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The Latest Breaking News from Economy

Asian shares advance on back of rally on Wall Street

Asian shares are mostly higher after U.S. stocks stormed back from sharp losses to log strong gains

The Independent UK

AGL and NuRock tap into the potential of coal ash recycling

Coal ash is possibly the largest pollution legacy of coal-fired power production in the Hunter yet remarkably it receives relatively little attention in discussions about the region's transition to a clean energy economy.

Newcastle Herald

Calls for over-the-top video industry to be self-regulating

Over-the-top (OTT) businesses should be self-regulating to ensure operational flexibility and enhance the business environment, which would be a boon for the labour market and the economy, according to a seminar held by Asia Internet Coalition, an industry association that gathers leading Asia-Pacific internet companies.

Bangkok Post

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

Liverpool City Region hopes to generate billions as country's ‘innovation engine’

Unveiled by Metro Mayor Steve Rotheram, the plan aims to showcase and attract investment for projects that could deliver £40bn for the region’s economy

Liverpool Echo

'Time for economic pivot,' says Arkhom

Thailand should focus on reviving the economy ahead of injecting money into Covid-19 relief programmes, Finance Minister Arkhom Termpittayapaisith said on Monday, in a move perceived to signal a scaling down of financial aid for victims of the pandemic.

Bangkok Post

There's a lot of talk about recession. What should you believe?

In spring two years ago, the coronavirus pandemic threw the U.S. economy into recession. Last spring, the proliferation of vaccines swung it into a rapid expansion.

Tribune News Service

Japan pushes new diplomatic profile

During Golden Week, around the first week of May, Japanese politicians will usually spend time at home with their constituencies and families. Not the prime minister of Japan, Fumio Kishida, however. He knows full well that as the world's third-largest economy, Japan's wider diplomatic and security profile in the era…

Bangkok Post

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Will the Fed cause a recession by raising rates? Here’s what experts are saying

High inflation comes with a heavy economic price, but so can the Federal Reserve’s attempts to get it under control.

Tribune News Service

Zimbabwean youths find cheap highs in used diapers, sanitary pads

Experts say the prevalent drug abuse highlights a lack of social nets as Zimbabwe’s economy continues to tank.

Al Jazeera

Xi puts ideology before economy with market-busting lockdowns

China’s worst equity selloff since early 2020 reflects a growing concern about President Xi Jinping: He can’t afford the political costs of shifting from a COVID Zero strategy that is pummeling the economy.

Tribune News Service

Cheap flights as Aer Lingus slashes fares to New York and Orlando in flash sale

Super savings can be made on daily services from Manchester with discounts of £100 off economy fares and £300 off business class

Wales Online

Opinion: Will U.S. Rate Hikes Send Chinese Stocks and Bonds Tumbling?

It depends on whether the slowdown in Chinese economy can be reversed

Caixin Global

Cost of living crisis not hit Clifton's upmarket butchers - yet

"The health of an entire economy can in many respects be determined by the cuts of meat people buy"

Bristol Post

What are the economic challenges facing Macron in his second term?

With Emmanuel Macron having secured a second term in office, we take a closer look at the French president's economic proposals for the next five years. From inflation to the energy crisis to the cost of living, Macron has laid out specific measures in a bid to fix the many…

France 24

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Los Angeles Times

What will it take for Germany, Europe’s heavyweight, to stand up to Russia?

As the savage war in Ukraine continues, the world expects Germany, Europe’s largest economy and a political heavyweight, to play a central role in the fight to isolate and stop Russia. But how serious is Germany about supporting Ukraine?

Birmingham Post

East Midlands Freeport makes £25m case for next stage of tax free status

Government says East Midlands tax sites will support 61,000 jobs and bring extra £8.9bn into the local economy over 30 years

France 24

Macron re-elected as French voters hold off Le Pen’s far right once more

French President Emmanuel Macron has seen off his far-right rival Marine Le Pen to secure five years more years at the helm of Europe’s second economy. But the narrowing margin of victory and an increasingly polarised nation herald another rocky term for the incumbent, whose success was tarnished by the…

Bangkok Post

Pitching a piece of the local EV market

As the global economy transitions to a low-carbon future, green investment in renewable energy and environmentally friendly businesses, including the fast-growing electric vehicle (EV) industry, has become a megatrend that serves to shape markets.

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The Hindu

A ‘drop the pin’ event in Chinese politics

There could be headwinds as the CPC prepares for its 20th Congress in autumn and tracks the ‘China Dream’

Liverpool Echo

Women in poorest parts of Merseyside die younger than those in Colombia, Latvia and Hungary

It is "a somewhat disappointing showing for the world's fifth largest economy"

Salon

Sanctions won't stop Putin — this might

All along, Putin has counted on the fact that Europe needs Russian gas. But that's also his Achilles heel

Asharq Al-Awsat

Egypt Seeks Increasing Private Sector Participation in Economic Activities

Egypt has a new document for the state ownership policy, a national strategy aimed at maximizing the participation of the private sector in economic activity, announced Finance Minister Mohamed Maait. The Minister indicated that this "reassures" local investors, attracts foreign investments, and enhances the confidence of international institutions. Maait met…

The Hindu

Indo-Bangla connectivity projects to boost Eastern India economy: ex- MEA Secretary

Riva Ganguly Das said that work on international road, rail and waterway connectivity projects is moving at a fast pace

The Hindu

Mann ki Baat | PM Modi urges a ‘Cashless Day Out’ to boost digital economy

In his monthly Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said small online payments are helping build a big digital economy

Asharq Al-Awsat

Saudi Arabia Expects Stronger Growth in Non-Oil Sector

Saudi Minister of Finance Mohammed al-Jadaan said he is expecting stronger-than-expected growth this year in the non-oil sector underpinned by the structural reforms under Vision 2030. Jadaan asserted that the Kingdom remains committed to prudent policies to maintain monetary and financial stability and preserve a solid fiscal position while accelerating…

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