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Today: March 26, 2025
Today: March 26, 2025

economic growth

Asia|Business|Economy|Political|World

China slams US tariffs, says its economy is resilient but there are no winners in a trade war

China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."

China slams US tariffs, says its economy is resilient but there are no winners in a trade war
Asia|Business|Economy|Europe|Finance|Stock Markets

Nasdaq confirms correction, dollar weakens as tariff news fuels unease

Stock indexes fell sharply and the dollar eased on Thursday, with the Nasdaq confirming it has been in a correction since peaking last December, as more

Nasdaq confirms correction, dollar weakens as tariff news fuels unease
Business|Economy|Europe|Finance

ECB governors see growing chance of April pause before cutting resumes, sources say

European Central Bank policymakers see a growing chance of a pause in their easing cycle at their next meeting before rates come down again, once they have greater clarity about

ECB governors see growing chance of April pause before cutting resumes, sources say
Business|Economy|Finance|US

US fourth-quarter worker productivity revised higher

U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb labor costs and providing a boost in the fight against inflation. 

US fourth-quarter worker productivity revised higher
Asia|Business|Economy

Japan's largest union group sees biggest wage hike demand in over 30 years

Japan's largest labour union umbrella group is seeing its member unions demand the biggest salary increase in over 30 years as both the

Japan's largest union group sees biggest wage hike demand in over 30 years
Business|Economy|US

US trade deficit hits record high in January on imports surge

The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first

US trade deficit hits record high in January on imports surge
Business|Economy|Europe|Finance|Political|US

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy
Business|Economy|Europe|Finance|Political|Stock Markets

ECB cuts rates again, euro rallies

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the U.S. and plans to boost military spending

ECB cuts rates again, euro rallies
Business|Economy|Finance|MidEast|Stock Markets

Most Gulf markets in red on tariff war worries

Most stock markets in the Gulf ended lower on Thursday amid U.S. tariff uncertainties, although First Abu Dhabi Bank drove the Abu Dhabi index higher.

Most Gulf markets in red on tariff war worries
Asia|Business|Economy|Finance

Malaysia central bank holds key rate steady, flags cloudy global outlook

Malaysia's central bank kept its benchmark interest rate unchanged on Thursday, expecting economic activity to remain strong this year and inflation manageable

Malaysia central bank holds key rate steady, flags cloudy global outlook
Asia|Business|Economy|Finance|Political|US

China's exports likely slowed at start of year as U.S. trade clouds gather: Reuters poll

China's exports growth likely slowed in the January-February period, partly due to Lunar New Year disruptions, as escalating tariff pressures from the

China's exports likely slowed at start of year as U.S. trade clouds gather: Reuters poll
Business|Economy|Europe|Finance

Goldman Sachs raises 2025 economic growth forecast for Germany, Euro area

Goldman Sachs raised its economic growth forecast for Germany this year, citing the prospect of increased military and infrastructure spending, and also upgraded the growth estimate for

Goldman Sachs raises 2025 economic growth forecast for Germany, Euro area
Asia|Business|Economy|Political

Sustaining economic growth and other takeaways from the start of China's legislative session

Sustaining economic growth by raising domestic consumption is one of the priorities for China's government this year

Sustaining economic growth and other takeaways from the start of China's legislative session
Asia|Business|Economy|Political|World

China keeps its economic growth target at 'around 5%' for 2025

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds

China keeps its economic growth target at 'around 5%' for 2025
Business|Economy|Europe|Finance|Political

UK's Reeves working to get budget goals back on track

British finance minister Rachel Reeves is working out how she can get back on track to meet her budget targets, with spending cuts widely expected when she

UK's Reeves working to get budget goals back on track
Economy|Europe|Finance|Political

Germany could keep top credit score despite vast spending plan, analyst says

Germany could keep its top credit score despite a financial package worth hundreds of billions of euros planned by the parties hoping to form the country's next government, a Scope

Germany could keep top credit score despite vast spending plan, analyst says
Africa|Business|Economy

Kenya's private sector growth holds steady in February, outlook dim

Kenya's private sector held steady in February, expanding at a similar pace to the previous month, a survey showed on Wednesday.

