Following a slump in Japan's economy in the first three months of this year, there was an uptick in the second quarter at more than expected levels which provided economists with signs that consumption and capital expenditure in the country were recovering from the initial pandemic hit.  ...

With new Covid-19 outbreaks and massive floods disrupting business operations, there was a sharp drop in factory output and retail sales growth in China for July – which also missed expectations. According to analysts, these are new signals of losing steam in the recovery of the Chinese economy....

Japan's GDP in the second quarter of 2021, according to a preliminary estimate, rose 1.3 percent on a year-over-year basis (if GDP had grown at the same rate for four consecutive quarters), the government data show. Analysts polled by DailyFX expected growth of only 0.7%. In quarterly terms,...

Cubans will be allowed to incorporate small and medium-sized businesses in the country in their thousands in the coming months as the island's Communist government undertook arguably its most popular and important economic reform since all companies in the country were nationalized in the late...

With Americans providing a deflated outlook for everything from personal finances to inflation and employment in a recent survey – which led economists to conclude that the consumer confidence in the country dropped significantly in early August to its lowest level in a decade which, according to...

The UK Competition and Markets Authority (CMA) has completed an investigation into the deal between Facebook and animated image service Giphy and has come to the preliminary conclusion that their merger is detrimental to free competition of online social platforms in the country. On that basis, the...

The coronavirus pandemic has caused a "productivity boom" in the United States. Fewer workers are producing more output than they did before the pandemic. If this trend holds, the economy will see big changes in the next decade, according to The New York Times. Productivity in the United States has...

China's producer price growth accelerated to 9 percent year-on-year in July from 8.8 percent in June, according to Chinese government statistics. This growth is a consequence of the low-base effect caused by the pandemic: the inflation did not exceed 0.5% month-on-month. Its acceleration can mainly...

Companies should take action themselves to address climate change issues and should not depend on wide ranging agreements being reached between various governments when they get together at a global summit on climate change later this year, commented Standard Chartered CEO Bill Winters in an event...