economy

Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO

Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy's hometown of Kryvyi Rih, while…

3 years ago

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

China on Wednesday suspended exports of natural sand to Taiwan and halted imports of fruit and fish products from the…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Euro zone inflation hits yet another record high after big jump

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure…

3 years ago

‘Recession is in the air’: German economy stagnates in 2nd quarter

The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and…

3 years ago

Analysis: U.S. LNG exports to Europe on track to surpass Biden promise

When U.S. President Joe Biden promised European leaders in March that he would help secure new supplies of liquefied natural…

3 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

3 years ago

China plans real estate fund worth up to $44 billion for distressed sector, source says

China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest…

3 years ago

GLOBAL ECONOMY Global slowdown fears darken as cost of living bites

The global economy looks increasingly likely to be heading into a serious slowdown, just as central banks aggressively reverse ultra-loose…

3 years ago

Poland to buy jets, tanks and howitzers from South Korea, says minister

Poland will buy 48 FA-50 fighter jets, a first instalment of 180 K2 Black Panther tanks and howitzers from South…

3 years ago