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Economy News

Mixed Sentiments in European Indices Amid Stronger Pound
Economy

Mixed Sentiments in European Indices Amid Stronger Po...

European indices are experiencing mixed sentiment at the start of today's trading session. Traders are observing generally minor fluctuations acros...

UK Retail Sales Show Resilience with September Growth
Economy

UK Retail Sales Show Resilience with September Growth

The latest data for UK retail sales in September shows a subtle yet positive trend, with a month-on-month increase of 0.3%, contrary to the anticip...

Economists Criticize Trump's Tariff Proposal: A Return to Smoot-Hawley Era?
Economy

Economists Criticize Trump's Tariff Proposal: A Retur...

In a recent development, former President Donald Trump has proposed a substantial increase in import tariffs, sparking widespread concern among eco...

China's Economic Slowdown: Challenges and the Path Forward
Economy

China's Economic Slowdown: Challenges and the Path Fo...

China, the world's second-largest economy, has posted a growth rate of 4.6 percent in the third quarter of 2023, marking the slowest pace of growth...

US Dollar Strengthens, Gold Surpasses $2,700 as Markets Focus on Data
Economy

US Dollar Strengthens, Gold Surpasses $2,700 as Marke...

The past week saw the US dollar maintain its strength, buoyed by a robust US retail sales report. In contrast, the euro displayed vulnerability fol...

China's Economic Growth Surpasses Expectations in Q3 Amid Stimulus Efforts
Economy

China's Economic Growth Surpasses Expectations in Q3 ...

China's National Bureau of Statistics has reported a year-on-year GDP growth of 4.6% for the third quarter, exceeding the 4.5% anticipated by econo...

Trump Defends Tariff Plan Amid Economic Club Scrutiny
Economy

Trump Defends Tariff Plan Amid Economic Club Scrutiny

During an appearance at the Economic Club of Chicago, former President Donald Trump faced inquiry over his tariff plan from John Micklethwait, edit...

Chinese Stocks Dip: PDD, Tencent, and Li Auto Face Market Challenges
Economy

Chinese Stocks Dip: PDD, Tencent, and Li Auto Face Ma...

Shares of Chinese companies PDD Holdings, Tencent, and Li Auto faced significant declines today. PDD fell by 6.1%, Tencent by 4.8%, and Li Auto by ...