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The Latest Breaking News from Economy

3 Explosive Growth Stocks to Buy This Week for Under $50

After a challenging year, growth stocks are expected to stage a recovery this year amid easing inflation and the Fed’s downshift on monetary policy tightening. Furthermore, recent strong economic data fed investors' and economists’ hopes that the economy could achieve a soft landing. Hence, it could be wise to buy…

StockNews.com

Bank of England boss signals interest rates may have peaked

But Governor Andrew Bailey says rates could rise again if inflationary pressures become embedded

The Guardian - UK

Egypt: Calls Made to Review Investment Laws, Increase Incentives

Investors, businessmen and economists have called for the need to review Egypt’s investment laws, increase investment incentives and rely on the free zones system to strengthen the Egyptian economy in light of the current global challenges. Twenty-six representatives of major investment companies and executive agencies, as well as business experts,…

Asharq Al-Awsat

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Economists back tourists and international students to keep Australia out of recession

Sharp interest rate hikes are putting families under pressure, slowing economic growth, but a tourism rebound is providing recession optimism.

The New Daily

In Egypt, government and poor struggle with troubled economy

Egypt is in an economic crisis worsened by the Russian invasion of Ukraine

The Independent UK

Inflation still the 'defining challenge' as Australia's economic activity slows

Australia has recovered better than most from the COVID pandemic. As measured by gross domestic product (GDP), the economy is now 7% larger than it was before the pandemic.

The Conversation

Türkiye's Economy Grew 5.6% in 2022

Türkiye's economy expanded 5.6% in 2022, official data showed on Tuesday but growth was expected to slow significantly to 2.8% in 2023 after earthquakes this month caused widespread destruction in the south of the country. The economy had started cooling in the second half of 2022 with a decline in…

Asharq Al-Awsat

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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

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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ABC News

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.

Bangkok Post

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.

The Conversation

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?

Belfast Live

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"

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Irish Mirror

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

ABC News

'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.

AAP

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.

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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