Economy
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US business confidence in China rebounds from record low, survey shows
Confidence among American businesses in China has rebounded from record low levels, according to a survey released Thursday. The rebound follows a trade truce between Washington and Beijing, which eas
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UK drought raises water security fears as 71.3% of England remains in drought, with August rainfall at 34% of normal levels
Record heatwaves have troubled British farmers, leading to crop failures and significant financial losses, including an estimated $499 million in wheat production value. The National Farmers' Union (N
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Morgan Stanley Banker in Australia Says Bathla Is ‘Hammer Blow’
Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts on the economy at a time when sliding house prices could curb consumer spending.
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Trump’s approval rating falls to all-time low in FT poll
A Financial Times poll shows that voters’ anxiety about the economy has sapped the popularity of the US president and his Republican Party, weeks before the midterm elections.
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Cone Denim Plans to Exit China Denim Manufacturing by Year-End 2026, Citing Challenging Economic and Geopolitical Conditions
Cone Denim announced plans on Thursday to end its manufacturing operations in China by year-end 2026, aiming to strengthen its focus on its established platform in Mexico. The company cited challengin
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China's government bond sales are set to accelerate to boost a sluggish economy, likely prompting the PBOC to inject more liquidity.
China's government bond sales are set to accelerate to boost a sluggish economy, likely prompting the PBOC to inject more liquidity.
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South African Factory Mood Sours as Production Momentum Slows
South African manufacturing sentiment deteriorated as a slowdown in production momentum weighed on output and local demand came under pressure.
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Disasters to cost world $450bn a year from climate change and development, FT reports
According to the Financial Times, more than half of these losses are not covered by insurance, as carriers are increasingly carving out risk and cutting exposure.
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Cambodian Central Bank Rejects Plea to Extend Loan Forbearance Measures Until End of 2026
Cambodia's central bank rejected a request from financial institutions to prolong special loan forbearance measures, stating that an extension could mask credit weakness and hurt growth.
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Bessent states Iran is lashing out kinetically because it is losing economically.
Bessent states Iran is lashing out kinetically because it is losing economically.
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Chile's Economic Reform Expectations Boost Demand for High-Risk Corporate Bonds, Bloomberg Survey Shows Increased Recommendations in September
Market expectations that the Chilean President José Antonio Kast's administration will successfully revive the economy are boosting investor interest in Chilean low-rated corporate bonds. A Bloomberg
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Bloomberg Analysis: India's Q1 Economic Growth May Exceed 7%, Still Insufficient for Modi's Developed Nation Ambition
Bloomberg Analysis: India's Q1 Economic Growth May Exceed 7%, Still Insufficient for Modi's Developed Nation Ambition
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Fed's Schmid: Energy Shock Is Leaking Into Economy
Fed's Schmid: Energy Shock Is Leaking Into Economy
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China’s Industrial Profit Growth Slows to Weakest This Year
The slowdown marks the third straight month of deceleration, driven by a cooling economy that weighed on production and price gains.
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Hong Kong's Trade Deficit Narrows to Over One-Year Low in July, Driven by Surging Exports and Record Shipments to Mainland China
Hong Kong's Trade Deficit Narrows to Over One-Year Low in July, Driven by Surging Exports and Record Shipments to Mainland China
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Analysis points out: Donald Trump will find it difficult to break China's economic dominance in Latin America
Analysis indicates that while Donald Trump is expanding U.S. political influence in Latin America, China's economic dominance in the region is harder to dislodge. China has built deep ties over many y
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CNBC's Jim Cramer Says There's a "Jarring Gulf" Between Stock Prices and Economic Reality
Cramer expressed his concerns from Micron Technology Inc.'s new semiconductor plant, highlighting the resilience of certain economic sectors despite stock market worries over consumer health, rising o
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Mohamed El-Erian says 30-year Treasury yield at 5.27% signals a structural shift that will make America more expensive
The former PIMCO CEO stated in his latest opinion piece for The New York Times that this is not an ordinary bond-market sell-off, but could mark the beginning of a structural economic shift more endur
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The World Bank expects Lebanon's economy to shrink by 6.4% in 2026, with inflation accelerating to 17.5%.
Lebanon's economy has shifted from a brief post-crisis recovery to a sharp decline due to ongoing conflict, with real GDP projected to contract by 6.4% in 2026, the World Bank stated. The report noted
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Trump Shares Scott Bessent's View: Trump Fixed Biden's 'Mess,' Economy Is Rising
Donald Trump shared Scott Bessent's view on Truth Social, stating that Trump had fixed President Biden's "mess" and the economy is now rising.
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Ed Yardeni Sees Interest Rates 'Back to Normal' at 4%-5%
Edward Yardeni, president of Yardeni Research, explained that he views interest rates at this level as "a healthy sign of a healthy economy."
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Former Boston Fed Pres. Rosengren: Higher oil prices weigh on retail sales, while AI and tech investment drive spending
Former Boston Fed Pres. Rosengren: Higher oil prices weigh on retail sales, while AI and tech investment drive spending
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Iran is preparing for worsening economic hardship to withstand pressure from Donald Trump, the Wall Street Journal reported
Iran is preparing for worsening economic hardship to withstand pressure from Donald Trump, the Wall Street Journal reported
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South Korea's economy expanded 3.8% on-year in H1, accelerating from 1.8% in H2 last year, with resilient fundamentals despite stock market turmoil
South Korea's economy expanded 3.8% on-year in H1, accelerating from 1.8% in H2 last year, with resilient fundamentals despite stock market turmoil. The stock market volatility has shaken investor con
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Economist: Israeli Blockade Causes Hebron Businesses Up to $20 Million in Losses, Facing Debt Without Income
Yousuf Daas, an economist at the Palestine Economic Policy Research Institute, told Al Jazeera that the Israeli blockade of Hebron has led local business owners to report losses of up to $20 million i
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Hebron lockdown is West Bank lockdown, economist warns of far-reaching economic consequences
Yousuf Daas, an economist with the Palestine Economic Policy Research Institute, told Al Jazeera that Israel's siege of Hebron, the economic heart of the Palestinian economy, will have far-reaching co
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Poll: 85% of US Voters Prioritize Economy, Living Costs Ahead of Elections
A poll by the Associated Press-NORC Center for Public Affairs found that as of mid-October, 80% of surveyed Americans believe the country needs substantial change or "complete and total upheaval." App
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Macau's October gaming revenue declined for the fifth consecutive month, as weak spending from high-end players offset an increase in Golden Week visitors.