Kenya's private sector growth holds steady in February, outlook dim
Business|Economy|MidEast

UAE non-oil business sector maintains steady growth in February, PMI shows

The UAE's non-oil private sector growth in activity held steady in February driven by strong demand and output, a survey showed on Wednesday.

UAE non-oil business sector maintains steady growth in February, PMI shows
Asia|Business|Economy

Thai Q1 GDP growth seen at 3.4% y/y on stimulus, official says

Thailand's economy is expected to grow 3.4% in the first quarter of 2025 from a year earlier, which would be the fastest pace in 10 quarters, helped by government stimulus measures

Thai Q1 GDP growth seen at 3.4% y/y on stimulus, official says
Business|Economy|Finance|Political|Stock Markets|US

Investors reassured on Trump's tax remarks, worry about tariffs, chipmakers

Investors took comfort in U.S.

Investors reassured on Trump's tax remarks, worry about tariffs, chipmakers
Asia|Business|Economy

Japan's service activity marks fastest growth in six months, PMI shows

Japan's service activity marked the fastest growth in six months in February, backed by strong sales and new export businesses, a private-sector survey showed on Wednesday.

Japan's service activity marks fastest growth in six months, PMI shows
Business|Economy|Finance|Political|Stock Markets|US

Nasdaq nears correction territory dragged down by trade tensions

U.S. stocks ended lower on Tuesday, with the tech-heavy Nasdaq veering near correction territory, as trade tensions escalated

Nasdaq nears correction territory dragged down by trade tensions
Americas|Economy|Finance|Political|Stock Markets

Mexico's peso ends higher, stocks rebound

Mexico's peso rose against the dollar in a volatile session on Tuesday, as traders priced the effect of newly imposed U.S. tariffs of 25% on

Mexico's peso ends higher, stocks rebound
Business|Economy|Finance|Stock Markets|US

Parts of US Treasury market show concern about Fed rate-cutting pause

Parts of the U.S.

Parts of US Treasury market show concern about Fed rate-cutting pause
Asia|Business|Economy|Political|Technology|US|World

China vows to ‘fight till the end’ as Trump escalates trade war

China vows to ‘fight till the end’ as Trump escalates trade war

China vows to ‘fight till the end’ as Trump escalates trade war
Australia|Business|Economy

Australia's January retail sales post small gain on food-related spending

Australian retail sales posted a small gain in January after a strong showing in the last quarter as consumer spending continued to pick up amid a slowdown in

Australia's January retail sales post small gain on food-related spending
Business|Economy|Finance|Stock Markets|US

Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday

Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday

Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
Asia|Business|Economy

Japan corporate capex drops for first time in 4 years amid tariff fears

Japanese corporate spending on plant and equipment dropped 0.2% year-on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, marking the first

Japan corporate capex drops for first time in 4 years amid tariff fears
Business|Economy|US

Fed's Musalem expects continued economic growth, but sees risks in recent data

St.

Fed's Musalem expects continued economic growth, but sees risks in recent data
Business|Economy|Europe|Finance

Euro zone inflation ticks lower in boost to ECB rate cut bets

Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest

Euro zone inflation ticks lower in boost to ECB rate cut bets
Business|Economy|Europe|Political|US

US tariffs will likely dent growth prospects in Central Europe, S&P Global says

U.S.

