economy
125 articles • Page 2 of 3
The article discusses how subsidies for fossil fuels are causing economic and industrial drawbacks in the United States and European Union, potentially hampering economic growth as nations shift towar...
The article suggests that Singapore needs to create a new social compact as its GDP has tripled since the 1990s. The focus should be on fostering productivity, supporting entrepreneurship and encourag...
David Hou, a Chinese business owner who recently returned to Venezuela after eight years abroad, expresses concern over the U.S.'s alleged abduction of Venezuelan President Nicolas Maduro. Hou describ...
Morgan Stanley has upgraded the property sector of Hong Kong to ‘attractive’, citing an anticipated economic improvement and policy-driven recovery expected to continue pushing property prices higher ...
The article discusses Venezuela's current situation without justifications or excuses, touching on economic crises, political unrest, and the impact on civilians....
In 2025, US President Donald Trump's tariffs had significant economic implications, leading economists to predict a potential recession. However, despite these concerns, the U.S. economy showed surpri...
President Trump's criticism of the Federal Reserve and concerns over the US national debt exceeding $38 trillion are causing alarm among Asian policymakers and investors who hold large amounts of U.S....
Ukrainian President Volodymyr Zelensky provided an update regarding investments from Ukraine's partners into the country. Details of specific investments and investors were not disclosed....
Shopkeepers in Tehran continue protesting by closing their stores due to economic difficulties and currency depreciation. Iran's rial has reached record lows against the US dollar and euro on informal...
Recent data shows that despite breaking records with a $1 trillion trade surplus in the first 11 months of the year, China's official foreign exchange reserves have not significantly increased. This d...
The People's Bank of China set the reference rate for the yuan at its strongest level since October 2024 due to recent strengthening trends in the currency, including breaching the important US dollar...
Florida Governor Ron DeSantis has become one of the leading skeptics regarding artificial intelligence (AI), viewing it primarily through an economic lens. His concerns stem from potential labor displ...
Rodion Morozov, acting CEO of Ukrgazbank, commented on the International Finance Corporation's (IFC) equity conversion stance and highlighted that windfall taxes imposed by Ukraine can dissuade future...
The article provides an overview of recent news headlines and brief updates from AP as of 6:04 AM EST, covering a range of topics including politics, economy, health, technology, environment, entertai...
Japanese fund managers have sold the largest amount of UK government bonds (gilts) since 2011 due to rising bond yields in Japan that reduced demand for gilts. This move indicates increasing concerns ...
During a joint press conference in Ahmedabad on 12 January 2026, Prime Minister Narendra Modi stressed the significance of strong economic ties between India and Germany. He highlighted that this coop...
The article discusses Venezuela's current situation, emphasizing that it should be evaluated based on clear facts and without resorting to justifications or excuses from both the government and opposi...
Former Governor of the Bank of England and current Global Chief of Finance for the Transition Economy Programme at World Economic Forum, Mark Carney, is scheduled to meet with allies of Ukraine in Par...
The article discusses four potential trends and predictions for China in 2026, focusing on areas such as women's rights advancements, challenges and opportunities within the tech sector, particularly ...
India claims its economy has surpassed Japan's based on current estimates but final confirmation requires data expected in 2026. The country also expresses ambition to surpass Germany economically....
U.S. President Donald Trump has hinted that he may consider removing Jerome Powell from his position as the Federal Reserve Chair despite previously backing away from this idea in July due to adverse ...
The article discusses how policies and actions related to former US President Donald Trump have influenced operations at the Puerto de Altamira in Mexico, focusing on economic impacts and changes in t...
Over the Christmas holiday period (December 23-28), Hong Kong residents made approximately 2.73 million outbound trips, representing a 11% increase from last year's recorded figure of 2.36 million. Th...
The Ukrainian economy faces significant challenges with an inflation rate of 8%, while non-food prices remain static. This stagnation in non-food prices is not indicative of economic stability, rather...
