economy
163 articles • Page 2 of 4
Thailand's currency, the baht, experienced an unexpected rise of nearly 10% against the US dollar in 2025, becoming the second-best performing currency. This appreciation contradicts the country's eco...
China is identified as the world's second-largest economy. Although China has outgrown all other economies since its founding in 1949, it still lags behind the first-place nation....
Chinese outbound travel is predicted to grow dramatically in 2026 due to relaxed visa policies and a stronger yuan. However, visits to Japan might drop by nearly half as a result of a political rift b...
China’s central bank has strengthened the yuan’s daily fixing rate for three consecutive sessions, setting it at a nearly 16-month high of 7.0103 to the US dollar on Tuesday. Despite recent US dollar ...
Financial institutions like Citibank and Bank of America are expressing optimism towards Hong Kong's residential real estate market due to decreased mortgage rates and robust leasing demand, leading t...
Policy makers in Southeast Asia are concerned about multiple issues including geopolitical tensions, economic instability, and regional security challenges....
The opposition parties Union and governing party SPD have started their political year with press conferences highlighting very different stances on the economic situation due to a new SPD concept for...
President Trump is threatening the independence of the Federal Reserve in an attempt to secure cheaper borrowing costs. This action could undermine one of the world's most significant financial instit...
Pakistan is experiencing an outflow of multinational corporations across various industries due to the increasing dominance of the military in commerce, leading to a hostile business environment....
Cuba's economy and political stability face challenges due to the ongoing economic crisis in Venezuela, its key strategic ally. The decline in financial support, oil supplies, and other crucial assist...
The article discusses how subsidies for fossil fuels are causing economic and industrial drawbacks in the United States and European Union, potentially hampering economic growth as nations shift towar...
The article suggests that Singapore needs to create a new social compact as its GDP has tripled since the 1990s. The focus should be on fostering productivity, supporting entrepreneurship and encourag...
David Hou, a Chinese business owner who recently returned to Venezuela after eight years abroad, expresses concern over the U.S.'s alleged abduction of Venezuelan President Nicolas Maduro. Hou describ...
Morgan Stanley has upgraded the property sector of Hong Kong to ‘attractive’, citing an anticipated economic improvement and policy-driven recovery expected to continue pushing property prices higher ...
The article discusses Venezuela's current situation without justifications or excuses, touching on economic crises, political unrest, and the impact on civilians....
In 2025, US President Donald Trump's tariffs had significant economic implications, leading economists to predict a potential recession. However, despite these concerns, the U.S. economy showed surpri...
President Trump's criticism of the Federal Reserve and concerns over the US national debt exceeding $38 trillion are causing alarm among Asian policymakers and investors who hold large amounts of U.S....
Ukrainian President Volodymyr Zelensky provided an update regarding investments from Ukraine's partners into the country. Details of specific investments and investors were not disclosed....
Shopkeepers in Tehran continue protesting by closing their stores due to economic difficulties and currency depreciation. Iran's rial has reached record lows against the US dollar and euro on informal...
Recent data shows that despite breaking records with a $1 trillion trade surplus in the first 11 months of the year, China's official foreign exchange reserves have not significantly increased. This d...
The People's Bank of China set the reference rate for the yuan at its strongest level since October 2024 due to recent strengthening trends in the currency, including breaching the important US dollar...
Florida Governor Ron DeSantis has become one of the leading skeptics regarding artificial intelligence (AI), viewing it primarily through an economic lens. His concerns stem from potential labor displ...
Rodion Morozov, acting CEO of Ukrgazbank, commented on the International Finance Corporation's (IFC) equity conversion stance and highlighted that windfall taxes imposed by Ukraine can dissuade future...
The article provides an overview of recent news headlines and brief updates from AP as of 6:04 AM EST, covering a range of topics including politics, economy, health, technology, environment, entertai...
The Japanese yen has weakened further following an increase in the Bank of Japan's interest rates, adding to concerns as the approval for a historic budget is anticipated. This move contributes to the...