US tariffs will likely dent growth prospects in Central Europe, S&P Global says
Asia|Business|Economy|Political|US|World

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

Chinese manufacturers reported stronger orders in February as importers rushed to beat higher U.S. tariffs

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
Asia|Business|Economy

How China could boost its weak consumption

China has repeatedly pledged to make the consumer sector a more prominent driver of economic growth but is yet to implement any structural policy changes to

How China could boost its weak consumption
Economy|Political|US

How Trump’s immigration crackdown could backfire

How Trump’s immigration crackdown could backfire

How Trump’s immigration crackdown could backfire
Business|Economy|Political|US

US consumer spending posts first drop in almost two years

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded

US consumer spending posts first drop in almost two years
Africa|Business|Economy|Political|World

Malawi lowers 2025 growth forecast as inflation spurs protests

Malawi's government trimmed its economic growth forecast for this year in its annual budget on Friday as disgruntled citizens protested in major cities over rising

Malawi lowers 2025 growth forecast as inflation spurs protests
Americas|Business|Economy

Canada's economy posts surprise annualized fourth quarter growth of 2.6%

Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread expectations, as a jump in consumer spending

Canada's economy posts surprise annualized fourth quarter growth of 2.6%
Asia|Business|Economy

India's infrastructure output rises 4.6% on-year in January

India's infrastructure output grew 4.6% year-on-year in January, backed by a pick up in cement and refined petroleum product output, government data showed on Friday.

India's infrastructure output rises 4.6% on-year in January
Business|Economy|Finance|Political|Stock Markets|US

Rising investor angst about economy to be tested by US jobs data

The stakes are high for the monthly U.S. jobs report in the coming week, as investors gauge whether a string of worrisome data is signaling significant concern about the

Rising investor angst about economy to be tested by US jobs data
Business|Economy|Europe|Finance

Softer inflation, weak growth bolster case for ECB rate cuts

Euro zone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for further ECB rate cuts to stimulate an economy that has

Softer inflation, weak growth bolster case for ECB rate cuts
Asia|Business|Economy|Europe|Finance|Political|US

Dollar jumps as Trump tariffs loom

The dollar jumped on Thursday and was poised for its biggest daily percentage gain in more than two months as U.S.

Dollar jumps as Trump tariffs loom
Business|Economy|Europe|Finance|Political

ECB to cut rates again on March 6 as focus turns to growth: Reuters poll

The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by Reuters who expected two further cuts by

ECB to cut rates again on March 6 as focus turns to growth: Reuters poll
Business|Economy|Political|US

US economic growth slows in fourth quarter

U.S. economic growth slowed in the fourth quarter, the government confirmed on Thursday, and the loss of momentum appears to have persisted early this quarter amid cold

US economic growth slows in fourth quarter
Asia|Business|Economy|Finance

IMF keeps India's 'stabilised' exchange rate classification through 2024

The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024

IMF keeps India's 'stabilised' exchange rate classification through 2024
Asia|Business|Economy

Thailand seeks ways to boost growth to 3.0%-3.5% this year, finance minister says

Thailand will meet central bank and planning agency officials to discuss ways to boost growth to 3% to 3.5% this year, its finance minister said on Thursday.

Thailand seeks ways to boost growth to 3.0%-3.5% this year, finance minister says
Africa|Asia|Business|Economy|Europe|MidEast

Growth outlook slows again and 'peace dividend' fades, EBRD says

Weak external demand and the impact of conflicts slowed economic growth again in countries covered by the European Bank for Reconstruction and Development (EBRD),

Growth outlook slows again and 'peace dividend' fades, EBRD says
Business|Economy|Europe

Swiss economy grows 0.5% in fourth quarter, boosted by pharma and chemicals

The Swiss economy grew by a better than expected 0.5% in the fourth quarter, the government said on Thursday, as the country's pharmaceuticals sector compensated for

Swiss economy grows 0.5% in fourth quarter, boosted by pharma and chemicals
Business|Economy|Finance|Political|World

Japan tells G20 free, open trade crucial for global growth

Japan told its G20 counterparts that free, open and rules-based trade was important to sustain global economic growth, a senior finance ministry official told

Japan tells G20 free, open trade crucial for global growth
Americas|Business|Economy|Finance|Political

Brazil will take no exceptional measures to boost economic growth, official says

Brazilian President Luiz Inacio Lula da Silva's chief of staff said on Wednesday that the government will take no exceptional measure to boost economic growth, and

Brazil will take no exceptional measures to boost economic growth, official says
Business|Economy|Europe|Political

Hungary economy may grow 2%-3% this year, below forecast in budget, official says

