The Latest Breaking News from Economy

Finance minister: Economy to grow 3.0-3.5% this year, recovery intact

Thailand's economy is expected to grow by 3.0% to 3.5% this year, helped by public investments and a pick-up in the vital tourism sector, Finance Minister Arkhom Termpittayapaisith said on Monday.

Bangkok Post · Aug 22, 2022

‘The world flipped upside down’: will end of Roe galvanize Democrats’ base in midterms?

Democrats believe a brewing backlash after June ruling will reshape the battle for control of Congress and statehouses this fall

The Guardian - US · Aug 22, 2022

Oil Slumps on Fears over Economic Slowdown, Stronger Dollar

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure. Brent crude futures for October settlement declined $1.20, or 1.2%, to $95.52 a barrel…

Asharq Al-Awsat · Aug 22, 2022

Hydrogen's big difficulties need to be explained and accounted for if we are to believe in a 'hydrogen economy'

It penetrates steel: just one of the pitfalls of hydrogen

Newcastle Herald · Aug 21, 2022

Real wages are shrinking as profits are soaring. But are most businesses really raking it in?

Workers are getting a record low share of Australia's national income, while company profits surge. But is it just a temporary phenomenon caused by the commodities boom or a deeper structural crisis in our economy?

ABC News · Aug 21, 2022

German minister rules out keeping nuclear plants running to save gas

German Economy Minister Robert Habeck ruled out on Sunday extending the lifespan of the country's three remaining nuclear power plants in order to save gas, saying it would save at most 2 percent of gas use.

Reuters · Aug 21, 2022

UK shoppers are keeping calm and carrying on. Why?

Consumers are in either denial about the economy or think they are managing … for now

The Guardian - UK · Aug 21, 2022

Russia's war at 6 months: A global economy in growing danger

It's almost six months since Russia invaded Ukraine, and the consequences are posing a devastating threat to the global economy

The Independent UK · Aug 21, 2022

Apec meet to find 'balance' in post-Covid recovery

Prime Minister Prayut Chan-o-cha expects the upcoming 12th Apec High‐Level Meeting on Health and the Economy to serve as a global forum to discuss medical innovations and measures to strike a balance between public health security and economic recovery.

Bangkok Post · Aug 20, 2022

US economy flashes signals of hope and concern in mixed data

WASHINGTON — Data this week generated a mixed report card of the U.S. economy, showing both resilience in the face of high inflation and signs of troubles ahead.

Tribune News Service · Aug 20, 2022