Hong Kong's new high-speed rail routes connecting 16 mainland Chinese destinations have seen rapid sales success with seats selling out on the first day. MTR Corporation launched these additional link...
The Bank of Japan (BOJ) suggests it may consider further interest rate hikes as indicated by regional economic reports. Market observers anticipate that any future increases might occur at a pace of a...
Russian President Vladimir Putin has issued a set of instructions aimed at enhancing Russia's demographic situation and promoting economic growth. The details of these measures were not specified in t...
The Hong Kong residential property market saw an upsurge near year-end 2025 with a 6-month high of 5,883 deals closed in December. Despite this boost in volume, there was a slight slip in overall tran...
Venezuela has reportedly experienced an unprecedented surge in its 'pizza index', which is the cost of buying a pizza compared to local wages or economic indicators. This increase reflects severe econ...
Hong Kong experienced a retail sales increase of 6.5% year-over-year in November 2023, driven by improved local consumption and rising visitor numbers. Despite positive indicators, industry experts no...
Indonesia has become dominant in global palm oil production due to its natural advantages such as climate and land availability. This dominance supports millions of livelihoods and grants Indonesia si...
Citibank, U.S.-based financial institution, plans to sell its Russian subsidiary AO Citibank to Renaissance Capital. The decision comes despite facing significant currency translation adjustment losse...
The Hong Kong authorities challenged the recently released World Bank report that graded the city lower for business readiness. They argued that outdated data caused unfair evaluations. According to a...
Authors Robert Walker and Peter Navarro analyze the underinvestment in America's space program during the Obama-Clinton era, emphasizing a lack of strategic vision as well as economic constraints....
Yuichiro Tamaki, leader of Japan's Democratic Party for the People (DPFP), stated that in case of a snap election due to an early dissolution of the Lower House, it is likely that his party won't appr...
Over the new year period and subsequent three-day holiday, Hong Kong received approximately 660,000 visitors from mainland China, marking a 72% increase from the same period last year. The surge had s...
The article discusses potential stimulus payments that may be issued by the Internal Revenue Service (IRS) in January 2026, along with direct deposit relief measures. It also examines any prospective ...
European Union leaders have postponed making a decision regarding the proposal to use frozen Russian assets as an extraordinary loan of €140 billion for Ukraine until their next summit in December....
The article discusses predictions for economic trends in 2026 based on market reactions from 2025. It highlights that although markets focused beyond immediate news of shocks in the past, 2026 could p...
The article emphasizes that failing to lower export taxes may hinder Argentina's economic growth by reducing its potential exports. It suggests that this measure is crucial for stimulating the economy...
Russian President Vladimir Putin mentioned during an event that he views positively the performance of Russia's processing industries. No specific details or economic data were provided in the article...
Japanese Prime Minister Takaichi emphasizes economic security, highlighting both pre-existing commitments and current responsibilities as the nation's leader....
The article discusses how the current stock market trends are shifting away from technology companies dominating performance to other sectors gaining prominence. This phenomenon is referred to as 'The...
Hong Kong's Financial Secretary Paul Chan Mo-po faces a budget decision in the coming financial year with calls for increased spending despite forecasted public finances surplus. Chan needs support as...
According to an industry CEO, the year 2025 saw record-breaking activity in bond issuance on the stock exchanges of Estonia, Latvia, and Lithuania, with companies raising nearly €2 billion through the...
In 2025, courts declared bankruptcy for 154 companies, marking a decrease of 14 cases from the previous year....
The EU-Mercosur trade agreement, despite its potential benefits, may only add 0.05 percent to the EU's economy and has led to significant political disagreements within Europe....
Japanese household spending adjusted for inflation increased by 2.9% year-over-year, driven primarily by expenditures on automobiles and communication services....
Leaders recognize low domestic consumption as an issue but might lack effective measures to boost spending....
Under economist Muhammad Yunus’s interim government following the collapse of Sheikh Hasina's regime, Bangladesh inherited a banking sector in dire straits with non-performing loans exceeding 1.7 tril...