China has ample fiscal space to bolster growth this year
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said…
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economic growth
Floods to shave 0.2 percentage points off Spain's growth
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses (Jose Jordan) The floods which killed 227 people in Spain last month could shave…
Starmer to meet Chinese President Xi at G20 summit
Sir Keir Starmer is due to meet with President Xi Jinping at the G20 summit this week, with the government saying it wants "stable and pragmatic engagement" with China. The prime minister…
Tata Group plans to generate 500,000 jobs in 5 years: N Chandrasekaran
Tata Sons Chairman N. Chandrasekaran (Photo: PTI) 2 min read Last Updated : Oct 15 2024 | 6:25 PM IST The Tata Group plans to generate 500,000 manufacturing positions in the coming…
Pakistan central bank announces $30 billion foreign debt repayments in FY25
A third researcher said Pakistan also has to cut its external expenditures through import substitution. (Photo: X @dailystar) 3 min read Last Updated : Oct 14 2024 | 12:39 PM IST…
Statsguru: FPI investments rise on India's strong growth outlook, IPO boom
1 min read Last Updated : Sep 29 2024 | 6:36 PM IST Foreign portfolio investor (FPI) investments are on the rise, driven by stronger economic growth projections for India, a buoyant…
Economic firepower is fine, but let's give the 'bazooka' a break
(Photo: Photo: Shutterstock) 5 min read Last Updated : Sep 27 2024 | 11:54 PM IST By Daniel Moss China’s latest effort to shore up the economy and buttress markets is commendable — all the…
UK economic growth 'robust' in 2024, think tank says
The UK has risen in the rankings of a group of wealthy nations predicted to have the joint-second highest economic growth for this year, a think tank has said. The economy is now expected…
Consumer sentiment in Germany drops significantly in August
Consumer sentiment in Germany has taken a significant hit this month due to rising unemployment, more insolvencies and a poor economic outlook, according to the latest data published on…
Peru 2024 GDP growth should surpass 3.1%, president says
LIMA (Reuters) - Peru's economic growth should surpass the 3.1% rate previously estimated, President Dina Boluarte said on Sunday in a speech to the South American nation's Congress on its…
Japan cuts growth forecast, prime minister warns of weak-yen pain
By Leika Kihara TOKYO (Reuters) -Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import costs due to a weak yen, highlighting the fragile…
German Cabinet passes 2025 budget, hailing 'economic turnaround'
Germany's Cabinet on Wednesday finalized the 2025 budget after weeks of wrangling, sending the €480.6 billion ($526 billion) package to parliament for approval. The budget has been the…