Business
US: Wall Street tumbles at the open as US economy contracts in first quarter
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the…
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Economy
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Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Trump Blasts Federal Reserve Chairman Jerome Powell and Calls for Him to be Fired after Demanding Interest Rate Cuts to Boost Economy
Donald Trump intensified his longstanding conflict with Federal Reserve Chairman Jerome Powell as the President attacked him for not going…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling…
Business
ECB to cut rates again to help economy overcome trade turmoil
The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up…
Business
Bhutan turns to 'green' cryptocurrency to fuel economy
By Rupam Jain NEW DELHI (Reuters) - The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using…
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Crumbling bridges slow traffic and the economy in Germany. Can more money fix the problem?
BAD SCHANDAU, Germany (AP) — Germany's reputation for efficiency is taking a hit from crumbling concrete. Cracks and collapses are also a…
Business
Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
CHICAGO Federal Reserve Bank President Austan Goolsbee on Tuesday said while the “hard” data show the underlying US economy is solid, the…
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China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…
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China’s restaurants race to the bottom in deflation-hit economy
In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs…
Business
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a…
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RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions this year to rekindle…
Business
How Spain's economy became the envy of Europe
Spain attracts the second highest number of overseas visitors after France It's a chilly mid-winter afternoon in Segovia, in central…
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A new Syrian government struggles to reset its corrupt, besieged economy
ALEPPO, Syria — To understand the shakedown empire that was once Syria under former President Bashar Assad, consider the notorious…
Business
Chinese commodities firms bear the brunt of a slowing economy - The Business Times
Overcapacity has compounded the impact of China’s slowing growth on these stalwarts of the old economy CHINESE industrial profits show…
Business
Posts falsely claim Ethiopia overtook Nigeria to become Africa’s fourth-largest economy
Nigeria’s economy has struggled in recent years due to lower oil prices and tough economic reforms, resulting in a severe cost-of-living…
Business
You wasted $771 sitting in traffic last year
The average driver lost $771 in time and productivity due to traffic jams in 2024, a transportation analyst at INRIX told Newsweek. Why It…
Business
MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3…
Business
Americans say Santa will be less generous this year
What's New Sixty-eight percent of Americans said that Santa will be less generous this Christmas because of economic pressure, according…
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Russia's economy is set to lose another source of income that Ukraine controls
Russian leader Vladimir Putin has acknowledged that his country's natural gas transit deal with Ukraine will not be renewed.Sergei…
Business
Never mind Trump, stocks may get a lift in 2025 from resilient US economy and corporate earnings
Singapore investing themes include riding elevated profitability at the banks; hunting for bargains among beaten down Reits; and watching…
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China faces AI talent shortage in an otherwise booming 'new economy' sector, report finds
China's booming artificial intelligence (AI) industry has a plethora of job openings but not enough talent to fill them, according to a…
Business
‘The military has been inserted into the economy’: how the army became ubiquitous in Mexican life
A new package holiday promises to whisk tourists in the Yucatán Peninsula from plush hotels to Mayan ruins on a new airline and…
Business
German business, unions: Syrian workers help economy and should stay
A chorus of business and union leaders argued over the weekend for keeping Syrian workers in Germany, following a suggestion from a…