economy

Sri Lankans elect Marxist-leaning Dissanayake as president to fix economy

By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) -Sri Lankans elected Marxist-leaning Anura Kumara Dissanayake as new president on Sunday,…

China central bank says cuts two key rates to support economy

BEIJING, July 22, 2024 (AFP) - China's central bank on Monday cut two benchmark interest rates in a bid to…

‘The people have spoken’: Kenya’s Ruto pulls finance bill after protest deaths

By Dylan GAMBA NAIROBI, June 26, 2024 (AFP) - Kenyan President William Ruto said Wednesday that a bill containing contentious…

Japan household spending sees first rise in 14 months

TOKYO, June 7, 2024 (AFP) - Japan's household spending rose in April for the first time in 14 months, official…

US trade gap widens to largest in 18 months

  WASHINGTON, June 6, 2024 (AFP) - The US trade deficit expanded slightly less than analysts expected in April, to…

Australian economy shows ‘weak’ growth

SYDNEY, June 5, 2024 (AFP) - Australia's resource-rich economy posted anaemic growth in the first quarter, official data showed Wednesday,…

Japan inflation slows to 2.2% in April

TOKYO, May 24, 2024 (AFP) - The pace of Japanese inflation slowed in April to 2.2 percent as gas bills…

One out of three Lebanese poverty-stricken: World Bank

BEIRUT, May 23, 2024 (AFP) - A third of Lebanese people are impoverished with poverty rates tripling in a decade,…

Japan’s Q1 GDP shrinks more than expected, raising recession fears

  TOKYO, May 16, 2024 (AFP) - Japan's economy contracted by a worse-than-expected 0.5 percent in the first three months…

US sharply hikes tariffs on Chinese EVs and chips

By Beiyi SEOW, Danny KEMP WASHINGTON, May 14, 2024 (AFP) - US President Joe Biden took aim at China on…

Asia’s first spot bitcoin, ether ETFs start trading in Hong Kong

HONG KONG, April 30, 2024 (AFP) - Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether…

Tesla CEO Elon Musk in China for talks

By Peter CATTERALL BEIJING, April 28, 2024 (AFP) - Tech billionaire and Tesla CEO Elon Musk was in China for…

This website uses cookies.