Tag: economy

Japan business survey shows slight improvement in outlook for manufacturers

BANGKOK -- A quarterly survey by Japan’s central bank shows business sentiment has improved slightly, especially in major heavy industries such as automaking,...

European Central Bank likely to cut rates while weighing US trade concerns and France's chaos

FRANKFURT, Germany -- With U.S. President-elect Donald Trump threatening new tariffs and political chaos engulfing France, the European Union's second largest economy, the...

Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says

BANGKOK -- Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll...

Argentina’s Milei marks one year in office. Here's how his shock measures are reshaping the economy

BUENOS AIRES, Argentina -- When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost...

Chinese leaders pledge 'moderately loose' monetary policy, more support for slowing economy

BANGKOK -- China’s top leaders have pledged to loosen monetary policy and provide more support for the slowing economy, while Premier Li Qiang...

Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming

BRUSSELS -- Even before the French and German governments collapsed, Europe’s economy had enough difficulties. Tepid growth and lagging competitiveness versus the U.S....