'Get Britain building again': New UK finance chief restores housing targets
LONDON — Britain's new finance chief on Monday outlined a spate of measures to revitalize the U.K.'s languishing economic growth and address national housing shortages.
Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
LONDON — Britain's new finance chief on Monday outlined a spate of measures to revitalize the U.K.'s languishing economic growth and address national housing shortages.
LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed on Thursday, with the British pound jumping to a four-month high against the U.S. dollar after the announcement.
Six poliovirus cases have been reported so far this year along with numerous positive samples. But the country’s fight is not just against the disease.
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world’s “bank for central banks” said, pointing to rising pressures on Asian currencies and capital outflows.
TOKYO -- Japan will need 970,000 more foreign workers than it will have in 2040 to meet the nation's economic growth target, a new estimate shows, highlighting the country's challenges in attracting and retaining overseas talent.
HONG KONG -- China's brisk growth in the first quarter helped put the government's full-year target within reach, but economists still expect a slowdown in the coming months and years due to the country's property crisis and escalating trade tensions.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
Prabowo and his team have tried to distance themselves from any suggestions of fiscal profligacy, and to assure market participants the incoming government respects the legal debt limits that cap its budget deficit at 3 per cent of economic output.