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China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support...

Subscribe to enjoy similar stories. SINGAPORE—China said its economy expanded by 5% last year, formally hitting its official growth target in a difficult year that saw officials respond to a sharp summertime deterioration in key indicators with its most aggressive stimulus in years. The country’s National Bureau of Statistics said gross domestic product was buoyed by solid growth in investment and exports, which offset weaker consumption, highlighting the unevenness of Chinese growth.

Union Budget should continue the focus on increasing productivity and creating apt infrastructure for ensuring steady growth in the agriculture sector and increasing rural income.

Union Budget 2025 Expectations Live Updates: From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, among others — all stakeholders are holding high hopes for Union Finance Minister Nirmala Sitharaman's eighth Budget speech in February.Notably, she completed Pre-Budget Consultation with various stakeholders, unions and other representatives on January 6, ahead of beginning work on Budget 2025-26.FM Sitharaman 8th Budget SpeechIn Sitharaman's eighth Budget speech, likely next month, the industry is expecting significant announcements ranging from income tax breaks, GST rationalisation, industry-specific policies and more, aimed at reviving the economy and boosting consumer sentiments.This will be Sitharaman's second full-fledged Budget in Modi 3.0, and her eighth budget presentation in Parliament. She has presented six annual and two interim budgets under the NDA government's consecutive terms in power.When is the Union Budget 2025 Speech?As per convention over the past years, the finance minister is expected to give her Budget speech in Parliament at 11 am on February 1, 2025.

Subscribe to enjoy similar stories. On a typical weekday, lunch hour is bustling at Toscana Brentwood, a popular restaurant with the Hollywood elite where it isn‘t uncommon to see Disney Chief Executive Bob Iger dining while agents table hop looking for the next big deal. Since the fires that have destroyed the Palisades and forced much of neighboring Brentwood and Santa Monica to evacuate, Toscana is a ghost town.

Asian stocks slipped in early trading after US shares struggled to gain traction as traders prepared for a swath of Chinese data scheduled Friday including fourth-quarter growth. Shares in Japan fell as the yen largely held onto gains from earlier in the week, while those in Australia fluctuated, weighed by Rio Tinto Group following a report it has held early stage talks on combining its business with Glencore Plc. US equity futures were little changed.

Subscribe to enjoy similar stories. New Delhi: Outgoing US ambassador to India Eric Garcetti said North American and West Asian oil can make up for any shortfall in Russian crude supplies to India following the latest US sanctions on that country, pointing out that India and the US “agree that borders should be sacrosanct". On fears of a looming tariff war, he said with President-elect Donald Trump “it's an invitation to negotiate." Edited excerpts from an interview: I would say its trust and ambition, because it's clear that we have friendship.

World Bank. While the projection for FY26 is unchanged from June 2024, growth for FY27 has been revised downwards by 0.1 percentage point.

The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy

Rachel Reeves, the U.K.’s new chancellor of the exchequer, had a goal in mind when she flew to Toronto last August to meet with the heads of some of Canada’s largest pension funds.

Romer Debbas managing partner Pierre Debbas says the economic consequences from the California wildfires will continue to be an unfortunate story.

Wall Street seems so backwards.

Former Congressional Budget Office director Doug Holtz Eakin explains the impact that tariffs would have on the Canadian economy and shares his thoughts on President-elect Trumps agenda and the House speakership vote.

artificial intelligence (AI), digital and green technologies, the inaugural QS World Future Skills Index has found.

BEIJING — As promised government support is still to meaningfully kick in, China's economy hasn't yet seen the turnaround investors have been waiting for.

According to data from the Office for National Statistics (ONS) today (16 January), real GDP is estimated to have shown no growth in the three months to November compared with the previous three-month period. UK inflation lowers to 2.5% in December Services output increased by 0.1% over the month, after falling 0.1% in October, which was revised down from 0% in the ONS' previous release, but similarly to real GDP, showed no growth in the three months to November. Production output fell by 0.4%, continuing the downward trend from the previous month when it dropped by 0.6%, and overa...

foreign institutional investors (FIIs) have been net sellers, offloading about $23 billion from October 2024 to January 2025. The prevailing narrative attributes this to a weakening Indian economy. However, a closer examination reveals a more nuanced reality.