The Latest Breaking News from Economy

Former Iranian President Hasan Rouhani on Thursday called for free elections and a general referendum on foreign, domestic, and economic policies 332 days before the scheduled legislative elections. During his meeting with the ministers and senior officials of his former cabinet, Rouhani said that this year would be a test…

Asian shares are trading mostly lower as investors turn their attention to upcoming earnings reports and other economic indicators

Fitch ratings has upgraded Saudi Arabia’s Long-term foreign-currency issuer default rating (Idr) to ‘A+’ from ‘A’, with stable outlook. This reflects Saudi Arabia's strong fiscal and external balance sheets, with government debt/GDP and sovereign net foreign assets (SNFA) considerably stronger than both the 'A' and 'AA' medians, and significant fiscal…

Attempts by some countries to interfere with New Zealand's democracy, economy and civil society "are persistent", according to New Zealand Security Intelligence Service's (NZSIS) annual report.

In tonight's edition: South Africa rolls back a state of disaster over a national power crisis, even though rolling blackouts are still crippling the country's economy. Also, the WTO says goods exports are declining in Africa even though the continent has absorbed the shocks from Covid and the war in…

The Michelin Guide Thailand has helped to generate more than 842 million baht for the tourism economy during its first five-year contract with the Tourism Authority of Thailand (TAT) starting in 2017, according to the agency.

Last year's US CHIPS and Science Act created large subsidies for investments in domestic semiconductor fabrication facilities (fabs) because microchips are essential to the US economy and national security. But while no one disputes the importance of chips (which are used in everything from cruise missiles to refrigerators), there are…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.01%. Stock indexes Wednesday settled mixed. The broader market moved...

May WTI crude oil (CLK23 ) on Wednesday closed down -0.10 (-0.12%), and May RBOB gasoline (RBJ23 ) closed up +8.30 (+3.03%). Crude oil and gasoline prices Wednesday settled mixed. A stronger dollar Wednesday (DXY00 ) weighed on crude prices. Also, signs of a slowdown in the U.S. economy are...

A federal control board that oversees Puerto Rico's finances says it will focus on growing the island's economy as the U.S. territory emerges from a drawn-out bankruptcy process

The US House of Representatives has voted to strip China of its status as a developing country. China has condemned the move and refuses to join the ranks of developed or "wealthy" nations. At stake are critical economic and geopolitical issues for the world’s second-largest economy.