Economy

The latest data from a private survey indicates an encouraging upswing in new home prices in China during November. According to the China Index Academy, the average price for new homes across a selection of 100 cities increased by 0.36% compared to an earlier rise of 0.29% in October. More significantly, the year-on-year figures exhibit

In a revealing report from the Institute of Directors (IoD), a concerning trend has emerged: optimism among the business community in the UK has plummeted to its lowest point since the early days of the COVID-19 pandemic. The report, which evaluates business leaders’ sentiments post the recent budget delivered by Finance Minister Rachel Reeves on

As Donald Trump embarks on his second term in office, the implications for economic policy under his administration, often dubbed “Trump 2.0,” have ignited significant discussion among economists and policymakers alike. The United States currently enjoys an economic climate characterized by remarkable growth, despite facing numerous challenges such as a global pandemic, geopolitical tensions, and

In a significant move that has stirred public debate and sparked intense reactions, Australia has instituted a ban on social media access for children under 16. This decision, characterized by Prime Minister Anthony Albanese as world-leading, has positioned Australia at the forefront of global digital regulation. While the initiative is perceived by some as necessary

As the Reserve Bank of India (RBI) approaches its next monetary policy meeting scheduled for December 6, the intense pressure stemming from rising inflation is shaping its decision-making process. Economists have revised their forecasts for interest rate cuts, moving them further out into early next year. This article dissects the factors motivating the RBI’s anticipated

In the complex arena of monetary policy, the Reserve Bank of New Zealand (RBNZ) has taken notable steps recently, cutting interest rates for the third time in four months. This move, which saw the cash rate reduced by half a percentage point to 4.25%, has garnered attention from economists and market analysts alike. While the

In a startling revelation, Thailand’s export sector demonstrated a remarkable resurgence in October, growing at its fastest rate in three months. This performance not only exceeded the expectations of analysts, but also set an optimistic tone for the nation’s economic landscape. The commerce ministry has expressed confidence that this momentum will continue into the final

As Donald Trump prepares to take office, his declaration to impose a 25% tariff on imports from Canada and Mexico, alongside an additional 10% on goods from China, has sent ripples throughout international markets. This bold strategy was met with a swift reaction: the U.S. dollar gained ground, surging 1% against the Canadian dollar and

Donald Trump’s appointment of Scott Bessent as the Secretary of the Treasury marks a pivotal moment in his administration, with profound ramifications for the future of U.S. economic policy. Amid swirling speculation and fierce competition for the position, Bessent emerged as a distinct choice, exemplifying a blend of finance expertise and a deregulatory stance that

In the ever-evolving landscape of global finance, currency values can hinge on a variety of factors. One recent trend has been the dollar’s slight retreat after an extended period of gains, driven by investor sentiment surrounding the appointment of a new U.S. Treasury secretary. The implications of such developments on the bond market and currency

As the United States navigates the effects of its recent political shift, J.P. Morgan’s 2025 economic outlook presents a multifaceted analysis of the potential trajectories of the nation’s economy. The financial giant sheds light on the implications of new policy approaches introduced by a fresh administration, underscoring the inherent tension between aggressive economic stimulus and

Scott Bessent’s career path is nothing short of remarkable. With robust experience in macro investment strategies developed under the tutelage of industry titans such as George Soros and Jim Chanos, Bessent has carved a niche in the highly competitive world of finance. His transition from hedge fund management to a potential role as U.S. Treasury