Hungary's economic growth this year is likely to come in between 2% and 3%, below the official government forecast of 3.4%, Prime Minister Viktor Orban's chief of staff said in a

Hungary economy may grow 2%-3% this year, below forecast in budget, official says
Business|Economy|Europe

Dutch economic growth stronger than expected in 2025, CPB says

Economic growth in the Netherlands will be stronger than previously expected this year, as wage growth offsets persistently high inflation, economic policy adviser CPB said on

Dutch economic growth stronger than expected in 2025, CPB says
Asia|Business|Economy|Finance|Stock Markets

Thai central bank cuts policy rate amid slow growth, global trade risks

Thailand's central bank cut its benchmark interest rate by a quarter percentage point on Wednesday, a move it said was a response

Thai central bank cuts policy rate amid slow growth, global trade risks
Asia|Business|Economy|Political|Technology

Taiwan slightly cuts 2025 GDP growth outlook amid Trump tariffs concern

Taiwan's trade-reliant economy is expected to grow at a slower pace in 2025 than previously forecast, with the threat of turbulence from tariffs that

Taiwan slightly cuts 2025 GDP growth outlook amid Trump tariffs concern
Asia|Business|Economy|Finance

China to start re-capitalizing banks with $55 billion, Bloomberg News reports

China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg

China to start re-capitalizing banks with $55 billion, Bloomberg News reports
Business|Economy|Finance|Stock Markets|US

Fed expected to respond strongly to inflation, job market conditions, research shows

Investors and economists expect the U.S. central bank to respond "strongly and systematically"  to changes in inflation and the labor market, according to research published

Fed expected to respond strongly to inflation, job market conditions, research shows
Business|Economy|Finance|Political|Stock Markets|US

Trump policy concerns send US consumer confidence plummeting to eight-month low

U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged, offering further signs that

Trump policy concerns send US consumer confidence plummeting to eight-month low
Americas|Business|Economy|Finance|Political

Brazil should not focus solely on improving public accounts, Haddad says

Brazil has scope to further improve public accounts but should not make that its sole focus, Finance Minister Fernando Haddad said on Tuesday, emphasizing that economic growth was

Brazil should not focus solely on improving public accounts, Haddad says
Asia|Business|Economy|Finance

India's RBI partly dials back strict loan rules for micro credit, non-bank lenders

The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, according to two separate circulars issued on Tuesday.

India's RBI partly dials back strict loan rules for micro credit, non-bank lenders
Business|Economy|Finance|Political|World

Global debt marches to record high, raising risk of bond vigilantes, IIF says

The global debt-to-GDP ratio rose for the first time since 2020 last year, as the world's debt stock hit a new year-end record of $318 trillion and economic growth

Global debt marches to record high, raising risk of bond vigilantes, IIF says
Asia|Business|Economy

Bank of Korea cuts rates to bolster growth, lowers GDP forecast

The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy

Bank of Korea cuts rates to bolster growth, lowers GDP forecast
Business|Economy|Europe|Finance|Political

Bank of England's Dhingra says policymakers divided over rate-cut pace

Bank of England policymakers do not have a consensus about how fast the central bank should cut interest rates, even though they all agreed to use the word "gradual

Bank of England's Dhingra says policymakers divided over rate-cut pace
Business|Economy|Finance|MidEast

Bank of Israel holds rates but leaves hope for cuts this year

The Bank of Israel kept short-term interest rates unchanged for a ninth straight meeting on Monday, but held out the prospect for further easing this year should

Bank of Israel holds rates but leaves hope for cuts this year
Americas|Business|Economy

Peru's economy seen growing 4% this year with stable inflation

Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told

Peru's economy seen growing 4% this year with stable inflation
Business|Economy|Europe|Finance|Political

ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports

European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times

ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
Asia|Business|Economy|Finance

Bank of Thailand to hold rates at 2.25% on February 26, cut once in Q2: Reuters poll

The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday and cut only once this year to preserve a policy buffer amid growing global

