Tue, Feb 06, 2024
The pace of expansion last month was the slowest since the post-pandemic bounceback began, driven by firms completing outstanding business and therefore seeing their volume of work-in-hand fall for the first time in three years.
Tue, Jan 02, 2024
Countries ranging from large economies like Europe, and the UK to smaller ones, including Oman and Peru, want to have a free trade agreement with India due to the country's large and rapidly growing market, a report by economic think tank GTRI said.
Wed, Dec 20, 2023
The New Zealand government is starting a massive economic repair job to fix the country's "fragile economy", Finance Minister Nicola Willis said on Wednesday.
Tue, Dec 19, 2023
Bank of Japan news: The Bank of Japan maintained ultra-loose monetary settings on Tuesday in a widely expected move, underscoring policymakers' preference to await more clues on whether wages will rise enough to keep inflation durably around its 2 per cent target.
Wed, Dec 06, 2023
Ukraine received $37.4 billion financial aid from January-November this year, sources in the government said.
Sat, Nov 11, 2023
The slowdown comes off the back of October's general elections, analysts said, with Economy Minister Sergio Massa posting a surprisingly strong first-place finish despite the country's deepening economic crisis and radical libertarian Javier Milei trailing close behind.
Tue, Nov 07, 2023
The Reserve Bank of Australia (RBA) on Tuesday decided to raise the cash rate target by 25 basis points to 4.35 per cent, after keeping the rate on hold for four consecutive months.
Mon, Oct 30, 2023
Investors are playing close attention to this week's quarterly refunding announcement as a sharp jump in long-term Treasury yields has been partly attributed to concerns about the US fiscal deficit.
Fri, Oct 20, 2023
Powell in remarks to the Economic Club of New York agreed "in principle" that the rise in yields was helping to further tighten financial conditions and "at the margin" might lessen the need for additional Fed rate increases.
Fri, Oct 06, 2023
Households of two or more people spent an average of 293,161 yen ($1,975), dropping for the sixth consecutive month but easing from the 5 per cent fall in July, according to the Ministry of Internal Affairs and Communications.
Thu, Sep 28, 2023
The US's emergency oil stockpile has plunged to a 40-year low as the shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
Fri, Sep 22, 2023
The euro zone economy is likely contract this quarter and won't return to growth anytime soon, a survey showed, as the dampening effect of central banks' long campaign of interest rates rises becomes clearer.
Wed, Sep 13, 2023
Britain's economic output shrank by a larger-than-expected 0.5 per cent in July after growth of 0.5 per cent in June, the Office for National Statistics (ONS) said on Wednesday.
Sat, Sep 09, 2023
China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed, as deflation pressures ease amid signs of stabilisation in the economy.
G20 Summit 2023: US, India, Saudi Arabia, the United Arab Emirates, the European Union, and other G20 partners are set to explore the shipping and rail transportation corridor, which is aimed at aiding in the flow of commerce, energy and data from India across the Middle East up to Europe.
Thu, Sep 07, 2023
In a sign of growing pessimism over China, the government also said its monthly economic report for August that "concern over China's outlook" was among risks to Japan's recovery.
Tue, Aug 29, 2023
China's factory activity likely contracted for a fifth straight month in August, a Reuters poll showed on Tuesday, as weak demand threatens recovery prospects in the world's second-largest economy and pressures officials to prop up growth.
Wed, Aug 23, 2023
The market for carbon credits took a hit due to multiple reasons, including Russia-Ukraine war, interest rate hikes, and reduced demand leading to falling prices up to 80 per cent, Manish Dabkara, CMD of EKI Energy Services, said.
Thu, Aug 17, 2023
China's government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry's shaky finances and their impact on the struggling Chinese economy.
Fri, Aug 04, 2023
The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions.
Egypt's Central Bank is hiking interest rates as the cash-strapped North African country continues to battle surging inflation and a depreciating currency.
Wed, Jul 19, 2023
Inflation in the UK has fallen by more than anticipated to a 15-month low, official figures showed on Wednesday, a development that may ease the pressure on the Bank of England to raise interest rates sharply over the coming months, to the potential relief of struggling households.
Mon, Jun 26, 2023
Global future economic growth will be slower than predicted, with developing nations taking longer to close the wealth gap and approach the income of wealthier nations, a new study has predicted.
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