The Latest Breaking News from Economy

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.

Top News · Apr 16, 2024

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 · Apr 16, 2024

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 · Apr 16, 2024

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.

International Business Times · Apr 16, 2024

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.

InsideEVs · Apr 15, 2024

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.

Top News · Apr 15, 2024

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.

Latin Times · Apr 15, 2024

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...

Top News · Apr 15, 2024

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.

Top News · Apr 15, 2024

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.

Top News · Apr 15, 2024