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The Latest Breaking News from Economy

Japanese Firms Increase Wages, Largest Pay Rise Since 2013

Japanese firms announce largest pay rise since 2013, indicating economic growth and stability. Positive news for workers and economy amidst global challenges.

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Japan Money Markets Prepare For End Of Negative Rates

Explore the potential end of negative interest rates by the Bank of Japan and its implications on Japan's financial markets and economy.

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Pakistan Central Bank Expected To Hold Rates In Q2

Learn about Pakistan's central bank's anticipated interest rate decisions and their impact on the country's economy.

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China Central Bank Expected To Maintain Key Rate

China's central bank maintains key interest rates to support economy amidst global uncertainties and trade tensions.

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Spain Assures EU Funds Unaffected By Budget Rollover

Spain's Minister of Economy assures continuity of EU fund disbursement despite budget rollover concerns.

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BOJ To End Negative Interest Rate Policy In March

The Bank of Japan considers ending negative interest rates to address economic challenges. Potential implications for Japan's economy and recovery trajectory.

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China Drafts Rules For Companies To Access Foreign Debt Markets

China's draft rules aim to boost economy by easing access to foreign debt markets for companies.

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Putin's War Economy Leads To Income Decline In Russia

Analysis of Russia's economy under Putin's leadership: growth in defense, income decline for citizens, and potential long-term consequences.

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Bank Of Korea Cautious In Final Inflation Fight Stage

Bank of Korea's cautious approach in addressing inflation to ensure stability and growth in South Korea's economy.

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General Brown Visits U.S. Weapon Factories Amid Aid Debate

General CQ Brown advocates for billion aid package supporting Ukraine and U.S. economy during visit to U.S. weapon factories.

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From talk to torque: sovereign steel for solar economy

Manufacturer Orrcon Steel has joined forces with a global energy firm to supply torque tubes made from 100 per cent Australian steel for solar panel tracking.

AAP

China may be facing too many economic obstacles to hit its ambitious growth target for 2024

Fighting deflation, a sinking property market and weak internal demand, Beijing has set itself a challenging goal in 2024

The Guardian - AU

Yellen Says US Economy Unlikely To See 'Stagflation'

The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower.

International Business Times

Brazil Revs Up For Jolt Of Hybrid Car Investments

Brazil is charging up for a hybrid revolution as global car manufacturers race to pump billions of dollars into the development of green vehicles in Latin America's biggest economy.

International Business Times

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The Guardian - UK

Hunt says plan to scrap employee national insurance could ‘take more than a decade’

Chancellor’s unfunded proposal would be ‘work of many parliaments’ and depended on growth of economy

The Guardian - US

Biden slightly behind Trump but voters’ views of economy improve, poll shows

No indications that president’s forceful State of the Union address provided much of a boost with voters, survey shows

International Business Times

Cuba's Currency Conundrum: Four Ways To Pay

"How can I pay you?" Tourists can pay for guesthouses and restaurants in pesos, euros or dollars.

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China Reveals Trade-In Plan For Equipment And Consumer Goods

China's new trade-in plan encourages equipment and consumer goods exchange to boost economy and promote sustainability.

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ECB To Gradually Reduce Banks' Access To Free Cash

ECB's gradual reduction of free cash to banks aims to balance support for the economy and prevent excessive risk-taking, reflecting confidence in the Euroz...

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ECB's Villeroy: Spring Interest Rate Cut Probable

ECB's Villeroy hints at potential interest rate cut in spring to bolster Eurozone economy amid challenges.

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UK Economy Sees Modest Growth In Early 2024

The UK economy shows signs of recovery with modest growth in 2024, driven by increased consumer spending and government support.

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UK Economy Transitioning To Boost Sterling Value

Recent market analysis suggests the UK economy's positive performance may support the sterling amidst reduced Brexit uncertainty.

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Toyota's Record Wage Hike Signals Economic Shift In Japan

Toyota's decision to implement the largest wage increase in 25 years could positively impact Japan's economy by stimulating consumption and setting a prece...

The Guardian - AU

Second surplus on track for Australia but budget will report a fall in revenue, treasurer says

Jim Chalmers says slide in iron ore prices and uptick in jobless rate mean budget will report a much smaller revenue upgrade than in recent years

The Guardian - UK

The UK economy is climbing again – but the road ahead looks rocky

Figures may seem positive at first glance but the broader picture for UK plc is still one of relative stagnation

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