Economy

Economy News

Japan eyes tighter curbs on firms to counter cyberattacks

The move comes amid Prime Minister Kishida’s push to defend Japan’s economic security against China. Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software.

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Pakistan faces ‘hard choices’ for export growth: Commerce chief

To diversify exports beyond textiles, it’s offering firms a combination of incentives and pressure to step up exports. By Asad Hashim ISLAMABAD, Pakistan – Pakistan’s government is targeting a trade deficit of.

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Alphabet inches closer to $2 trln market value after blowout result

By Akash Sriram and Subrat Patnaik (Reuters) – Google-parent Alphabet (NASDAQ:GOOGL) Inc moved closer to joining peers Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) in the elite $2 trillion market valuation club.

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Russian inflation accelerates to 8.82% ahead of cenbank rate meeting

MOSCOW (Reuters) – Consumer inflation in Russia accelerated to 8.82% in year-on-year terms as of Jan. 28, its highest since early 2016, the economy ministry said on Wednesday, adding pressure.

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Fighting COVID will help economy recover faster, lower inflation -IMF’s Georgieva

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The COVID-19 pandemic remains the biggest risk to the global economy, and is contributing to rising inflation in many countries, International.

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Mexico central banker sees core inflation peaking, more rate hikes

MEXICO CITY (Reuters) -Bank of Mexico board member Jonathan Heath said core inflation in Mexico should peak in the first quarter and then begin a “not so fast” downward trajectory,.

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India unveils higher spending but no direct measures for the poor

The annual budget was focused on big-ticket infrastructure spending but lacked measures to spur consumption. By Megha Bahree India has promised to spend more in the upcoming financial year to keep.

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Analysis-White House retools strategy toward Senator Manchin, with Biden agenda on the line

By Jarrett Renshaw, Richard Cowan and Andrea Shalal WASHINGTON (Reuters) – White House officials are planning a more subtle approach to try to win pivotal U.S. Senator Joe Manchin’s support.

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Australia’s central bank ends bond buying, but in no hurry to hike

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion ($194.40 billion) bond buying campaign.

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Omicron dashes China’s hopes of Olympics boosting its economy

Coronavirus flare-ups and pollution curbs are weighing on consumer and industrial activity ahead of Games. China’s Winter Olympics may be more of a drag on Beijing’s regional economy than a.

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