Apple Inc. is entering into exploratory discussions with Indian entities regarding the assembly and packaging of select iPhone chips in the country. This initiative would mark Apple's first significan...
U.S. Senator Marco Rubio addressed a broad spectrum of issues during his recent press conference. The session covered topics including U.S. foreign policy, economic challenges, and domestic governance...
French Prime Minister Sébastien Lecornu issued a warning that France will conclude the year without a budget, highlighting this scenario as a significant risk for the country's economy. Lawmakers have...
Japanese fund managers have sold the largest amount of UK government bonds (gilts) since 2011 due to rising bond yields in Japan that reduced demand for gilts. This move indicates increasing concerns ...
During a joint press conference in Ahmedabad on 12 January 2026, Prime Minister Narendra Modi stressed the significance of strong economic ties between India and Germany. He highlighted that this coop...
The article discusses Venezuela's current situation, emphasizing that it should be evaluated based on clear facts and without resorting to justifications or excuses from both the government and opposi...
Former Governor of the Bank of England and current Global Chief of Finance for the Transition Economy Programme at World Economic Forum, Mark Carney, is scheduled to meet with allies of Ukraine in Par...
The article discusses four potential trends and predictions for China in 2026, focusing on areas such as women's rights advancements, challenges and opportunities within the tech sector, particularly ...
India claims its economy has surpassed Japan's based on current estimates but final confirmation requires data expected in 2026. The country also expresses ambition to surpass Germany economically....
U.S. President Donald Trump has hinted that he may consider removing Jerome Powell from his position as the Federal Reserve Chair despite previously backing away from this idea in July due to adverse ...
The article discusses how policies and actions related to former US President Donald Trump have influenced operations at the Puerto de Altamira in Mexico, focusing on economic impacts and changes in t...
Over the Christmas holiday period (December 23-28), Hong Kong residents made approximately 2.73 million outbound trips, representing a 11% increase from last year's recorded figure of 2.36 million. Th...
A former member of the Bank of Japan (BOJ) board has advised that while pushing for economic growth is important, the institution must exercise caution regarding interest rate adjustments. The advisor...
Coordinating Minister for Economic Affairs Airlangga Hartarto announced on Tuesday that Indonesia has resolved all critical issues with the United States regarding their draft trade agreement. The min...
The Czech National Bank increased its holdings of Chevron Corporation shares by 91,826 units during the third quarter of 2021, leading to a total ownership position of 488,796 shares. This represents ...
The Ukrainian economy faces significant challenges with an inflation rate of 8%, while non-food prices remain static. This stagnation in non-food prices is not indicative of economic stability, rather...
Hong Kong's new high-speed rail routes connecting 16 mainland Chinese destinations have seen rapid sales success with seats selling out on the first day. MTR Corporation launched these additional link...
The Bank of Japan (BOJ) suggests it may consider further interest rate hikes as indicated by regional economic reports. Market observers anticipate that any future increases might occur at a pace of a...
Russian President Vladimir Putin has issued a set of instructions aimed at enhancing Russia's demographic situation and promoting economic growth. The details of these measures were not specified in t...
The Hong Kong residential property market saw an upsurge near year-end 2025 with a 6-month high of 5,883 deals closed in December. Despite this boost in volume, there was a slight slip in overall tran...
Venezuela has reportedly experienced an unprecedented surge in its 'pizza index', which is the cost of buying a pizza compared to local wages or economic indicators. This increase reflects severe econ...
Hong Kong experienced a retail sales increase of 6.5% year-over-year in November 2023, driven by improved local consumption and rising visitor numbers. Despite positive indicators, industry experts no...
Indonesia has become dominant in global palm oil production due to its natural advantages such as climate and land availability. This dominance supports millions of livelihoods and grants Indonesia si...
Citibank, U.S.-based financial institution, plans to sell its Russian subsidiary AO Citibank to Renaissance Capital. The decision comes despite facing significant currency translation adjustment losse...
The Hong Kong authorities challenged the recently released World Bank report that graded the city lower for business readiness. They argued that outdated data caused unfair evaluations. According to a...