The Latest Breaking News from Economy

Watch: Rishi Sunak promises ‘fairness at the heart’ of new budget

Rishi Sunak promised to put 'fairness at the heart' of the 'difficult decisions' the Government will be making as he seeks to plug a multi-billion-pound black hole in the nation’s finances. Speaking to broadcasters at Croydon University Hospital, the Prime Minister said: 'I want people to be reassured, we will…

Evening Standard · Oct 28, 2022

The Week Ahead: Why keeping politics out of the inflation fight matters

“Just kick ‘em in the rump a little,” the president told the chairman of the Federal Reserve four days before the central bank’s interest rate setting committee was to meet. The American economy was limping along, federal spending was a growing concern, and a war was raging halfway around the…

Miami Herald · Oct 28, 2022

Recession fears stalk Europe despite German growth

FRANKFURT: Germany's economy unexpectedly grew in the third quarter, official data showed Friday, but slowing growth in France and Spain added to fears that high inflation and an energy crisis will tip the region into recession.

Bangkok Post · Oct 28, 2022

Business body urges politicians to reach resolution, quickly

NI Chamber says the economy is at a "tipping point"

Birmingham Post · Oct 28, 2022

Asian shares mostly lower as Japan preps massive stimulus

Shares are mostly lower in Asia after a mixed session on Wall Street, where tech sector losses offset gains in other parts of the market

The Independent UK · Oct 28, 2022

FII Forum Session Calls for Transition to Resilient Economy to Face Challenges

The third and final day of the 6th edition of the Future Investment Initiative (FII) forum embarked on its activities with a session titled “Transforming Banking and Investment for the Resilient Economy.” The CEO of Saudi EXIM Bank Group, Saad bin Abdulaziz Al-Khalb, participated in the session, which was held…

Asharq Al-Awsat · Oct 28, 2022

Ukraine economy to shrink by almost 32% in 2022 - central bank

Ukraine's economy will shrink by almost 32% this year and annual inflation will accelerate to 30%, largely due to the damage done by Russia's invasion, the Ukrainian central bank said on Thursday.

Reuters · Oct 27, 2022

In an economy blighted by inflation, Australians like Dimuthu are collateral damage

Dimuthu Peterson is building a home and is trapped between rising rates and rents. The Perth mother feels hopeless in the current economy dogged by inflation.

ABC News · Oct 27, 2022

Deputy premier hopeful for 2023

Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

Bangkok Post · Oct 27, 2022

Biden says GDP growth undercuts ‘doomsayers’ ahead of midterms

WASHINGTON — The latest U.S. economic data shows that the economy “is continuing to power forward” and is not in a recession, President Joe Biden said.

Tribune News Service · Oct 27, 2022