The Latest Breaking News from Economy

US credit rating agency Fitch has upgraded eight Saudi banks’ long-term issuer default ratings to “A-” from “BBB+,” with a stable outlook, according to a press statement. In this regard, experts told Asharq Al-Awsat that the current account surplus of the Saudi economy over the last period, which exceeded $1…

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

The Group of Seven nations vowed to support Ukraine for “as long as it takes” in its fight against Russian forces, while also calling for greater engagement with China to stabilize relations with the world’s second-biggest economy.

First quarter growth rate was higher than forecast by analysts as the country’s retail sector performed better than expected

Latest economic data suggest world’s second-largest economy is firmly on recovery path after end of pandemic curbs.

The Programme Management Unit for Competitiveness (PMUC), a research funding unit, plans to showcase research work that supports the Thai economy and the country’s competitiveness at a two-day event later this month to mark four years of funding worth 7 billion baht.

India has the world’s largest workforce. But without enough good jobs, that unmatched advantage could be a nightmare.

China’s economy grew 4.5% in the first quarter of the year, boosted by increased consumption and retail sales, after authorities abruptly abandoned the stringent “zero-COVID” strategy

The ruling Palang Pracharath Party (PPRP) has pledged to intensify the promotion of soft power as another key driver of the economy if the party wins the general election, set to take place on May 14 this year.

The Chartpattanakla Party on Monday proposed an economic development policy to stimulate the economy and bring growth to Nakhon Ratchasima and the northeastern region.