Economics

Due to continuous attacks in the Red Sea by Iran-backed Houthi terrorists in Yemen, which have impeded the flow of cargo through the vital Suez Canal commerce route, multinational corporations

According to the World Health Organisation, the percentage of persons who smoke worldwide has decreased over the past generation, from one in three in 2000 to one in five today.

According to Goldman Sachs strategists on Tuesday, there may be pockets of value in the increasingly pricey U.S. stock market among small-cap stocks and shares of consumer staples companies. The

Although the “Year of Efficiency” for Big Tech may have ended, recent layoffs at Google and Amazon suggest the companies will continue to reduce staff in 2024 as they make

Recent annual projections from major international investment banks indicate that China’s economy would grow more slowly in 2024 than it did in 2023. Five corporations, including Goldman Sachs and Morgan

According to a survey of leading economists issued on Monday, the global economy faces a year of muted growth expectations and uncertainty due to geopolitical unrest, tight financing conditions, and

Due to ongoing inflation, rising energy costs, and sluggish international demand, the German economy shrank in 2023 but managed to stave off a recession by the end of the year.

The People's Bank of China (PBOC) injected 995 billion yuan ($140 billion) into the financial system under its medium-term lending program (MLF) on Monday.

Container shipping costs have surged this week for important global trade routes, industry executives said on Friday. The strikes by the United States and the United Kingdom on Yemen have

Declining prices for commodities like food and diesel fuel caused U.S. producer prices to drop unexpectedly in December, indicating that inflation would continue to decline and the Federal Reserve could

Deflationary pressures and faster-than-expected growth in China’s exports in December maintained expectations for additional policy loosening measures to support an economy that is expected to carry substantial pockets of weakness

According to LSEG data, $4.6 billion in shares of U.S.-listed bitcoin exchange-traded funds (ETFs) traded hands as of Thursday afternoon, as investors pounced into the groundbreaking products approved by the

According to a press release posted on the bank's website, the European Bank for Reconstruction and Development (EBRD) awarded its shareholder countries a record investment volume of €13.1 billion in…

The US Securities and Exchange Commission allowed the first U.S.-listed exchange traded funds (ETFs) to track bitcoin on Wednesday, marking a watershed moment for the world’s largest cryptocurrency and the

Big investors are tearing up market playbooks for 2024 based on the timing of a projected recession and interest rate reduction, as the global economy shows surprisingly durable. They are

Investors are alerting governments throughout the world to the high levels of public debt, pointing out that pre-election disclosures of large borrowing risk could cause the bond market to respond…

China’s central bank confronts a significant challenge in combating the prospect of deflation: more credit is moving to productive forces rather than consumption, exposing fundamental faults in the economy and

This year’s elections will take place in countries that account for more than 60% of global economic production and more than half of the population. Markets fear a “ballot box

In 2023, global food prices decreased by 13.7%, shows a review by the FAO (Food and Agriculture Organization of the United Nations).

A US watchdog’s plan to oversee businesses such as Apple and Alphabet’s Google, which provide digital wallets and payment apps, risks impeding innovation and pushing some players out of the

According to Peter Oppenheimer, head of macro research in Europe at Goldman Sachs, the world economy is entering a new “super cycle,” driven by artificial intelligence and decarbonisation. “We are

US hiring was surprisingly robust last month, despite predictions that the economy would slow down. The Labour Department said that employers added 216,000 new jobs while the unemployment rate remained

The global economy will be on the verge of a recession in 2024 and overall GDP growth may only reach 2.6%, writes Reuters.

A survey released on Thursday revealed that the euro zone’s economy was in recession as the contraction in business activity persisted at the end of 2023, primarily due to a

With the euro zone’s activity declining in December for the eighteenth consecutive month and Asia’s industrial powerhouses suffering from China’s erratic economic recovery, global factories had a poor end to

Analysts expect that when inflation and interest rates decline in 2024, U.S. business earnings will rise more quickly; nonetheless, concerns about a faltering economy remain. According to projections compiled by

According to a survey, factory activity in the euro zone concluded 2023 weakly, declining in December for the 18th consecutive month. The survey also showed few indications of an impending

Investors seem to be convinced that the main Western central banks are about to make the long-awaited shift from raising to lowering interest rates. As a result, markets rose, but

Declining for the third consecutive month and weakening more than anticipated, China’s manufacturing activity cast doubt on the country’s prospects for economic recovery and strengthened the case for additional stimulus

Argentina has backed out of its intended admission into the growing Brics club of nations, as announced by its new president, Javier Milei. Milei claimed in a letter to the

According to data analysed by healthcare research firm 3 Axis Advisors, drugmakers such as Pfizer, Sanofi, and Takeda Pharmaceutical plan to hike prices in the United States on over 500

Prices for cocoa and iron ore increased in 2023, but those for coal and natural gas fell. Due to supply shortages and dry weather, most agricultural items are predicted to

There isn’t much time to recover from the New Year’s celebrations because the most anticipated U.S. economic report and significant inflation data for the euro area are scheduled for the

China will work to boost stable growth, guarantee a swift economic recovery, and increase domestic demand, the parliament said in an interim report on the country’s 14th five-year plan released

Expectations that central banks would soon be reducing interest rates have propelled a massive two-month rebound in bond prices, saving the fixed income markets from an almost unprecedented third consecutive

According to research firm Canalys, incorporation of artificial intelligence technologies into new devices is expected to drive an 8% growth in the worldwide PC market next year.

According to Trading Economics, the price of lithium carbonate in China dropped to 97.5 thousand yuan ($13.64 thousand) per ton, the lowest since August 2021.

While overall manufacturing improved, China’s industrial profits in November showed double-digit rises. However, lacklustre demand continued to restrain expectations for business expansion, strengthening the case for additional macro policy support.

With year-end confidence high on expectations that major central banks including the U.S. Federal Reserve will start slashing interest rates early next year, global equities surged to their highest levels

Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialised. What then awaits us

In order to address national security concerns over chips sourced from China, the U.S. Department of Commerce said that it will begin an investigation into the country’s defence industrial base

The latest shipping corporations to do so after attacks by Yemen’s Houthi group on vessels interrupted global trade and led to the formation of a naval task force were Germany’s

Since Western sanctions over Moscow’s invasion of Ukraine cut off supplies of essential parts and maintenance services, Russia has provided more than $12 billion in state subsidies and loans to

In an effort to maintain its hegemony over a number of important metals, China, the leading processor of rare earths in the world, prohibited the export of technology on Thursday

The South Korean government will mandate manufacturers to disclose the amount by which a product package's weight or volume has been lowered, starting in 2024. The goal of this measure…

By 2040, Dutch bank ING will progressively cease funding the production and development of oil and gas, the credit organization announced in a statement.

Following the central bank’s decision to maintain the stability of its medium-term policy rate earlier this week, China maintained benchmark lending rates at the monthly fixing on Wednesday, in line

The case for the dollar’s continued decline into 2024 has grown following the US Federal Reserve’s dovish December pivot, while the strength of the US economy may be able to

After a lacklustre post-COVID recovery, Beijing is faced with a difficult decision for 2024 and beyond: increase debt or decrease growth. This has cast serious doubt on the basis of

Turkey and Turkish enterprises saved almost $2 billion on energy bills in 2023 by increasing imports of inexpensive Russian oil and processed goods, according to a Reuters estimate based on