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The Latest Breaking News from Economy

GDP: UK economy shrank 0.1% in March

The figures will increase fears that Britain is heading for another recession as a result of the cost-of-living crisis

Evening Standard

UK economy shrank by 0.1% in March as cost of living crisis bites – as it happened

Calls for emergency budget grow as UK economy contracts unexpectedly in March, with consumers cutting back on spending, and car sector struggling

The Guardian - UK

COVID fuels e-commerce. In search of future opportunities

Ready for e-commerce in 2022

Bangkok Post

From analysis to the latest developments in health,
read the most diverse news in one place.

Taiwan’s Lost Growth (Part 1): How Far Has Taiwan’s Economy Fallen Behind Other Countries Due To Stagnant Wages?

When wages don’t grow, household expenditures and ultimately business profits stagnate as well. Here’s how this has played out in Taiwan.

The News Lens

China fights economic slump, sticks to costly 'zero COVID'

China’s leaders are struggling to reverse a deepening economic slump without giving up a “zero-COVID” strategy that shut down Shanghai and other cities

The Independent UK

Can Xi Jinping vanquish Covid without crushing China’s economy?

In a crucial political year, a series of open-ended lockdowns have heaped pressure on struggling businesses

Financial Times

Chemists want to mine e-waste for metals

We're leaving the fossil fuel era and entering an "age of metals" — and that may mean sifting through our trash

Salon

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Biden mocks Trump as ‘the great MAGA King’ as he blames him for leaving US economy ‘on the brink of a Great Depression’

‘Under my predecessor, the great MAGA king, the deficit increased every single year he was president’

The Independent UK

Depa unveils national food delivery app

The Digital Economy Promotion Agency (Depa) has launched food delivery platform eatsHUB to help small and medium-sized eateries boost their earnings through digital channels.

Bangkok Post

Industry leaders warn of challenges ahead for Thai economy

Despite a gradual recovery projected for the tourism sector, Thailand's economy still faces a spate of challenges including the persistent pandemic and the impact of Russia's invasion of Ukraine, which has disrupted global commerce, pushed up oil prices and threatened food supplies.

Bangkok Post

PM seeks to capitalise on Queen’s Speech at Cabinet away day in Staffordshire

Ministers will discuss the economy, living standards and levelling up as well as upcoming major events including the Queen’s Platinum Jubilee.

The Independent UK

It's a slow recovery ahead

Thailand's economy is showing signs of improvement this year with predicted slow yet sustainable growth if all involved pitch in to help, Finance Minister Arkhom Termpittayapaisith says.

Bangkok Post

Airline passenger satisfaction declines in JD Power ranking

The frustrations of congested airport terminals and crowded planes are returning on top of the lingering effects of the COVID-19 pandemic.

Tribune News Service

Ministry to place greater focus on global megatrends

The Commerce Ministry vows to beef up exports of products related to global megatrends, particularly in the bio-, circular and green (BCG) economy, soft power and carbon market to help rehabilitate the economy battered by Covid-19 and the Russia-Ukraine war.

Bangkok Post

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The Hindu

Letters to the Editor — May 12, 2022

Troubled Sri Lanka

The Guardian - AU

Markets turmoil and interest rate rises: the economic challenges facing Australia after the election

Soaring energy costs, stagflation fears and calls for higher wages are just some of the bumps in the road awaiting a new or returned government

The National (Scotland)

Northern Ireland's economy 'outperforming the UK's because of EU deal perks'

NORTHERN Ireland’s economy is outperforming the UK’s because of its special relationship with the EU – demonstrating how Scotland is “paying…

StockNews.com

3 High-Yield Stocks Wall Street Predicts Will Rally 55% or More

The U.S. equity market has been in correction mode lately on concerns over the Fed’s hawkish stance in fighting decades-high inflation and geopolitical issues. Furthermore, many analysts expect the economy to slip into recession. Therefore, we think it could be wise to bet on high-dividend-yielding stocks Sibanye Stillwater (SBSW), ING…

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news in one place.

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StockNews.com

Are Medical Device Stocks Good Investments During a Recession?

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

StockNews.com

Olin is Our Growth Stock of the Week

Olin (OLN) is one of the top stocks in the market due to its attractive valuation and strong growth prospects. Read on to find out why investors should consider adding it to their portfolios.

The Times of India

Explained: How Sri Lanka fell into its worst economic crisis & what's next

NEW DELHI: Sri Lanka's unprecedented economic crisis has only deepened further in the past few months, stemming from mismanaged government finances and ill-timed tax cuts in addition to the impact of Covid pandemic.

Reuters

Lebanese state violated human rights by mismanaging crisis, UN poverty envoy says

Lebanon's government and its central bank have committed human rights violations by impoverishing people through the "callous destruction" of the country's economy, an independent United Nations report said on Wednesday.

Reuters

Russia's Medvedev, Volodin lash out at U.S. aid to Ukraine

Former Russian president Dmitry Medvedev accused the United States on Wednesday of waging a “proxy war” against Russia after the House of Representatives approved a $40 billion aid package for Ukraine, and said the U.S. economy would suffer.

Reuters

Hungary says its backing of EU's Russia oil ban hinges on hundreds of millions of dollars

Hungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal was out of reach until Brussels offers a "solution" measured in hundreds of millions of dollars to replace Russian oil in the Hungarian economy.

Asharq Al-Awsat

Iran Says it Arrested 2 European Nationals

Iran's intelligence ministry said on Wednesday it had arrested two European nationals for their alleged role in "the organization of insecurity" in the country, Iran's semi-official Students News Agency ISNA reported. The pair were arrested for "for organizing chaos and social disorder aimed at destabilizing the country" in conjunction with…

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