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The Latest Breaking News from Economy

Breaking Live 6 publishers covering this story in the last 6 hours

49m ago Global economy is shifting East, Global South must seize the moment: Shaktikanta Das
2h ago China rolls out new measures to bolster its property sector and economy
2h ago India to have more older population set as fertility falls below replacement: Moody’s
2h ago 83% of CFOs say U.S. stocks are overvalued, even as optimism about their companies rises
3h ago Trump Slashes Fuel Economy Standards: Critics Warn Drivers Will Burn More Gas as Prices Soar

BoT: Tourism keeps economy on upward path

The economy continued to recover in December, boosted by increased tourism and domestic consumption, while exports were affected by the slowing economies of trading partners, the Bank of Thailand said on Tuesday.

Bangkok Post · Jan 31, 2023

Nirmala Sitharaman tables Economic Survey 2022-23 in Lok Sabha: Highlights

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament ahead of the Union Budget to be presented on Wednesday.

The Times of India · Jan 31, 2023

Britain to be worst-performing major economy this year, warns IMF; UK mortgage approvals tumble and company insolvencies surge – as it happened

Britain is the only G7 economy forecast to shrink in 2023, the IMF says, as higher energy prices, rising mortgage costs and increased taxes hit growth.

The Guardian - UK · Jan 31, 2023

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Asian shares fall in muted trading ahead of Fed meeting

Asian shares are mostly lower in muted trading as investors await decisions on interest rates and on earnings reports from around the world

The Independent UK · Jan 31, 2023

Tourist arrivals on Koh Samui top 200,000 in January

SURAT THANI: More than 200,000 tourists visited Koh Samui in January, giving a welcome boost to the tourist island's economy.

Bangkok Post · Jan 31, 2023

IMF Upgrades Outlook for the Global Economy in 2023

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. That's the view of the International Monetary Fund, which now expects the world…

Asharq Al-Awsat · Jan 31, 2023

Samsung’s Profit Plummets amid Global Economic Woes

Samsung Electronics said Tuesday its profit for the last quarter plummeted nearly 70% as a weak global economy depressed demand for its consumer electronics products and computer memory chips. The company’s operating profit of 4.3 trillion won ($3.5 billion) for the three months through December fell 69% from a year…

Asharq Al-Awsat · Jan 31, 2023

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What the papers say – January 31

A dire forecast for the UK economy dominates Tuesday’s front pages.

The Independent UK · Jan 31, 2023

Higher obesity levels linked to lower productivity in England, research shows

Report by former government adviser says plan needed to tackle obesity, thought to cost UK economy £27bn a year

The Guardian - UK · Jan 31, 2023

Labour and Tories' 'conspiracy of silence' over Brexit impacts condemned

LABOUR are in a “conspiracy of silence” with the Tories about the harmful impacts ofBrexit on the UK, top SNP figures have said on the…

The National (Scotland) · Jan 31, 2023

Chinese factory activity rebounds, adding to recovery signs

A survey shows Chinese factory activity rebounded in January, adding to signs the world’s second-largest economy might be recovering from a painful slump

The Independent UK · Jan 31, 2023

IMF warns UK economy is set for sharp contraction in ‘weakest performance among G7’

IMF predicts UK economy will contract by 0.6% in 2023 as Britain looks set to suffer more than most from soaring inflation

The Independent UK · Jan 31, 2023

UK tipped to be weakest major economy in world as cost-of-living crisis hits households hard

The IMF has predicted UK output to shrink by 0.6% this year

Wales Online · Jan 31, 2023

UK economy to shrink more than Russia, predicts IMF

The forecast leaves the UK economy languishing behind sanctions-hit Russia

The Independent UK · Jan 31, 2023

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The Independent UK · Jan 31, 2023

IMF upgrades its outlook for the global economy in 2023

The Guardian - UK · Jan 31, 2023

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

Daily Mirror · Jan 31, 2023

UK economy to go BACKWARDS in 2023 with worst performance of all major nations

The UK is set to see its economy contract 0.6% this year according to the International Monetary Fund which will be the worst performance of all the advanced nations

AAP · Jan 31, 2023

Global growth outlook slightly healthier, says IMF

The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.

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Evening Standard · Jan 31, 2023

UK recession warning as IMF predicts weakest performance among G7

Britain's economy will slam into reverse this year as the cost-of-living crisis hits households hard, the International Monetary Fund warns

Bangkok Post · Jan 30, 2023

MTL growth set to match overall sector

Muang Thai Life Assurance (MTL) expects to grow in line with the overall insurance industry this year, saying the cooling global economy would have a minimal impact on insurance policy renewals as consumers are more health-conscious following the Covid-19 pandemic.

Bangkok Post · Jan 30, 2023

Exim Bank set to expand BCG loans

Export-Import Bank of Thailand (Exim Bank) aims to expand the proportion of loans it extends to businesses conforming to the bio, circular and green economy (BCG) model to 50% of its anticipated total outstanding loans in the next three years from the current level of 28%.

Bangkok Post · Jan 30, 2023

How not to fight global inflation

Despite favourable indices, it is too soon to tell whether inflation has been tamed. Nonetheless, two clear lessons have emerged from the recent price surge.

Daily Mirror · Jan 30, 2023

NASA sending ship to asteroid worth £8quintillion to better understand Earth's origins

Despite being delayed for a year, NASA is now set to launch the Psyche space programme to an asteroid that is so valuable it's worth about 70,000 times the entire global economy

The Times of India · Jan 30, 2023

Italian flyer hits cabin crew member on Vistara flight, held

MUMBAI: A 45-year-old Italian woman passenger was arrested early Monday morning after she allegedly punched a cabin crew member and spat on another on board a Vistara Airline flight (UK 256) from Abu Dhabi to Mumbai. Sahar police, who registered a case on the airline staff’s complaint, said the flyer,…

Reuters · Jan 30, 2023

Italy's Finance Minister tightens grip on nominations for top jobs at state-backed firms

Italy's Economy Minister Giancarlo Giorgetti is working on an internal directive stressing that the main steps for an imminent round of appointments to top state-controlled firms must pass through his office, political sources said.

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