The Latest Breaking News from Economy

Strikes against bitterly contested plans to reform pensions in France continue on Tuesday, and this time unions have upped the ante. Unlike previous walkouts, this week’s industrial action has no pre-arranged end date. With workers across multiple sectors expected to strike, life in France could grind to a halt for…

Shares are mostly higher in Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks

Beijing is aiming for a moderate growth rate of 5 percent in 2023 amid a host of domestic and external challenges.

Chinese Premier Li Keqiang is taking his final bow in a departure that marks a shift from the technocrats who have helped steer the world's second-biggest economy in favor of officials with unquestioned loyalty to President Xi Jinping

Rachel Reeves said the UK is the ‘only G7 economy that’s still smaller than it was before the pandemic’.

The government set an ambitious goal to achieve a balanced budget in 10 years, even though several obstacles still remain.

The cofounder of venture capital giant Andreessen Horowitz laid out his thoughts in his newsletter this weekend.

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.

China's science and technology policies should aim to build the country's strength and self-reliance, while companies take the lead in pushing innovation, Premier Li Keqiang said on Sunday. The country effectively countered external attempts to suppress and contain China’s development over the past five years by promoting development of the…

Outgoing premier Li Keqiang told delegates at the National People's Congress that China is aiming to rebound economically after COVID slowed them down