The Latest Breaking News on Economy

Some think a recession is inevitable. Is your game plan ready if it is?

Gold prices hit a 13-month high, touching US$2,031 per ounce as weak US economic data spurred demand for the safe-haven asset amid a weakening dollar, according to analysts.

With the collapse of several banks in the last few weeks, many fear that their deposits aren’t safe and another financial crisis is looming. Worse, the fight in Washington over raising the debt ceiling threatens to strain the system still more. These two issues may seem worlds apart, but both…

However, the Confederation for British Industry (CBI) said its latest growth report showed ‘signs of green shoots’.

There has not been a wages breakout even in this period of extraordinary inflation, yet the fear of one continues to be spread

The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.

The Productivity Commission’s nine-volume report has a tough central message. It says productivity policy has to focus on the areas that have proven the hardest in the past, rather than those where previously progress has been most readily achieved.

Latest research reveals mixed progress across leading indicators

Dr Liz Cameron, of the Scottish Chamber of Commerce, said the country needed a credible plan to drive economic growth.