Bank of Thailand to hold rates at 2.25% on February 26, cut once in Q2: Reuters poll
Business|Economy|Europe|Finance

ECB's Villeroy reaffirms deposit rates could be at 2% by this summer

The European Central Bank could cut its deposit rate down to 2% by this summer, said Bank of France head and ECB policymaker Francois Villeroy de Galhau in an interview published on

ECB's Villeroy reaffirms deposit rates could be at 2% by this summer
Americas|Business|Economy

Canada December retail sales up 2.5%, beating market expectations

Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax holiday bumped up spending on food and

Canada December retail sales up 2.5%, beating market expectations
Business|Economy|Europe

German growth edges up as manufacturing decline slows, PMI shows

Business activity in Germany's private sector picked up slightly in February, driven by a steady performance in services and reduced drag from manufacturing,

German growth edges up as manufacturing decline slows, PMI shows
Asia|Business|Economy|Finance

IMF says further Thai rate reduction would support inflation

A further reduction in Thailand's policy interest rate would support inflation and improve the debt-servicing capacity of borrowers, the International Monetary Fund said.

IMF says further Thai rate reduction would support inflation
Business|Economy|Finance

RBNZ chief economist says data consistent with pick-up in economy

High-frequency data is consistent with the central bank's view that New Zealand's economy bottomed out in the middle of 2024 and started to slowly pick up in

RBNZ chief economist says data consistent with pick-up in economy
Asia|Business|Economy

Japan's factory activity shrinks for 8th straight month, PMI shows

Japan's factory activity extended declines for an eighth straight month in February but at a slower pace, a private-sector survey showed on Friday, in a sign struggling factories may

Japan's factory activity shrinks for 8th straight month, PMI shows
Asia|Business|Economy

Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll

The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to

Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll
Economy|Finance|MidEast|Political

Bank of Israel to hold rates again after inflation spike: Reuters poll

The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts

Bank of Israel to hold rates again after inflation spike: Reuters poll
Americas|Business|Economy|Political

Mexican president sees economic growth in 2025, despite tariff threat

Mexican President Claudia Sheinbaum said on Thursday that her government believes 2025 will be a good year for economic growth, despite the uncertainty created by the threat of

Mexican president sees economic growth in 2025, despite tariff threat
Business|Economy|Finance|Political|US

'Stagflation' fears haunt US markets despite Trump's pro-growth agenda

Stubborn inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and

'Stagflation' fears haunt US markets despite Trump's pro-growth agenda
Business|Economy|Finance|Political|US

Fed's Jefferson says Fed can take time on next interest rate decision

By Michael S.

Fed's Jefferson says Fed can take time on next interest rate decision
Americas|Business|Economy|Finance

Bank of Mexico sees recession possibility, halves 2025 growth view

The Bank of Mexico on Wednesday halved its growth forecast for the Mexican economy this year and even sees a possibility it will slide into a recession,

Bank of Mexico sees recession possibility, halves 2025 growth view
Asia|Business|Technology

Ant Group enters China's growing humanoid robot industry amid rising tech interest

Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.

Ant Group enters China's growing humanoid robot industry amid rising tech interest
Asia|Business|Economy|Finance

Bank Indonesia pauses easing cycle, but says more cuts to come

Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global

Bank Indonesia pauses easing cycle, but says more cuts to come
Asia|Business|Economy|Political

Vietnam parliament approves 2025 growth target, paves way for Starlink entry

Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and backed major infrastructure projects, including a rail link to China and the

Vietnam parliament approves 2025 growth target, paves way for Starlink entry
Asia|Business|Economy|Political|Technology

Xi's new frontline corporate guard showcases his priorities, control

When President Xi Jinping hosted entrepreneurs at a rare meeting in Beijing in 2018, the executives granted coveted front-row seats came

Xi's new frontline corporate guard showcases his priorities, control
Asia|Business|Economy|Political

Singapore offers support for consumers as polls, global tensions loom

Singapore offered broad support for workers and businesses, as well as assistance with living costs, with the economy bracing for a rise

