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The Latest Breaking News from Economy

UK has moved out of recession, official figures show

GDP rose by 0.6% in first quarter of 2024 but forecasters expect economy to grow slowly this year

The Guardian - UK

FTSE 100 hits new closing high after UK economy escapes recession with fastest growth since 2021 – as it happened

Short, shallow recession is over, as UK economy grows faster than forecast in January-March quarter, by 0.6%, fastest quarterly growth in over two years

The Guardian - UK

Nigeria hit by snaking queues at the pumps amidst petrol crisis

Motorists in Nigeria face huge queues at petrol stations across major cities as frustration grows over the multi-headed crises dragging on the country's economy. Also, known locally as the Mendzang, the xylophone has a small but dedicated following in Cameroon. And we head out on the road with the roaming…

France 24

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Will the Economy or Recycled Copper Keep a Lid on Copper Prices?

Copper often hailed as "Dr. Copper" for its ability to provide insights into global economic health, stands at the crossroads of multiple market dynamics. In the ever-evolving landscape of commodities, the interplay between economic forces and the availability of recycled copper emerges as a critical determinant of copper prices. As…

Barchart

China seizing TSMC would be 'devastating' for U.S. economy, Commerce Secretary says

If China captures Taiwan and TSMC, this will be a major blow for U.S.-based companies and economy, which is why U.S. invests in its own semiconductor production, says Gina Raimondo.

Tom’s Hardware

3 China Stocks to Accelerate Your Portfolio Gains

The Chinese economy is showing signs of recovery as its economy grew faster than expectations. Moreover, proactive government measures are expected to stimulate further future economic growth. Amid this backdrop, investors could look to add fundamentally strong Chinese stocks: Trip.com Group (TCOM), HUTCHMED (China) (HCM), and JD.com (JD). Keep reading.

StockNews.com

Sen. Tim Scott Emphasizes Support For President Trump In Fundraising

Senator Tim Scott actively supports Trump's potential 2024 campaign, emphasizing unity and a strong economy under Trump's leadership.

Top News

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Labor’s gas strategy: what is it and why do critics call it ‘Back to the Future’?

New gasfields are key to the Albanese government strategy. Climate groups say this will be ‘devastating’ to emissions reduction targets

The Guardian - AU

Ukraine's Economy Shifts Permanently Due To War Impact

The war in Ukraine has led to economic turmoil with infrastructure destruction, job losses, and inflation. International support is crucial for recovery.

Top News

Land for new industry to power the west's next bonanza

Western Australia's budget has unlocked land and slashed green tape to win the lion's share of investment in new industry but iron ore is still top of the heap.

AAP

South Korea's Yoon Focuses On Economy Post Election Upset

South Korea's President Yoon prioritizes economy, job creation, and global relations for a brighter future.

Top News

WA budget billions to hip-pocket relief and housing

WA's budget posts a $3.2 billion surplus, as the government reveals measures that help families with the cost of living and housing, and grow the economy.

AAP

Bank Of England To Test Rate Cut Assumptions

Bank of England testing negative interest rates to assess impact on UK economy amidst COVID-19 challenges.

Top News

Philippine Economy Grows Less Due To Weaker Consumer Spending

Learn about the impact of weakened consumer spending on the Philippine economy and strategies for recovery.

Top News

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Top News

India's April Inflation Expected To Decrease: Reuters Poll

Learn about the potential decrease in India's inflation rate for April and its implications on the economy and consumers. Stay informed for better decision...

The Times of India

IPL 2024: Kuldeep Yadav steals a march over Yuzvendra Chahal

Around five years back, Kuldeep Yadav's career was at the crossroads, especially in the white-ball formats. Playing for the Kolkata Knight Riders, he endured a horrid IPL 2019, taking just four wickets in nine matches @71.50, with an economy rate of 8.66. In the ODI World Cup that year in…

Top News

Bank Of England Nearing First Rate Cut Since 2020

Bank of England considers interest rate cut amidst economic challenges and inflation concerns.

Top News

Argentina Industrial Output Plummets Amid Milei Austerity Measures

Argentina's industrial output declines as austerity measures impact the economy. Challenges lie ahead for recovery and stability.

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news in one place.

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North Macedonia Elections: EU Membership And Corruption Dominate Campaign

North Macedonia's recent elections focused on EU aspirations, corruption, and the economy, with a presidential runoff and parliamentary contest.

The Hindu

Conventional warfare capabilities cannot be ignored: Army Southern Command Chief

Lt. Gen. Ajai Kumar Singh emphasizes the importance of balancing disruptive technologies with legacy platforms in warfare strategies.

The Guardian - AU

Those calling for higher interest rates in Australia should be careful of what they wish for

We need to avoid replicating the experience of the 1990s, when taming inflation involved destroying the economy

Top News

Ukraine Urgently Pursues Debt Restructuring Amid Crisis

Ukraine faces critical debt restructuring to avoid default and stabilize its economy. International support and high stakes in negotiations.

Top News

Global Markets React To Mixed Signals In Economy

Learn about recent global economic fluctuations causing volatility in stock and bond markets. Trade tensions and mixed signals add uncertainty for investors.

Top News

India's Economy Adviser Cautious On Inflation Impact

Learn about the impact of rising inflation on India's economy and the importance of proactive measures to address this economic challenge.

Al Jazeera

Pakistan bets on a cannabis high as its economy struggles

A new regulator aims to legalise hemp growth, while crushing a black market. But is Pakistan too late to the party?

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