The Latest Breaking News from Economy

Rather than provoking a dramatic collapse, international sanctions are causing a steady degradation of the country’s productive capacity

The Thai economy is still on the recovery path and should grow 3.4% in 2022 and 3.8% next year, supported by a rebound in the vital tourism sector, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Reclaimed and crushed asphalt, glass, concrete and tyres could replace conventional raw materials in road construction and drive Australia's circular economy.

Mongolian tent-dwellers face growing hardship amid skyrocketing energy costs and falling livestock prices.

Economic think tank is calling for the UK government to chanel funding into creating a dedicate centre for boosting tech economies

More of Brazilian President-elect Luiz Inacio Lula da Silva's economic policy team took shape on Tuesday, with Workers Party (PT) veteran Aloizio Mercadante running development bank BNDES and a former banker taking a key role at the Economy Ministry.

Peru's new government is looking at economic stimulus measures for regions being roiled by protests after the ouster of leftist leader Pedro Castillo, but will hold steady to "non-negotiable" fiscal deficit targets, the economy minister said on Tuesday.

Equipping people with digital skills in local communities, stimulating a 5G ecosystem and supporting digital content as a means of soft power are among eight projects the Office of the National Digital Economy and Society Commission (ONDE) aims to pursue in 2023 to improve the country's digital landscape.

The mega-challenges engulfing the world today -- from Covid-19 to climate change -- have highlighted the interdependencies between people, planet, and the economy. As we chart a course to reignite global growth and drive green, resilient, and inclusive development, we must not ignore these interlinkages. Nature -- meaning biodiversity and…

The Federal Reserve is expected to raise interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, which would be the seventh increase this year. So far in 2022, the Fed has lifted its benchmark short-term rate, which influences most other borrowing…

It’s decision time for central banks on interest rates again. The US Federal Reserve and European Central Bank (ECB) are set to announce their latest decisions on Wednesday 14, while the Bank of England (BoE) will go a day later.