The Latest Breaking News from Economy

UK GDP report for May shows that factory output and construction shrank during the month, with some blaming extra bank holiday

The extra bank holiday in May for the King’s coronation played a part in the decline

Editorial: Keir Starmer has earned the right to tell a different story about the way Britain’s economy can work

Inflation eased markedly last month, but that won't keep the Fed from raising interest rates, pros say.

Not everyone will be pleased the RBNZ's drastic measures to cool the economy appear to be working, reports Nikki Mandow

Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.

BJP signals shift in stance on SilverLine; K. Surendran visits metro rail expert E. Sreedharan, suggests high-speed railway system as viable alternative to LDF's K-Rail project. BJP leader quotes Sreedharan saying high-speed railway would serve economy better without taxing families or environment. UDF yet to respond.

The Reserve Bank governor will soon find out if his term has been extended – but economic hints from major banks tell a happier story than expected

Deloitte projects an average spend per child of $597, compared to $661 in 2022 and $612 in 2021.