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The Latest Breaking News from Economy

China redoubles first-aid for its economy with support for banks and workers

China is redoubling its first-aid for the economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the 75th anniversary of the founding of the People's Republic

The Independent UK

IMF loan offers Pakistan relief but long-term reforms remain a challenge

The $7bn loan is a lifeline for Pakistan’s struggling economy, but experts say the country needs fundamental changes.

Al Jazeera

Nasdaq Futures Soar as Micron’s Strong Outlook Boosts Sentiment, U.S. GDP Data and Fed Speak in Focus

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials.

Barchart

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A Budget boost to savings would unlock the investment and growth the UK desperately needs

The UK economy is about 15% smaller now than it would have been if the growth rates before the financial crisis had continued.

Evening Standard

RBA warns two factors risk increasing number of Australians caught in mortgage struggle

Vast majority of borrowers servicing their debts but arrears could grow if economy slows more than expected, bank says

The Guardian - AU

German economy is ‘stuck in stagnation,’ ING says

“The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.”

Fortune

How Bitcoin Pokies Are Boosting Australia’s Digital Economy

Learn how Bitcoin pokies are transforming Australia’s digital economy, fostering growth through innovation, job creation, and greater financial accessibility.

inkl

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Kamala Harris decries Trump’s abortion comments in first solo TV interview

Democratic nominee says she is better equipped to manage US economy and says rival ‘made promises he did not meet’

The Guardian - US

Vice President Harris Unveils Vision For Opportunity Economy

Vice President Kamala Harris advocates for investing in manufacturing and emerging technologies to drive economic growth and enhance US competitiveness.

Top News

Gold Rally Surges Amid Economic Uncertainty

Gold and silver prices surge in 2024 driven by economic concerns and growing demand in various sectors. Fed rate cuts and central bank actions impact preci...

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The Guardian - UK

UK economy to grow faster than Japan, Italy and Germany this year, says OECD

Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countries

The Guardian - UK

‘Davos on the Mersey’: key conference takeaways as Labour tries to woo business

As the budget looms, where the party stands on investment in the UK economy, workers’ rights and more

The National (Scotland)

Banksy and World Cycling Championships bring £2bn boost to Glasgow

THE UCI Cycling World Championships and a major Banksy exhibition helped Glasgow attract more than 25 million visitors in 2023, new analysis has…

The Conversation

Business confidence in South Africa: how a 70-year-old survey has given early signals of the economy’s pulse

Business tendency surveys provide very useful indicators of trends within an economy. The information is available well before the official statistics, such as GDP growth, and provides insights into business dynamics that cannot be found elsewhere.

The Independent UK

Sri Lanka's new leader must balance ties between regional powerhouses India and China

The Marxist lawmaker who won Sri Lanka’s presidency faces a key challenge in how to balance ties with his country’s two most crucial partners, India and China, as he seeks to draw foreign investment and pull the economy out of the doldrums

The Independent UK

Stock market today: Asian shares extend gains after China-driven rally

Shares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading

Barchart

1 High-Yield Dividend Stock to Buy for a ‘Goldilocks Economy’ Post-Fed Rate Cut

Ford looks like a good stock to play the base-case 'Goldilocks' U.S. economy. The Detroit auto giant has an attractive dividend yield and trades at tepid valuations.

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Anura Kumara Dissanayake

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