The Latest Breaking News from Economy

Asian shares are mostly lower after China reported its economy expanded at a 3% pace last year, less than half 2021's rate

BEIJING: China's economy grew last year at its slowest pace in four decades as it was hammered by Covid-19 lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.

The outlook for state government coffers is stable as growth counters a slower global economy, but big spending on climate and net zero will bite into budgets.

Newly published reports are out today into the economic and cultural impact of last year's companion arts festival to the 2022 Commonwealth Games

Global executives offer gloomiest-ever outlook for global economy, PwC finds

More likely than not, the U.S. economy will enter a recession this year, Bankrate’s Fourth-Quarter Economic Indicator poll found.

Saudi researcher Dr. Raja Almarzoqi underscored the connection between innovation, international commerce movement, financing and economic growth that has become an enabler of global economy that crosses borders. He called for the adoption of government policies and legislations that would benefit further from the relationship between research, development of innovation…

Africa’s most industrialised economy being hit by daily power cuts as anger grows among opposition and public

Despite inflation cooling further in December, the likelihood of the economy entering a recession this year is rising as the Fed expects to continue increasing interest rates until inflation comes down to its 2% target. Therefore, large-cap stocks Microsoft (MSFT), UnitedHealth (UNH), and Taiwan Semiconductor (TSM) could be stable investments…