Category: Economy

South Korea’s consumer sentiment deteriorated in February as households’ expectations on the future living standards and earnings weakened, survey data showed Tuesday, as the Bank of Korea prepares to hold … Read More

China left its benchmark lending rates unchanged on Monday, as widely expected, despite the economy struggling to gain traction. The People’s Bank of China retained its one-year loan prime rate, … Read More

China’s key housing market appears to have stabilised after 16 consecutive months of decline and heavy intervention by the central government. Whether that’s sufficient to reignite growth at the levels … Read More

Eligible New York families could get a new child tax credit from New York of up to $1,500 every three months if a new proposal is approved. Introduced in December, … Read More

Used car prices have soared over the past two years. Supply chain problems caused a shortage of inventory. Demand for the limited inventory drove up prices. People turned to used … Read More

BP plc (BP.L,BP_UN.TO,BP) reported that its fourth quarter underlying replacement cost profit increased to $4.81 billion from $4.07 billion, prior year. Underlying RC profit per ADS was $1.59 compared to … Read More

Indonesia’s economy grew at the fastest pace in nine years in 2022, reflecting the rebound in exports and household consumption after the relaxation of pandemic related restrictions. In the whole … Read More

February, already! How is that possible? The ink is fresh on my monthly budget spending tally for January, and it appears I’ve joined the trend for “revenge spending” – a … Read More

Renishaw Plc (RSW.L), a British engineering firm, on Thursday posted a decline in earnings for the first half, amidst higher costs and expenses. However, the company posted a rise in … Read More

The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. The Fed signalled that even though … Read More