$1.8 Trillion: China runs record budget deficit as welfare spending soars
China’s government racked up a record budget deficit last year as spending on social welfare grew at the…
Chalmers rejects opposition claims Labor is fuelling inflation, and says he is ‘impatient for reform’ | Economic policy
Jim Chalmers says the May budget will help tackle inflation and strengthen the economy against shocks from Donald…
UN warns of risk of ‘imminent financial collapse’
UN Secretary General Antonio Guterres has warned member states that the world body is at risk of “imminent…
10 African countries with the highest Chinese loans in the last 24 years
This represents a dramatic decline from the highs of the early 2010s, when Chinese credit routinely exceeded $10…
Eurozone Q4 preliminary GDP +0.3% vs +0.2% q/q expected – investingLive
Eurozone Q4 preliminary GDP +0.3% vs +0.2% q/q expected investingLiveEurope sees modest growth, but the weaker dollar looms as…
Wall Street opens lower after Trump nominates Kevin Warsh as next Fed chair – as it happened | Business
Kevin Warsh to be nominated as next Fed chair Newsflash: Donald Trump has decided to nominated Kevin Warsh…
Federal deficit $26.4B for April-to-November period
OTTAWA — The federal government posted a deficit of $26.4 billion for the first eight months of its…
Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’
MONTREAL — Tariffs and economic angst delivered a $350-million blow to Canadian National Railway Co. last year, as…
US producer prices accelerate in December on services
WASHINGTON, Jan 30 (Reuters) – U.S. producer prices increased more than expected in December, with businesses appearing to…
Top Indonesian financial regulators quit after US$80 billion market meltdown
GOVERNMENT PROMISES MAJOR MARKET REFORMS Indonesia’s chief economic minister Airlangga Hartarto said authorities were committed to stock market…
Economy stalled in November and may have contracted in Q4: StatCan
OTTAWA — Statistics Canada says the economy stalled in November and early estimates suggest a decline in real…
Wall Street opens lower after Trump nominates Kevin Warsh as next Fed chair – as it happened | Business
Kevin Warsh to be nominated as next Fed chair Newsflash: Donald Trump has decided to nominated Kevin Warsh…