Singapore offers support for consumers as polls, global tensions loom
Asia|Business|Economy|Political

Thailand's central bank and government must work together, PM says

Thailand's government will push for 3.5% economic growth this year and will seek to work closer with the central bank to support small businesses, Prime Minister Paetongtarn

Thailand's central bank and government must work together, PM says
Business|Economy|Environment|Political|Travel

‘Everyone must go!’: New Zealand’s latest tourism campaign sparks ridicule

‘Everyone must go!’: New Zealand’s latest tourism campaign sparks ridicule

‘Everyone must go!’: New Zealand’s latest tourism campaign sparks ridicule
Business|Economy|Europe|Finance

Bank of England's Bailey says inflation is slowing, 2025 jump will not last

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to

Bank of England's Bailey says inflation is slowing, 2025 jump will not last
Business|Economy|Finance|Stock Markets|US

US retail sales post biggest drop in nearly two years amid winter freeze

U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages,

US retail sales post biggest drop in nearly two years amid winter freeze
Asia|Business|Economy|Finance

Sri Lanka's cenbank sees inflation peak above target in Q2 next year

Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second quarter of 2026, the bank said in a monetary policy

Sri Lanka's cenbank sees inflation peak above target in Q2 next year
Economy|Election|Europe|Finance|Political|Stock Markets

Markets need convincing that German election will bring spending boost

As Germany heads to the polls next week, the message from investors is clear: it is the one big economy with room to

Markets need convincing that German election will bring spending boost
Asia|Business|Economy|Election|Political

Singapore budget to tackle living costs and jobs as election looms

Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it heads towards an election buoyed by

Singapore budget to tackle living costs and jobs as election looms
Australia|Business|Economy|Finance

RBA to deliver first rate cut in a short series on February 18: Reuters poll 

Easing inflation has opened the door for the Reserve Bank of Australia to begin an anticipated brief series of interest rate cuts, starting with a quarter

RBA to deliver first rate cut in a short series on February 18: Reuters poll 
Australia|Business|Economy|Finance

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll

New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on Wednesday to 3.75%,

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll
Africa|Business|Economy|Finance

Rwanda central bank holds key rate despite pickup in inflation

Rwanda's central bank kept its key interest rate unchanged at 6.5% for the second monetary policy meeting in a row, saying that despite a recent pickup in

Rwanda central bank holds key rate despite pickup in inflation
Business|Economy|Europe|Political|US

Under threat of Trump tariffs, UK posts rare goods trade deficit with US

Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published on Thursday that London will hope bolsters its

Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Americas|Business|Economy|Political

Brazil cuts economic growth forecast for this year to 2.3%, sees inflation at 4.8%

Brazil's government on Thursday lowered its economic growth forecast for this year to 2.3%, down from a previous estimate of 2.5% in November, as the economy slows from last

Brazil cuts economic growth forecast for this year to 2.3%, sees inflation at 4.8%
Business|Economy|Europe|Finance

Bank of England's Pill 'cautious' about further rate cuts

The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet

Bank of England's Pill 'cautious' about further rate cuts
Business|Economy|Finance|Political|Stock Markets|US

Hotter January inflation jolts markets, dimming rate cut hopes

Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal

Hotter January inflation jolts markets, dimming rate cut hopes
Americas|Business|Economy

Brazil's services activity posts surprise drop in December as economy cools

Services activity in Brazil ended 2024 on a negative note despite notching its fourth consecutive year of gains, with the sector unexpectedly slipping in December as the local

Brazil's services activity posts surprise drop in December as economy cools
Business|Economy|Finance|Political|Stock Markets

India's new cenbank chief joins Modi's effort to regain lost growth

India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he joins Prime Minister

India's new cenbank chief joins Modi's effort to regain lost growth
Asia|Business|Economy|Political

South Korea acting president calls for agreement on extra budget amid slowing economy

South Korea's acting President Choi Sang-mok on Wednesday said he hoped for a swift agreement within the country's parliament on an extra budget to support an economy

South Korea acting president calls for agreement on extra budget amid slowing economy

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