The Latest Breaking News from Economy

Clive Palmer’s United Australia Party continues to make waves in the federal election campaign, most recently with advertisements on massive billboards pledging a “maximum 3% interest rate on all home loans for five years”. But does this promise stack up?

Research reveals that Scottish businesses are looking to grow their teams and expand into new markets

A Russian court has ordered the early release of former economy minister Alexei Ulyukayev, who was sentenced in 2017 to eight years in jail on corruption charges, Interfax news agency reported on Thursday, citing an unnamed source.

The U.S. economy unexpectedly shrank in the first quarter, according to gross domestic product data released on April 28, 2022. While the reasons were technical and weren’t seen as signs of weakness, they add to worries that the U.S. might be headed for another recession as the Federal Reserve seeks…

Apple and Amazon shares tumble in after-hours trade as they warn of inflation and supply constraints, while Australian shares follow Wall Street higher as investors shrug off downbeat GDP figures in the United States.

The government is investing to accelerate food system transformation with a focus on knowledge and technology-based investment in a bid to ensure the country's food security, while reaffirming its commitment to the UN's framework through the Bio-Circular-Green Economy (BCG) model.

Thai households are saddled with the highest level of debt in 14 years and prospects remain worrisome as the Thai economy has not yet recovered while the prices of goods keep rising, weakening consumer purchasing power.

Some European energy firms are considering a two-tiered payment scheme, which would comply with Russian demands for payments in roubles. German provider Uniper is among those arguing the system would comply with EU law – although Brussels has warned that companies could breach sanctions if they agree to the Kremlin's…

The latest report on gross domestic product is complicating President Joe Biden’s pitch that the U.S. economy is strong

Analysts slashed the earnings estimates for the Chinese technology giants for a second straight month amid the nation’s persistent goal of its Covid-Zero strategy, Bloomberg reports. Analysts trimmed Alibaba Group Holding Limited (NYSE:BABA) estimates by 4.2% and Baidu, Inc (NASDAQ:BIDU) by 8.1%. U.S.-listed shares of Baidu have lost 10% in April, while those of Alibaba…

HYDERABAD