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The Latest Breaking News from Economy

Hong Kong Embraces China's Digital Yuan In Local Economy

Hong Kong's decision to allow China's digital yuan in local shops marks a significant step towards digital currency integration, streamlining payment proce...

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Vietnam Loses Billions In Foreign Aid Due To Anti-Graft Measures

Vietnam's economy faces setbacks as anti-graft measures lead to loss of foreign aid.

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Malaysia's Economy Surpasses Expectations Despite Inflation Risks

Malaysia's economy shows unexpected growth despite inflation risks. Government initiatives and diverse sectors contribute to resilience.

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'Hold on a minute': Stephen Flynn continuously interrupted on BBC Question Time

STEPHEN Flynn was interrupted multiple times by almost all the panel as he tried to speak on the economy on last night's BBC Question Time ...

The National (Scotland)

Too much of a good thing? How hustle culture can become toxic – and its cost to UK businesses

All small business owners need a drive to succeed, but can it go too far? Recent research suggests that hustle culture can have its toxic side – with the potential to hit the bottom line for entrepreneurs and the UK economy

The Guardian - UK

UK politics: Vaughan Gething says Plaid Cymru ‘walked away from opportunity to deliver for Wales’ as it ends cooperation agreement - as it happened

Party ends its cooperation agreement with the Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething

The Guardian - UK

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption.

The Hindu

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Dominican Republic To Vote In Poll Dominated By Haiti Crisis

Dominican President Luis Abinader is poised for a comfortable re-election on Sunday, analysts say, buoyed by support for his tough stance on migration from troubled neighboring Haiti.

International Business Times

Out with the old: Blue- and white- collar job labels aren’t cutting it anymore

The old way of classifying jobs as blue- or white-collar is no longer relevant in Canada’s modern labour market. Our 21st century economy and workforce are too complex to boil jobs and work categories down to a simple blue- or white-collar contrast.

The Conversation

US Manufacturing Output Declines In April

US manufacturing output decline in April raises concerns about the economy's health and implications for various sectors.

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The Dow Jones hits 40,000 for the first time. What to know about this major milestone

Stock markets received a boost from new data showing inflation is easing. Lower inflation has raised hopes about the U.S. economy — but there are still a lot of unknowns.

WEKU

At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall

A central focus of this week’s budget is the treasury’s forecast for inflation.

The Conversation

South Sudan government and rebel groups sign 'commitment' for peace in ongoing peace talks in Kenya

The government of South Sudan and rebel opposition groups have signed a “commitment declaration” for peace during high-level mediation talks in Kenya, described as key step in efforts to end the conflict in South Sudan that has long crippled its economy

The Independent UK

John Leguizamo says Latinos should blame Trump, not Biden, for current economic woes

"Our economy is doing great. It's just inflation that's messing up everybody's paycheck."

Latin Times

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The Independent UK

The Dow just crossed 40,000 for the first time. The number is big but means little for your 401(k)

Through its long history, the Dow Jones Industrial Average has offered a way for people to get a quick read on how Wall Street is doing

InsideEVs

Why Biden’s Chinese EV Tariffs May Succeed Where Trump’s Failed, For Now

The new tariffs could be great for the U.S. auto industry. The risk is automakers will use them as an excuse to slow-walk their EV plans.

International Business Times UK

34% of Brits Say UK Economy Is Huge Concern: Household Budgets Leaner and Food Scarcity Rising

Polling shows Britons place the economy at the top of the list of priorities and the UK government will need to address the public's concerns.

International Business Times

Xi, Putin Hail Ties As 'Stabilizing' Force In Chaotic World

Leaders Xi Jinping and Vladimir Putin framed their nations' ties as a stabilizing force in a chaotic world as they met Thursday in Beijing, where the Russian president is seeking greater Chinese support for his war effort in Ukraine and isolated economy.

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France 24

China-Russia trade ties evolve amid Ukraine war, US sanctions

Vladimir Putin hails 80 joint investment projects on his state visit to Beijing, as Xi Jinping walks a fine line between maintaining trade with Russia and avoiding harsh Western sanctions. US inflation cools after months of unexpectedly high readings, and Japan's economy shrinks in the first quarter.

The Guardian - UK

Dow Jones Industrial Average hits 40,000 points for first time; UK reality TV stars charged over FX scheme – as it happened

Strong quarterly results and hope of interest rate cuts drive DJIA to new alltime high

The Guardian - AU

Hydrogen, solar and batteries – did the 2024 federal budget deliver on clean economy investment?

Labor’s Future Made in Australia policy has enough money to move the needle. What matters is implementation – and readiness to adjust course if needed

Top News

Japan's Economy Slows, Impacting BOJ Rate Hike Plans

Japan's economic downturn raises concerns over Bank of Japan's interest rate plans and growth prospects.

Top News

Argentine Economy Chief Applauds Fourth Consecutive Fiscal Surplus

Argentina's fourth-straight month of fiscal surplus showcases economic resilience and stability, signaling progress towards sustained growth.

International Business Times

Taylor Swift Tour Hands UK Economy GBP1 Bn Boost: Study

Taylor Swift's worldwide Eras Tour will boost the UK economy by almost GBP1 billion ($1.3 billion) as fans splash the cash to see the US music star, Barclays bank estimated Wednesday.

International Business Times

Japan Economy Suffers Worse-than-expected Contraction Of 0.5%

Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.

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