Modi Tax Cut Fuels $68 Billion Festival Shopping Boom in India
India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long…
China Factory Activity Disappoints in Sign of Faltering Momentum
China’s manufacturing activity expanded less than forecast in October, a private survey showed, adding to worrying signs about…
Hong Kong Finance Chief Says City Set to Hit Year’s Growth Goal
Hong Kong is poised to achieve its goal for economic growth this year, Financial Secretary Paul Chan wrote…
Egypt Unveils $1 Billion Grand Museum as a ‘Gift to the World’
Egypt inaugurated a long-anticipated $1 billion museum that showcases the wonders of its ancient past and is poised…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
HK’s Economy Grows Most Since 2023, Defying Trade Tensions
Hong Kong’s economy expanded much faster than forecast in the third quarter, posting the strongest growth in nearly…
Taiwan Economy Rides AI Boom to Better-Than-Expected Growth
Taiwan’s economy soared past expectations to clock a second consecutive quarter of strong growth, as gains from the…
Trump Returned to DC With Government Still Shut and No Deal in Sight
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday, White…
China Factory Activity Hits Longest Decline in More Than Nine Years
China’s factory activity slumped for the longest streak in more than nine years, prompting fresh calls for greater…
Tokyo Inflation Quickens to Support Case for BOJ Rate Hike
Inflation in Tokyo rose at a faster pace, supporting the case for the Bank of Japan to keep…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…