Economy

The World Economic Forum’s (WEF) 20th global risk report delivers a sobering analysis of the world’s most pressing challenges, revealing that only 11% of experts anticipate stability in the near…

The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy breathing room after earlier aggressive hikes.  Yet, the yield on…

Emboldened by the prospect of a friendlier Trump administration, Wall Street banks are ramping up efforts to overhaul US capital rules. In a Reuters report, industry executives reveal an ambitious…

A slim majority of economists surveyed by Reuters believe the US Federal Reserve will hold its key interest rates steady during its January 28-29 meeting and likely resume cuts in…

Donald Trump, the US president-elect, announced on his social media platform, Truth Social, that he had a “very good” phone call with Chinese President Xi Jinping ahead of his return…

The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday, or face an effective ban of the popular video-sharing app in…

India’s economic growth is set to maintain a steady pace of 6.7% annually for the next two fiscal years, as per the World Bank’s latest projections. This forecast positions India…

China’s population dynamics remain a critical challenge for its economic and social stability. Despite a modest rise in births in 2024, the nation’s population shrank for the third consecutive year,…

China’s economy expanded by 5% in 2024, buoyed by surging manufacturing and government stimulus, according to official data released by the National Bureau of Statistics (NBS). The figure slightly exceeded…