The Latest Breaking News from Economy

China’s Central Bank Takes Surprising Step As Economy Falters

The rates for the People's Bank of China's one-year medium-term loan facility were unexpectedly cut by 15 basis points to 2.5%. 

Zenger · Aug 15, 2023

Onus is on opposition parties to isolate ‘communal’ BJP, says D.V.V.S Varma

Speaking at a round-table conference organised by a civil society organisation Asra, here on Tuesday, he contended that ‘‘Manipur is burning due to the divisive politics played by the BJP and its governments at the Centre and the State. The saffron party is aggravating the age-old ethnic tensions in that…

The Hindu · Aug 15, 2023

Stock market today: Wall Street falls with markets worldwide after weak economic data from China

Stocks worldwide are falling as China’s faltering recovery raises worries for the rest of the global economy

The Independent UK · Aug 15, 2023

Scottish unemployment figure up but below UK average

Scotland’s unemployment rate has jumped to four per cent as new figures showed a rise in the number of people out of work.

The National (Scotland) · Aug 15, 2023

UK economy defying the ‘moaners and groaners’, Legal & General chief says

Legal & General boss Sir Nigel Wilson decried the levels of “moaning and groaning” about a UK economy that has proved more resilient than expected over the past 18 months.

Evening Standard · Aug 15, 2023

Pandora UK: Bringing back VAT-free shopping could bring boost to retail sector

Jewellery chain Pandora has over 200 shops in the UK, including 13 in London

Evening Standard · Aug 15, 2023

Modi says India's economy will be among the top three in the world within five years

Prime Minister Narendra Modi says India’s economy will be among the top three in the world within five years

The Independent UK · Aug 15, 2023

Vishwakarma scheme, economy, Manipur: Key takeaways from Modi’s Independence Day speech

With the Red Fort’s ramparts missing the usual heavy floral decorations this time, Prime Minister  Narendra Modi began his Independence Day speech by referring to citizens as his “parivarjan” (family members), instead of his usual “mere pyaare deshwaasiyon” (my beloved countrymen).

Newslaundry · Aug 15, 2023

RBA says slowing economy and acute pressure on household budgets behind interest rate pause

Minutes from the Reserve Bank’s August meeting show the board considered lifting the cash rate to 4.35% but decided to allow more time to look at economic data

The Guardian - AU · Aug 15, 2023

Opposition refers minister to Ibac – as it happened

This blog is now closed.

The Guardian - AU · Aug 14, 2023