Economic News

Hong Kong’s status as one of the world's most prominent financial hubs is under threat. China unanimously passed a new security law for Hong Kong - which could…

The latest world economic outlook revision by the IMF shows that Asia’s economy is up for its worst recession at a 1.6% downturn in 2020 while still outperforming…

China’s Purchasing Managers Index (PMI) was at 50.9 in June against economists’ expectation of a 50.4 reading. Manufacturing PMI readings of above 50 indicate…

The U.S. economy while still in recession, is recording positive growth in employment gains, but rising cases of coronavirus infections could bring the whole house…

The UAE is among many other nations that tremble at the US-China hostile confrontation, said Anwar Gargash. He hoped the competition between the two giants would not…

Amidst a global economic recession and coronavirus pandemic, Australians express wishes to diversify their trade relations away from China and maintain an alliance…

The Peterson Institute for International Economics (PIIE), shows that China’s economic rise put women at a disadvantage and worse gender inequality in China's…

The Russian economy has cut its interest rates by 100 points to reach an all-time post-soviet union low, with an expected further reduction to continuously cushion…

China's recent push to implement the national security law in Hong Kong once again heightened worries that Hong Kong's autonomy was compromised. Autonomy from China…

As more countries around the world reopen, Asia, with China in the lead, will be the best performing region in terms of 2020 growth, even with the possibility of a…

Russian President, says there is a connection between how the U.S. is handling the coronavirus crisis, the widespread civil unrest, and anti-racism protests in the…

Island nations in the Caribbean and Pacific regions will have to deal with the triple threat of destructive weather, health crisis, and economic downturn as they…

The European stocks closed lower as investors waited for the outcome of the Fed Reserve's latest policy meeting and economic forecasts. The market focus now shifts…

While governments are reopening their economies, the WHO warns that the risk of a second wave of infections is imminent since some countries are reopening despite…

Beijing to Start Targeting Washington Allies in the US-China "Cold War," Analysts Say. Things could get uglier in the new cold war as the two superpowers drag other…

China’s ongoing economic recovery could be hindered by the U.S., which is reopening too soon and might spark a second wave on infections and another lockdown,…

The coronavirus pandemic presents a global opportunity to make the economy greener and more sustainable, says Prince Charles. The threat of climate change has been…

New AmCham survey shows that majority of American firms in Hong Kong are concerned with China’s new security law impact on their business operations while the U.S.…

China's countermeasures in retaliation for the U.S. decision to revoke Hong Kong's special status will not hurt American investors. China's countermeasure would…