Business
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room…
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Economy
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Singapore digital economy shrank 2.3% in 2023; efforts to help SMEs adopt generative AI underway: IMDA
SINGAPORE’S digital economy shrank 2.3 per cent in nominal terms to account for S$113.2 billion of the nation’s gross domestic product in…
Business
Sinopec profits slump as oil refining suffers from weak economy
SINOPEC’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s…
Business
China’s steel mills and oil refiners bear brunt of tepid economy
CHINESE commodities producers centred on the old economy are still bearing the brunt of the nation’s economic slowdown, with steelmakers…
Business
The global business network sense chain is forming its own niche in the it industry by introducing digital economy
What is a Sense Chain? Transcontinental Arllecta Group presents one of its flagship products in the development of the global digital…
Business
$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy
TAIPEI, Taiwan — China’s 1.4 billion consumers once spent with enough abandon to help drive the global economy. Now one of the hottest…
Business
Japan wants more remote workers to boost economy
As remote work gains in popularity, Japan aims to draw more digital nomads in hopes of giving local economies a boost amid demographic…
Business
Strong US economy and ‘Trump trades’ boost dollar
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…
Business
Strong US economy and ‘Trump trades’ boost greenback
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…
Business
US stock market, economy on tenterhooks as Trump, Harris enter final stretch of campaign
The US’ creditworthiness will face problems if the peaceful transfer of power is jeopardised by violence after the election IN ALL…
Business
As Trump hits Harris on inflation, markets bet billions he'll make it worse
Wall Street is growing increasingly confident that Donald Trump will return to the White House. Billions are pouring into sectors like…
Business
Indigenous tourism to contribute $67 bn to global economy by 2034: WTTC
The rise of remote working during the pandemic had a disproportionate effect on corporate travel. | Representative Picture 4 min read Last…
Business
Big US banks say consumers are still strong, despite economy fears
3 min read Last Updated : Oct 11 2024 | 11:29 PM IST U.S. consumers remain resilient with solid spending in the third quarter, two of the…
Business
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more…
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Monsoon rains hit four-year high in boost to crop output, says IMD
2 min read Last Updated : Sep 30 2024 | 5:55 PM IST India's monsoon rainfall this year was its highest since 2020, with above-average…
Business
Pakistan cuts 150K jobs, dissolves six ministries as part of IMF deal
Pakistan | (Photo: Shutterstock) 3 min read Last Updated : Sep 29 2024 | 8:34 PM IST In an effort to minimise administrative expenditures,…