The Latest Breaking News from Economy

Slovakia's economy minister says oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for the transit was resolved

Social media savvy ‘human hand grenade’ seen as continuity candidate and currently ahead of Rishi Sunak thanks to questionable tax promises and neo-Thatcherite branding

China’s 11 million university graduates are struggling in a bleak job market this summer as repeated shutdowns under China’s zero-COVID lockdowns forced companies to retrench and driven many restaurants and other small employers out of business

Spending on Mother's Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country's tepid economic recovery, according to the University of the Thai Chamber of…

Australian shares are trading lower on Wednesday, as investors await crucial inflation data out of the US. Data out of China has already showed that price hikes there are rising, too.

Sky high inflation, the Fed’s rate hikes, and a slowing economy have worried investors and led to massive pressure on the stock market. In such uncertain times, dividend-paying stocks Broadcom (AVGO), BHP Group (BHP), and Insperity (NSP) could be ideal investments for your retirement portfolio, given their fundamental strength. Read…

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could boost oil and gas prices significantly. Given the industry tailwinds, we think it…

The macroeconomic headwinds and the growing recession risks are leading to immense volatility in the stock market. While investors are awaiting the July inflation report, the Fed has signaled more rate hikes in the coming months, despite the slowing economy. Given the uncertainties ahead, we think it could be wise…

Multi-decade high inflation and rising interest rate hikes have increased the odds of the economy slipping into a recession. Since the economic data releases and speculations surrounding them are expected to keep the market volatile, it could be wise to avoid high-trading volume stocks AMC Entertainment (AMC), Snap (SNAP), NIO…