Economy

Carney calls himself a 'great economist' while sparring with Poilievre on the economy
OTTAWA — Conservative Leader Pierre Poilievre offered Prime Minister Mark Carney a backhanded compliment while grilling him on the size of the deficit in the upcoming budget — which...
Canada PM names key projects to jumpstart Trump-hit economy
Canada PM names key projects to jumpstart Trump-hit economy
[ALBERTA, Canada] Canada’s Prime Minister Mark Carney unveiled his initial list of major national projects on Thursday, backing critical minerals, nuclear power and port expansion to bolster an economy...
Kasikornbank ditches key profit goal as Thai economy falters
Kasikornbank ditches key profit goal as Thai economy falters
[BANGKOK] Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate further, denting loan demand and increasing defaults.The commercial lender is...
Hong Kong’s key rate climbs above 3% to pose risks for economy
Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economyPublished Wed, Aug 27, 2025 · 04:54 PM[HONG KONG] Liquidity conditions in Hong Kong...
Bubble risks grow as China’s stock bull run defies economy angst
Bubble risks grow as China’s stock bull run defies economy angst
[BEIJING] China’s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending their bull run – a disconnect that’s stirring doubts on...
RBNZ seen resuming rate cuts as focus shifts to wilting economy
RBNZ seen resuming rate cuts as focus shifts to wilting economy
[WELLINGTON] New Zealand’s central bank is expected to cut interest rates this week, resuming its easing cycle after a pause in July as the economy shows signs of stalling.The...
Japan’s Nikkei ends at record high as yen weakens, economy shows resilience
Japan’s Nikkei ends at record high as yen weakens, economy shows resilience
Published Fri, Aug 15, 2025 · 03:42 PM[TOKYO] Japan’s Nikkei closed at an all-time high on Friday (Aug 15), as the yen weakened and data showed the nation’s economy...
US: Stocks tumble as weak jobs report adds to doubts on economy
US: Stocks tumble as weak jobs report adds to doubts on economy
Published Sat, Aug 2, 2025 · 06:10 AM[NEW YORK] Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US...
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
[FRANKFURT] The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as...
China’s gig economy booms as blistering heat leaves workers exposed
China’s gig economy booms as blistering heat leaves workers exposed
[BEIJING] On a scorching morning in Beijing, Hao and a dozen other food delivery drivers sweltered outside a hot-pot restaurant. They smoked. They swiped through videos. They waited for...