Economy

Economy News

Manhattan return-to-office plans face persistent headwinds over COVID, safety

By David Randall NEW YORK (Reuters) – Efforts by financial firms and others to bring workers back to Manhattan offices more than two years after the start of the coronavirus.

Read More
Economy News

World economy has ‘buffer’ against recession says IMF’s Gopinath

By Alessandra Galloni DAVOS, Switzerland (Reuters) – While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund’s No. 2.

Read More
Economy News

Dividend payouts hit first quarter record, but outlook rocky

By Lucy Raitano LONDON (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to a closely-watched global report,.

Read More
Economy News

China’s property market woes expected to worsen in 2022 – Reuters poll

By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property market woes are likely to worsen this year with prices remaining flat and sales and investment falling further, while.

Read More
Economy News

U.S., 6 others say they support APEC after Russian invasion protest

(Reuters) – Representatives of seven nations, including those who walked out of an Asia-Pacific trade ministers meeting in Bangkok to protest Russia’s invasion of Ukraine, said on Sunday they support.

Read More
Business Economy News

Ukraine top of the agenda in Davos as business leaders gather

By Sabine Siebold DAVOS, Switzerland (Reuters) -Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space.

Read More
Economy News

China bill yields plunge as banks ‘window dress’ loan books

SHANGHAI (Reuters) – Slowing economic growth in China and anaemic demand for loans has sparked heavy buying of low-risk short-term financial instruments by lenders, pushing yields near zero, as banks.

Read More
Economy News

Hungarian consumer confidence falls in May amid surging inflation

BUDAPEST (Reuters) – Hungarian consumer and business confidence worsened in May after an improvement in April, a survey by think tank GKI showed on Monday, as households turned gloomier about.

Read More
Business Economy News

General Atlantic plans $2 billion investment in India, Southeast Asia

By Aditya Kalra DAVOS, Switzerland (Reuters) -Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations.

Read More
Economy News

Australian prime minister concedes defeat in election

SYDNEY (Reuters) – Australian Prime Minister Scott Morrison said he had conceded defeat in a national election on Saturday, saying that while vote counting was incomplete the opposition Labor party.

Read More