Read More Economy Record number of Chinese spend their holidays at home as the economic downturn strikesByMichelle ThompsonSeptember 28, 2023 This Golden Week holiday, a record number of Chinese people are choosing to stay at home instead of… Read More
Read More Economy The property crisis puts China’s 5% economic growth goal for 2023 in jeopardyByMichelle ThompsonSeptember 27, 2023 China’s economic growth is predicted to reach its 5% goal for this year despite the lingering real estate… Read More
Read More Business Economy The leader of the European Central Bank has stated that interest rates will remain elevated for as long as needed.ByMichelle ThompsonSeptember 27, 2023 On Monday, the leader of the European Central Bank, Christine Lagarde, affirmed that interest rates would remain at… Read More
Read More Economy Asian markets decline today as investors focus on the Chinese economy and the US government shutdownByMichelle ThompsonSeptember 26, 2023 Asian stocks largely fell Tuesday due to concerns over a potential US government shutdown and China’s struggling economy.… Read More
Read More Economy The expansion of flight operations at Farnborough Airport is expected to have a positive impact on the British economy.ByMichelle ThompsonSeptember 26, 2023 An airport has stated that its intention to raise the cap on flight operations will lead to the… Read More
Read More Business Economy The British Business Bank, which is publicly owned, has incurred an annual loss of £147 million.ByMichelle ThompsonSeptember 26, 2023 The British Business Bank (BBB), which is government-owned, has shifted to an annual pre-tax deficit exceeding £147 million.… Read More
Read More Economy European stocks fell at the beginning of the quarter last week due to China’s challengesByMichelle ThompsonSeptember 25, 2023 In choppy trading at the beginning of the final week of the quarter, European shares declined as concerns… Read More
Read More Economy Credit card delinquencies are increasing at the most rapid rate since the Great Financial Crisis.ByMichelle ThompsonSeptember 25, 2023 Highlights: Credit card companies are currently experiencing the swiftest increase in losses in nearly three decades, except for… Read More
Read More Economy In an effort to reduce tension, the US and China establish new economic working groupsByMichelle ThompsonSeptember 22, 2023 Working groups represent a ‘significant step forward’ in relations with China, according to US Treasury Secretary Janet Yellen.… Read More
Read More Economy The Federal Reserve would lack essential information for making interest rate decisions if a government shutdown were to occur, leaving them without clear guidance.ByMichelle ThompsonSeptember 22, 2023 MAIN HIGHLIGHTS: A potential government shutdown could hinder the Federal Reserve from raising interest rates in November, but… Read More