The Latest Breaking News from Economy

'Empowering 1 billion lives digitally is an extraordinary achievement—but it is only the beginning,' writes Klaus Schwab.

To listen to cabinet ministers over the last few months, voters would be forgiven for concluding that the UK economy was plumbing the depths of a great recession and inflation was at double digits. Yet, are things really so bad?

The governor of the People's Bank of China, Pan Gongsheng, has announced new measures meant to boost the country's ailing economy. China's central bank is lowering its benchmark interest rate as well as reducing the cash requirement that banks are supposed to hold in a bid to free up lending…

Rolling coverage of the latest economic and financial news

People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough

Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy

The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out to help revive the slowing economy

Sri Lankans voted for a new direction in leadership on Sept. 22, 2024, electing a leftist anti-poverty campaigner as president of the South Asian nation.

Manchester United’s proposed regeneration of Trafford Park could boost the UK economy by up to £7.3billion, according to global advisory firm…

“​​For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

United unveiled further details about the project, which is centred on a new 100,000-capacity stadium