher bills

The Guardian - UK

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'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

BOJ To End Negative Interest Rates And Yield Curve Control

The Bank of Japan is changing its monetary policy by ending negative interest rates and yield curve control to stimulate the economy amidst global economic...

Green Hydrogen Emerges As Key Player In Global Energy Transition

Discover how green hydrogen, a renewable energy source, is reshaping global economy and decarbonizing hard-to-abate sectors. Explore the potential for a cl...

British Luxury Sector Worth 81 Billion Pounds Annually

Discover the significant impact of the British luxury sector on the UK economy and its potential for further growth.

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Pakistan Central Bank Maintains 22% Interest Rate

State Bank of Pakistan maintains 22% interest rate to stabilize economy amidst challenges like inflation and currency depreciation.

Russia withstands Western sanctions as war economy proves profitable

President Vladimir Putin has been re-elected to a fifth term in office after a vote in which he faced no real opposition. Since the full-scale invasion of Ukraine in February 2022, Russia has become the most sanctioned country in the world. But the Russian economy has proven surprisingly resilient, with…

Are Migrants Harmful to the U.S. Economy? On the Contrary, Reveals a New Study

As new waves of immigration reach the U.S., new discourse of their effect on the economy emerges. Despite controversy, the impact seems to not be detrimental

International Business Times

China Retail Sales Show Shaky Economic Recovery

The performance of China's economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.

EU Announces Billion Aid Package For Egypt

EU unveils billion aid package for Egypt to boost economy and manage migration pressures.

The Guardian - UK

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

The Guardian - UK

The UK economy is a long way from blossoming despite glimmers of hope

A deeper recession was avoided only thanks to record immigration, and the MPC is bound to be cautious about cutting interest rates

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