Macau's October gaming revenue declined for the fifth consecutive month, as weak spending from high-end players offset an increase in Golden Week visitors.
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Colombia pauses interest rate hikes as economy begins to weaken.
Colombia pauses interest rate hikes as economy begins to weaken.
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ECB's Lane: AI adoption is reshaping the euro area economy, adding ~10% to firms' capex plans and driving digital investment to 3.3% of GDP.
ECB's Lane: AI adoption is reshaping the euro area economy, adding ~10% to firms' capex plans and driving digital investment to 3.3% of GDP.
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French economy shrinks 0.1% in Q3
France, the Eurozone's second-largest economy, experienced a 0.1% economic contraction in the third quarter, primarily due to high energy prices and soaring borrowing costs.
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Iran’s Economy Minister proposes task force to rebuild war-damaged businesses
Iran’s Economy Minister Seyed Ali Madanizadeh has proposed establishing a provincial task force to help rebuild businesses damaged by the war.
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Iran's September consumer prices surged 90% year-on-year, as the Economy Minister apologized for the soaring cost of living.
Iranian households are facing increasing cost-of-living pressures, exacerbated by eight months of war with the United States, Al Jazeera reported. Official data shows that consumer prices rose by appr
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South Korean Finance Minister Lee Hyung-il stated that the South Korean government aims to foster a virtuous cycle of carbon neutrality-driven economic growth and job creation through its green transition initiatives.
South Korean Finance Minister Lee Hyung-il stated that the South Korean government aims to foster a virtuous cycle of carbon neutrality-driven economic growth and job creation through its green transi
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Fed's Warsh: Business Investment Could Grow at Double-Digit Pace
Fed's Warsh: Business Investment Could Grow at Double-Digit Pace
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Fed Holds Federal Funds Rate at 3.75%-4% in 10-2 Vote; Two Officials Back 25bp Hike
The Federal Open Market Committee (FOMC) voted Wednesday to hold its benchmark rate unchanged, keeping the overnight federal funds target range at 3.75%-4%. The decision passed 10-2. Governor Lisa Coo
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President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
The White House announced that President Donald Trump returned to Ohio today to showcase the economic achievements brought to the state during his tenure. These include NVIDIA's plan to invest up to $
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Khamenei was "in perfect health."
Iranian Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf stated that after a recent meeting with Supreme Leader Mojtaba Khamenei, Khamenei was "in perfect health." Ghalibaf assured law
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Al Jazeera's analysis indicates that Israel's large-scale expulsions, blockades, and expansion of settler control in Hebron
Al Jazeera's analysis indicates that Israel's large-scale expulsions, blockades, and expansion of settler control in Hebron, West Bank, threaten to destroy the local economy. Since last Friday, Israel
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a total of 142 strategic enterprises have now established or expanded their operations in Hong Kong
Hong Kong's Financial Secretary, Paul Chan, stated that as of the end of September this year, the first six batches of strategic enterprises introduced to Hong Kong through the Office for Attracting S
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AmCham China President Urges More Working-Level Dialogues for US-China Ties, Citing Need for Long-Term Stability
Michael Hart, president of the American Chamber of Commerce in China (AmCham China), has urged Beijing and Washington to push more negotiations down to working-level officials. Hart stated that busine
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Iran's top security official warned: If Iranian economic facilities are attacked, the enemy's "economic infrastructure" will not be safe.
General Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, warned that if Iran's oil facilities, ports, and shipping are considered legitimate targets, then the economic infrastruct
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Argentine bonds are facing a sell-off amid market concerns about President Milei's re-election prospects and the country's debt repayment capacity.
Argentine bonds are facing a sell-off amid market concerns about President Milei's re-election prospects and the country's debt repayment capacity.
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Israel's opposition claims a new leadership could ease international pressure, while the ruling party deems international condemnation hypocritical.
Israel's opposition believes that the current international pressure on Israel stems from a "communication problem," and that a better leader could convince the world not to impose sanctions. However,
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White House: The U.S. President spoke during "National Forest Products Week," emphasizing increased domestic timber supply and significant achievements.
The U.S. President, speaking during "National Forest Products Week," reaffirmed a commitment to conserving forests and responsibly utilizing their resources to support families and strengthen American
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President Trump highlights economic achievements in Kansas, including tax relief and job creation
Today, President Donald J. Trump showcased his administration's achievements in Kansas, emphasizing historic tax relief, surging private investment, job creation, stronger rural healthcare, and signif
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Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
Economists expect bond yields to remain elevated for an extended period, alongside stronger economic growth and eventual inflation relief, according to a Wall Street Journal survey.
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Hassett Says People Are 'Euphoric' About Economy's Strength, Discretionary Travel Signals Consumer Optimism
Hassett Says People Are 'Euphoric' About Economy's Strength, Discretionary Travel Signals Consumer Optimism
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