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The Latest Breaking News from Economy

Fed's Powell To Adjust Policy Based On Strong Data

Federal Reserve Chairman Powell and Treasury Secretary Jefferson to discuss 'restrictive' monetary policy in response to strong economic data, focusing on ...

Top News

Dow CEO: My company is a major plastic producer. We must end plastic pollution

This month, an intergovernmental meeting convenes in Ottawa in hopes of advancing a legally binding global agreement to end plastic pollution.

Fortune

Chinese growth beats expectations in first quarter amid German chancellor's visit

China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile,…

France 24

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Pakistan Aims For Swift Approval Of New IMF Loan

Pakistan's Finance Minister is optimistic about securing an IMF loan to address economic challenges and stabilize the country's economy.

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Japan Finance Minister Monitoring Yen Exchange Rate

Japan's finance minister closely monitors FX market and yen's impact on economy for stability.

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Fed Chair Daly Urges Caution In Rate Cuts Decision

The President of the Federal Reserve Bank of San Francisco, Mary C. Daly, has stated that the Federal Reserve should not rush to cut interest rates unless it is deemed necessary. Daly's comments come amidst growing speculation about the possibility of the Fed implementing rate cuts to stimulate the economy.

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China's Yuan-Dollar Cycle: Vicious Hoarding And Weakening Trend

China's economic landscape has been marked by a cycle of dollar hoarding and a weakening yuan, creating a vicious cycle that has significant implications for the global economy.

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China's Q1 Property Investment Decline Worsens

China's property investment decline in Q1 raises concerns about economic stability and broader implications for the economy.

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UK Wage Growth Slows, Bank Of England Considers Rate Cuts

Recent data shows UK wage growth slowing as Bank of England considers interest rate cuts, raising concerns about the economy.

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Middle East oil shock would lead to higher interest rates, warns IMF; FTSE 100’s worst day in nine months – as it happened

IMF scenario shows how a 15% jump in oil prices would push up global inflation by 0.7 percentage points

The Guardian - UK

Chinese Economy Beats Growth Expectations In First Quarter

Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would "not be easy" and which analysts said was ambitious given the headwinds the country is confronting.

International Business Times

China's Economy Beats Expectations With 5.3% Growth In Q1

China's economy exceeded expectations in Q1 2024 with 5.3% growth driven by manufacturing and household spending. Challenges and policy responses are shapi...

Top News

Equities Sink, Oil Rallies On Fears Of Iran-Israel Conflict

Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend.

International Business Times

China’s economy beats expectations, growing 5.3 percent in first quarter

Statistics agency says economy has made ‘good start’ to the year under the leadership of Chinese President Xi Jinping.

Al Jazeera

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Al Jazeera

Solomon Islands prepares for ‘most important election since independence’

Voters worry about state of economy and cost of living as foreign analysts focus on China ties.

International Business Times

China Posts Forecast-beating Growth In First Quarter

China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity.

InsideEVs

China Paid Billions In Aid To Local EV Makers, Including Tesla, To Dominate The Market: Study

BYD was the biggest beneficiary of China’s support scheme, raking $3.7 billion in direct subsidies, followed by Tesla.

Top News

ECB May Cut Rates More Than Three Times In 2022

The European Central Bank considers multiple interest rate cuts to boost the economy amidst global uncertainties.

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Latin Times

China Economy Seen Slowing In First Quarter On Housing, Consumer Woes

Beijing officials last month set a target of around five percent growth for the year -- a goal they admitted would "not be easy" and which analysts said was ambitious given the headwinds the country is confronting.

Top News

India's Wholesale Prices Increase At Fastest Rate In Three Months

India's wholesale prices surge in August raises concerns about inflation's impact on the economy. Stakeholders must collaborate to mitigate the effects and...

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China's Q1 GDP Growth Expected To Slow

China anticipates a slowdown in Q1 GDP growth, prompting discussions on additional stimulus measures to support the economy.

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US Economic Growth Poses Global Benefit, Inflation Risks Loom

US economic growth has global benefits but faces inflation concerns. The Fed's role in managing inflation is crucial for sustainable growth.

TV Tech

NAB Show to Address Emerging Creator Economy With New Creator Lab

With a projected $480 billion value by 2027, the creator economy is coming on strong

The Hindu

Telangana government initiates corrective measures to put State economy back on track

Telangana government implements cost control measures to increase accountability, reduce debt burden, and boost infrastructure development projects.

Latin Times

New Startup Accelerator Seeks to Boost Latino Entrepreneurs Through Mentorship, Networking

Latino Business Action Network and JPMorgan Chase announced the initiative, which will unfold at the Stanford Graduate School of Business

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