Economics

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 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…

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…

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…

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

According to many analysts, the second half of the current year would get a powerful boost as indicated by a record hiring in the United States in nearly a year

A slowdown was suggested in the industrial sector in China for the in the second half with an unexpected decline in export growth of the country for the month of

After a two-year hiatus, the $28.5 trillion national debt limit has come back into effect in the US. This robs the government of its ability to borrow and without urgent…

North Korea's economy has experienced a record drop in 23 years. According to Yonhap, the country's GDP fell by 4.5 per cent in 2020. However, the calculations were carried out…

The gross domestic product of the United States economy cross its pre-pandemic peak as the country’s economy staged a solid growth in the second quarter with consumers spending more on

According to the predictions of the chief executive of STMicroelectronics, the current global shortage of semiconductor chips that has affected the production of companies in a range of industries –

Large investments are being made in shopping features by social media platforms, led by Facebook, along with Alphabet’s YouTube, Snap Inc and Twitter, among others. The social media companies hope

The US Federal Reserve (Fed) decided at the end of its July meeting to keep its key rate at 0-0.25% per annum. The watchdog also refrained from any changes to…

The global economy will grow by 6% this year and 4.9% next year, according to an updated International Monetary Fund (IMF) forecast.

Special purpose acquisition companies, or SPACs, are being monitored by global securities markets regulators because of possible concerns over regulatory issues, according to securities markets regulators. SPACs are shell companies

A number of ventures and private equity investors in China are trying to find an exit from the market after they had made investments worth billions of dollars into the

Countries of the Americas need to create a new model of coexistence, said President of Mexico Andrés Manuel López Obrador, called for this when he spoke at the celebration of…

The pace of business activity expansion in July in the euro zone was the fastest in more than two decades as governments relaxed more of Covid-19 restrictions resulting in a

A combination of events in recent months has upended the global supply chains towards breaking point which include a fresh surge of Covid-19 throughout the world, heavy rains leading to

China's tough regulatory policy on local tech giants is just one part of a broader project to create a big data trading system, Reuters reports.

The rate at which the world is phasing out gasoline is faster than expected. According to Bloomberg analysts, the peak in fuel demand will occur in 2027, four years earlier…

With announcing a ban on sales of new fossil fuel-powered cars starting 2030m Britain has set its set its program of vehicle electrification on the fast lane. And to meet

A report from the Global Sustainable Investment Alliance revealed that the total volume of investments towards sustainable projects was at $35.3 trillion which was more than one third of all

Agreements on global corporate tax reform will not prevent the world's largest companies from seeking opportunities to take profits abroad, CNBC writes, citing expert estimates.

While most of the things have got costlier during and with the reduction in Covid-19 cases throughout the world, there are certain items that actually are still cheaper than when

While holding to its view of the Japanese economy settled to register a moderate recovery from the Covid-19 pandemic hit, the Bank of Japan cut its growth forecast for the

Supply side constraints and a continued revival in the costs of travel-related services after the depressed costs during the pandemic pushed June inflation levels in the United States to a

After facing pressure from the United States administration, a corporate tax plan for the bloc was delayed by the European Union. This decision was also influenced by its intention to

An alliance has been created by eight of the leading insurance and reinsurance companies of the world. Launching the alliance, the companies said on Sunday that this new entity will

A newly approved mechanism that will give the opportunity for more countries to tax large, highly profitable multinational companies might take as long as spring 2022 to be ready for

63% of central bankers believe climate change issues are within their remit, Invesco reported in a survey of 141 central bank and sovereign wealth fund executives.

Global economic recovery form the pandemic hit is currently under threat due to an upsurge in new coronavirus variants and lack of access to vaccines in developing countries, warned the

For the first time, finance chiefs of the G20 group of nations formally acknowledged the role of carbon pricing to be a potential tool policy measure to address climate change,

A sweeping executive order was issued by the United States President Joe Biden on Friday aimed at fostering more competition in the country’s economy and urging agencies to take action

Ten more Chinese companies and other entities are to be added to an economic blacklist of the United States by the Biden administration this week over allegations of these companies

The speed at which hiring after the lifting of lockdown measures in the United Kingdom took place in June was the fastest since at least the late 1990s as employers

Live TikTok broadcasts by farmers in China's remote provinces have boosted the country's agricultural sales many times over. Bloomberg writes that consumer loyalty was won by the charisma of the…

The coronavirus pandemic has destroyed 22 million jobs worldwide, according to a report from the Organisation for Economic Co-operation and Development (OECD) published on its website.

A shortage of microchips resulted in a sharp drop in car production in Japan and a significant drop in industrial production in the country as a whole.

Higher costs of raw materials, a shortage of semiconductors and an outbreak of Covid-19 in the major export province of Guangdong – even while a wider supply chain disruption in

Saudi Arabia's state-owned oil and gas company Saudi Aramco could raise August oil prices for Asian buyers, according to Bloomberg’s survey.

With Japanese households expending more, there was surge in retail sales in the country in May that beat analysts’ expectations. However, Covid-19-linked pressures continued to put pressure on the underlying

The disruption to the brick-and-mortar operations of companies of Singapore caused by the covid-19 pandemic is forcing more companies from the city state to move their business online to adapt

Australia asked the World Trade Organisation (WTO) to start consultations with China over China's anti-dumping duties on Australian bottled wine, the WTO press office said.

The cryptocurrency mining industry of China accounts for more than half of global bitcoin production which has been virtually paralysed because of the sweeping ban on cryptocurrency mining by Chinese

After being subdued for the last few years and with companies recovering from the Covid-19 pandemic, it is expected that there would be a surge in their expansion plans of

Regulations on foreign investment funds that have stakes in domestic Japanese companies that have important technologies in the critical fields such as the nuclear industry and defence will likely be

Following a deeper and expanded crackdown on cryptocurrencies by China’s central bank, the value of bitcoin dropped below $30,000 for the first time since January. Bitcoin, the largest cryptocurrency of

Australia will file a complaint with the World Trade Organisation (WTO) to launch a dispute resolution process with China over its imposition of anti-dumping duties on Australian wine, Australian Trade…

In a surprising move, the Bank of Japan unveiled a plan aimed at boosting the funding for fighting climate change. This move underscores the importance that central banks accord to