Fed likely to cut rates before ECB blinks, former BOE member says
The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations.
Economy asian news
Is China’s recovery a riskier bet than India’s boom? Maybe not
Hardly a day goes by without comparisons being drawn between India and China. Such contrasts are invariably inapt and misleading. Not only is India’s economy one-fifth of China’s, the structure of the two economies and the nations’ development paths and political systems are vastly different.
Australia joins global subsidy race with 'Future Made in Australia' plan
Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security.
WTO forecasts rebound in global trade but keeps geopolitical risks in focus
The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further in 2025, as the impacts of higher inflation fall into the rearview mirror.
Fitch downgrades China outlook to negative on economic growth risks
BEIJING, April 10 (Reuters) -- Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models.
Fitch downgrades outlook on China to negative on economic growth risks
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative on Tuesday, citing risks to public finances as the economy faced increasing uncertainty in its shift to new growth models.
What 'vibecession'? Some 80% of people in Singapore say they're bullish about the economy
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.
'They can't get it wrong again': Economists are increasingly uncertain about Fed rate cuts this year
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table.