As the world continues to grapple with the coronavirus pandemic, the metropolitan city of Auckland in…
Category: Economy
Accidental savers ‘to stay prudent’ after lockdown
Consumers are likely to play safe as the UK emerges from lockdown rather spend like the…
US inflation sees biggest jump since 2008
US inflation surged in April from a year earlier as the economic recovery picked up. Read…
UK economy picks up as lockdown restrictions ease
The UK economy shrank by 1.5% in the first three months of 2021, but gathered speed…
China ‘indefinitely’ suspends key economic dialogue with Australia
China has “indefinitely” suspended key economic dialogue with Australia, the latest in a growing diplomatic rift…
IMF forecasts stronger recovery for world economy
The International Monetary Fund is now forecasting a stronger economic recovery this year and next. Read…
US economy to grow faster than forecast, says Federal Reserve
The US central bank expects much stronger growth this year than previously forecast, as vaccination rates…
Chinese economy continues its pandemic bounce back
Key economic data in China surged dramatically in the first two months of 2021, pointing to…
Budget 2021: Rishi Sunak warns tax rises to follow spending spree
Chancellor Rishi Sunak has warned that a spending spree to support workers and spur investment will…
China overtakes US as EU’s biggest trading partner
China is now the EU’s biggest trading partner, overtaking the US in 2020. Read more at…
Japan’s economy shrinks 4.8% in 2020 due to Covid
Japan’s economy surged in the fourth quarter of 2020, but it was not enough to keep…
China takes new foreign investment top spot from US
China has overtaken the US as the world’s top destination for new foreign direct investment, according…