Economy

PBOC to step up support for economy, shifts focus to consumption
PBOC to step up support for economy, shifts focus to consumption
CHINA’S central bank said the country’s banks have to do more to foster the real economy in its latest effort to reignite the country’s flagging consumption. The People’s Bank...
“Economy On Strong Wicket”: Nirmala Sitharaman Presents Economic Survey
“Economy On Strong Wicket”: Nirmala Sitharaman Presents Economic Survey
New Delhi: Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023/24 in Parliament Monday, a day before she will present a record seventh union budget. Ms Sitharaman described the...
PBOC to step up support for economy, shifts focus to consumption
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
Banks face record number of UK lawsuits as economy stumbles
Banks face record number of UK lawsuits as economy stumbles
Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows no sign of slowing down.Almost three new cases involving...
US Voters Prefer Biden’s Democracy Approach, Trump’s Economy Plan: Report
US Voters Prefer Biden’s Democracy Approach, Trump’s Economy Plan: Report
Joe Biden also had an edge over Donald Trump on healthcare policy - 40% to 29%: Report (File)Washington: US voters see Republican presidential candidate Donald Trump as the better...
EU tariffs on China not a ‘punishment’, says German economy minister
EU tariffs on China not a ‘punishment’, says German economy minister
Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday (Jun 22).Habeck’s visit to China is...
India Fastest Growing Economy, To Clock 6.7% Growth In 3 Years: World Bank
India Fastest Growing Economy, To Clock 6.7% Growth In 3 Years: World Bank
It further said global growth is projected to hold steady at 2.6 per cent in 2024.New Delhi: India will remain the fastest-growing major economy recording a steady growth of...
European beads give new understanding of Indigenous trading economy
Breadcrumb Trail LinksNewsCanadaEuropean glass beads found at North American archeological sites that predate European colonization are evidence of a vast trading economy, a new report concludesPublished Jun 07, 2024...
Thai central bank says current inflation goal ‘appropriate’ for economy
Thai central bank says current inflation goal ‘appropriate’ for economy
THE Bank of Thailand (BOT) defended its goal to keep inflation within a band of 1 to 3 per cent as “appropriate” for the prevailing economic conditions, after the...
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
Nasdaq’s profit fell for the first time in a year as firms continue to wait for the economy to stabilise before going public. Earnings fell to 63 US cents a...