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Economy

11058 posts
EEconomy
Australia’s inflation tops forecasts at 3.2%, highest in over a year
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Australia’s inflation tops forecasts at 3.2%, highest in over a year

  • October 29, 2025
Tourists sit on a bollard at the Sydney Opera House. Afp Contributor | Afp | Getty Images Australia’s…
EEconomy
IN FOCUS: What's low-altitude economy, and is China struggling to make it fly?
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IN FOCUS: What’s low-altitude economy, and is China struggling to make it fly?

  • October 29, 2025
While domestic airspace opens in stages, Chinese firms are probing overseas skies for opportunities. Several companies told CNA…
EEconomy
Impact of insider trading investigation on WiseTech
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Are investors too bearish on Australian equities?

  • October 29, 2025
Even local investors are getting fed up with ASX stocks. There’s been a rush of money heading out…
EEconomy
Inflation jumps to 3.2%, dashing hopes of a Melbourne Cup day rate cut for homeowners | Australian economy
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Inflation jumps to 3.2%, dashing hopes of a Melbourne Cup day rate cut for homeowners | Australian economy

  • October 29, 2025
Inflation has jumped to 3.2% in the year to September, from 2.1% in June, as waning government subsidies…
EEconomy
A ‘soybean farmer’ himself, Treasury Sec. Bessent said he’s feeling ‘pain’ from China, too
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A ‘soybean farmer’ himself, Treasury Sec. Bessent said he’s feeling ‘pain’ from China, too

  • October 29, 2025
Hundreds of thousands of American soybean farmers are suffering from a monthslong effective embargo by China as part…
EEconomy
Britain can defy gloomy economic forecasts, says Rachel Reeves | Rachel Reeves
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Britain can defy gloomy economic forecasts, says Rachel Reeves | Rachel Reeves

  • October 28, 2025
Rachel Reeves has said Britain can defy gloomy economic forecasts after the fiscal watchdog infuriated ministers by predicting…
EEconomy
Fed has a rate cut plus a bunch of other things on its plate this week
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Fed has a rate cut plus a bunch of other things on its plate this week

  • October 28, 2025
Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall…
EEconomy
The year of the bailout: Australia’s biggest aluminium smelter next in line for taxpayers’ cash | Energy
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The year of the bailout: Australia’s biggest aluminium smelter next in line for taxpayers’ cash | Energy

  • October 28, 2025
Will 2025 be remembered as the year of the bailout? More than $3bn of taxpayer money has been…
EEconomy
Guryong Village in Gaepo-dong, Gangnam District — known as the last shantytown in Seoul’s Gangnam area — is seen on Aug. 1. Behind the village stand luxury residential complexes in Gangnam, including Tower Palace, one of the most expensive housing areas in the country. Although the site is slated for redevelopment under Seoul’s urban renewal project, the gap in wealth between regions and social classes continues to widen. [YONHAP]
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The broken ladder of mobility

  • October 28, 2025
  Guryong Village in Gaepo-dong, Gangnam District — known as the last shantytown in Seoul’s Gangnam area —…
EEconomy
ADP rolls out weekly US private payrolls data — Capital Brief
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ADP rolls out weekly US private payrolls data — Capital Brief

  • October 28, 2025
The news: ADP Research said that it will now be releasing US payroll data every week, in addition…
EEconomy
Bank of America CEO warns middle class feeling economic strain
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Bank of America CEO warns middle class feeling economic strain

  • October 28, 2025
Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to preview the bank’s Investor Day, discuss growth…
EEconomy
China Vows Significant Boost to Consumption Share of Economy
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China Vows Significant Boost to Consumption Share of Economy

  • October 28, 2025
China pledged to “significantly” boost the share of consumption in its economy over the next five yearsBloomberg Terminal…
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