Economy

The Philippines central bank slows the rate increase pace Despite persistently rising inflation, the Philippine central bank increased its benchmark interest rate…

The banking crisis may cause a recession When considering the US economy, a key factor is a confidence. But the volatile banking environment threatens to undermine…

Swiss National Bank announced a 50 basis points rate hike The Swiss National Bank decided to continue its hawkish policy at its meeting. On Thursday, it delivered…

China and Russia affirm economic cooperation The Chinese President and Russian President have agreed to cooperate in broad economic and business areas, both…

China will focus on high-end manufacturing development China's Premier Li Qiang announced on Wednesday that the government plans to support advanced manufacturing.…

China's economic reopening and focus on domestic demand China's earlier-than-expected reopening of the economy after a swift end to its zero-COVID policy has been…

India's central bank expects growth in the near future Indian economy started rebounding. Its government believes that the worst is behind it and that the country…

Japan will invest $75 billion across the Indo-Pacific region Japan wants to promote a "free and open Indo-Pacific." To that end, the country will invest billions of…

China's foreign policy gets pragmatic for the economy's sake China is taking steps to increase its prospects as an open country for business, investment, and…

The BOJ designates “Mr. YCC" to oversee monetary policy On Monday, the Bank of Japan appointed Seiichi Shimizu, also known as "Mr. YCC" for his expertise in the…

China's fiscal revenues fell by 1.2% China's fiscal profit in the first two months of 2023 shrank 1.3% from a year earlier, the finance ministry said. However,…

Rome takes new measures to reverse the city’s decline Rome is one of the ancient cities. It’s well-known for its culture and unique buildings, so much so that…

Southeast Asian currencies & stocks increase After multi-billion dollar lifelines for struggling Korean banks reduced strain on the global financial system and…

New Zealand's economy is slowing New Zealand's economy missed expectations for a boost in the fourth quarter and shrank by 0.64%, official statistics showed on…

Egypt's asset sales are struggling. Why is that?  Egypt's government is strictly controlling the country's economy. Even though it agreed to the International…

Banking instability casts a shadow over ECB rate hike prospects Policymakers at the European Central Bank (ECB) are gathering on Thursday amidst extraordinary…

China plans to reduce financial risks. How will PBOC do it? China announced today that it would gradually eliminate high-risk institutions within the country. The…

2023 economic recovery in China China's economic potential advanced in the first two months of 2023 as increased consumption and infrastructure investment led to a…

US CPI soared in February. What is the Fed planning?  US consumer prices report showed that they increased substantially in February. Rental housing costs remain…

China's anti-COVID fight and economic recovery The community recently marked three years since the World Health Organization declared the outbreak of the COVID-19…