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The Latest Breaking News from Economy

Afternoon Update: ‘Worst of inflation behind us’; China angry over TikTok bans; and why you should walk 11 minutes a day

Australia’s economy loses steam as interest rates bite

The Guardian - AU

Asian shares, oil advance on strong China factory data

Asian shares are higher after key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year

The Independent UK

Joint business group maintains growth outlook

The Thai economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounds but exports weaken, a leading joint business group said on Wednesday.

Bangkok Post

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China's manufacturing accelerates as economy revives

Two surveys show China’s factory activity accelerated in February as the economy revived following the end of anti-virus controls that kept millions of people at home and disrupted travel and trade

The Independent UK

Nigerian ruling party’s Bola Tinubu wins race for presidency

Bola Tinubu was declared the winner of Nigeria’s presidential election, a victory that will place him at the helm of Africa’s biggest economy as it confronts a deepening fiscal crisis, acute shortages of local and foreign currency and gasoline, and widespread insecurity.

Tribune News Service

Australian economy slows as families suffer

Australia’s economy continued to slow over the final three months of 2022 as households tightened their belts, new official data has revealed.

The New Daily

Australia’s economy grows 0.5 per cent in December quarter

Australian Bureau of Statistics figures show the domestic economy expanded by 0.5 per cent in the fourth quarter, which was softer than expected.

The New Daily

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Australia's economy grew 0.5pc in December 2022 quarter, ABS data reveal, well below most economists' forecasts

Australia's economy grew 0.5 per cent in the final three months of 2022, well below most economists' forecasts.

ABC News

Government bid to raise country's digital competitiveness

The Digital Economy and Society (DES) Ministry wants digital-related businesses to contribute 30% of GDP and for Thailand to reach the top 30 of the IMD World Digital Competitiveness Ranking, both by 2027.

Bangkok Post

Sanctions rarely work, but are they still the least worst option?

How do we encourage states – or more specifically the people who run them – to behave well, or at least not badly?

The Conversation

Lisburn & Castlereagh Council reported to Audit Office over recycling plans

"This decision not only defies the most basic common sense, but is also bad for the environment, bad for the economy and an affront to local ratepayers in Lisburn and Castlereagh"

Belfast Live

Passengers can grab €100 discount on return flights to America in special Aer Lingus sale

The deal includes €100 off economy return flights and €200 off business class flights from Ireland to the US

Irish Mirror

'Recession risks are rising' but the latest GDP numbers are expected to show 'solid' growth

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

ABC News

Australia's economy grows 0.5 per cent in Dec quarter

Australian Bureau of Statistics figures show the domestic economy expanded by 0.5 per cent in the fourth quarter, which was softer than expected.

AAP

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Manchester Evening News

All the major changes affecting your money in March

Many people's financial situations will likely be impacted by a series of changes throughout March

The Independent UK

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

StockNews.com

3 China Stocks to Buy Now for Under $10

After lifting strict COVID-19 restrictions, the Chinese economy is set to rebound this year due to its reopening, with stocks witnessing significant growth. Hence, it could be the right time to invest in Chinese stocks Hello Group (MOMO), Waterdrop (WDH), and Tarena International (TEDU), which are currently trading below $10.…

Birmingham Post

ABP outlines £2b investment as it eyes Net Zero by 2040 in new sustainability strategy

Humber a huge focus for leading UK port operator

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The National (Scotland)

FACT CHECK: Would Scottish independence really cost us 250,000 jobs?

Would Scottish independence really cost us 250,000 jobs?

Insider UK

Scottish pessimism about the economy remains

While two thirds reckon economic conditions will get worse in the next 12 months, this figure has dropped since November

The Times of India

India's Q3 GDP at 4.4%; economy to grow at 7% in FY23

NEW DELHI: India's gross domestic product for the third quarter (September-December 2022) of financial year 2022-23 grew by 4.4%, data released by the Centre showed on Tuesday.

Axios

Biden's economic gamble

Biden officials are convinced the economic data cuts in their favor.

The Guardian - UK

Cancelling fuel duty freeze could pay for public sector pay rise, says IFS

Tax and spending watchdog says pay rises would not cause inflation

Birmingham Post

The huge economic impact of BT on the Welsh economy

A new report has looked at the direct, indirect and induced impacts of the telecoms group on the economy

The Times of India

Indian economy seen losing speed as rising rates hurt demand

NEW DELHI: India’s economic expansion likely slowed in the October-December period, as rising borrowing costs crimp consumption that’s a key growth driver.

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