Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world’s busiest shopping districts. Nikada | E+ | Getty Images The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite inflationary pressures and … Read more
Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, Israel October 9, 2023. Amir Cohen | Reuters Israel has vowed to “exact a price” from Iran in retaliation for the large-scale aerial assault on the Jewish state this weekend — while some analysts expect Israel … Read more
TOPSHOT – The Apple iPhone 15 series is displayed for sale at The Grove Apple retail store on release day in Los Angeles, California, on September 22, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images Apple iPhone shipments plunged … Read more
Assembly lines around the world are starting to hum again, marking a turn in a years-long manufacturing slump. The nascent industrial recovery is led by the world’s two biggest economies. Chinese manufacturing has made a strong start to the year, boosting the economic outlook, and US factory activity unexpectedly expanded last month for the first … Read more
People shelters from the rain beneath a Union flag-themed umbrella as they walk past spring flowers in blossom, in St James’s Park in central London on April 10, 2024. Justin Tallis | Afp | Getty Images LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday, providing … Read more
U.S. Vice President Kamala Harris and U.S. House Speaker Mike Johnson (R-LA) applaud as Japanese Prime Minister Fumio Kishida addresses a joint meeting of Congress at the U.S. Capitol in Washington, U.S., April 11, 2024. Amanda Andrade-Rhoades | Reuters Japanese Prime Minister Fumio Kishida urged the U.S. Thursday to continue playing a leading role in … Read more
Flag of China on dark blue background Da-kuk | E+ | Getty Images China will remain the largest growth engine for the world economy in spite of its slowdown, the Asian Development Bank said. “China is obviously going to still be important for some time to come. They still account for nearly half of GDP … Read more
New Delhi: The global trade growth is expected to pick up gradually this year after a contraction in 2023 but regional conflicts, geopolitical tensions and economic policy uncertainty pose substantial downside risks, according to a WTO forecast released on Wednesday. The World Trade Organisation (WTO), however, lowered the trade growth projection for 2024 to 2.6 … Read more
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand … Read more
Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey’s 2024 poll. Damircudic | E+ | Getty Images Majority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement. That’s according to a poll by SurveyMonkey, … Read more
