economy

LA Times slashes a fifth of its newsroom jobs

By Huw GRIFFITH LOS ANGELES, Jan 23, 2024 (AFP) - The Los Angeles Times said Tuesday it laying off more…

US lawmakers avert damaging government shutdown

By Frankie TAGGART WASHINGTON, Jan 18, 2024 (AFP) - The US Congress green-lit temporary funding Thursday to thwart a partial…

UK inflation in shock rise, dashing rate cut hopes

By Roland JACKSON LONDON, Jan 17, 2024 (AFP) - British annual inflation unexpectedly picked up in December, data showed Wednesday,…

WTO head ‘less optimistic’ for world trade due to Red Sea strikes

DAVOS, Switzerland, Jan 17, 2024 (AFP) - The World Trade Organization's chief Ngozi Okonjo-Iweala on Wednesday said she was "less…

Tesla to recall 1.6 mn cars in China to fix steering software: regulator

BEIJING, Jan 5, 2024 (AFP) - Tesla is recalling more than 1.6 million electric vehicles in China, the country's market…

Argentina court suspends Milei labor reforms

BUENOS AIRES, Jan 4, 2024 (AFP) - Argentine judges on Wednesday suspended labor law changes that form part of a…

China’s Xi hails ‘resilient’ economy in bullish New Year speech

By Matthew WALSH, Oliver HOTHAM BEIJING, Dec 31, 2023 (AFP)- President Xi Jinping said Sunday the Chinese economy had grown…

Living in extraordinary times! ASEAN in Focus – December 26, 2023

https://www.youtube.com/live/uGMRN00iOl0?si=P88dAnrrx-F5vMBh

Japan approves record $56 billion defense budget amid regional tensions

TOKYO, Dec 23, 2023 (AFP) - Japan approved Friday a record defence budget worth $56 billion for the next fiscal…

Japan inflation slows to 2.5% in November as energy bills drop

TOKYO, Dec 22, 2023 (AFP) - Japanese consumer inflation slowed to 2.5 percent year-on-year in November, down from 2.9 percent…

Argentina’s new leader unleashes ‘shock therapy’, orders major deregulation of economy

BUENOS AIRES, Dec 21, 2023 (AFP) - -Argentina's new leader Javier Milei on Wednesday unveiled a series of measures to…

Chinese social media users warned against economic ‘pessimism’

By Jing Xuan TENG SHANGHAI, Dec 15, 2023 (AFP) - Chinese social media users reported on Friday that they had…

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