The Irish central bank has revised down its projections for economic growth and inflation for this year and next, citing the impact of the pandemic,...
Asia markets rise as Fed signals rate cuts and central banks meet
Asia-Pacific markets mostly rose on Wednesday, following the lead of Wall Street after the U.S. Federal Reserve held rates steady and signaled rate cuts in...
China’s car market rebounds as sales surpass 30 million units
China’s car market has recovered from the impact of the COVID-19 pandemic, as sales reached a new high of 30.1 million units in 2023, up...
Boeing Commercial Division Reverses Hybrid Policies
Boeing, one of the world’s largest aerospace manufacturers, has announced that it will require most of its commercial division employees to work in the office...
Wyndham Owners Association expresses concerns over possible deal
The Wyndham Owners Association (WOA), a group representing more than 6,000 hotel owners who operate under the Wyndham brand, has voiced its opposition to a...
How Gen Z is navigating the post-pandemic workforce: A podcast review
The Return is a podcast series that explores the challenges and opportunities of the workforce in a post-pandemic world. In season two, the podcast focuses...
BMW’s Electric Vehicle Sales to Surge in 2024
BMW AG, the German luxury carmaker, has expressed optimism about its sales of electric vehicles (EVs) in 2024, despite the challenges posed by the global...
Japan’s Manufacturing Sector Shows Strong Recovery in December
According to the monthly Reuters Tankan survey, sentiment at big Japanese manufacturers surged in December, improving for a second straight month as the auto sector...
How Pandemic Inflation Has Changed the Economic Landscape
The COVID-19 pandemic has disrupted the global economy in unprecedented ways, causing massive unemployment, supply chain bottlenecks, and soaring consumer prices. Inflation, which measures the...
Yellen defends US economic recovery amid criticism
US Treasury Secretary Janet Yellen said on Tuesday that the US economy is on track to achieve full employment by next year, despite some economists’...
Asian Development Bank approves $659 million loan for Pakistan’s energy sector
The Asian Development Bank (ADB) has approved a $659 million loan for Pakistan to support its efforts to improve the reliability and sustainability of its...
China’s state firms face financial pressure amid de-risking campaign
China has recently advised its state-owned enterprises (SOEs) to keep a close eye on their finances as the country’s top leadership has made de-risking a...
Fed to hold interest rates steady until mid-2023, economists predict
The Federal Reserve is expected to keep its key interest rate unchanged at a 22-year high of 5.25-5.5 percent until at least July 2023, according...
BOJ Deputy Governor Signals Possible End of Negative Rate in 2023
The Bank of Japan (BOJ) Deputy Governor Ryozo Himino hinted that the central bank may be ready to end its negative interest rate policy by...
How the UAW strike boosted air cargo demand for US automakers
The recent United Auto Workers (UAW) strike against the big three US automakers - Ford, General Motors, and Stellantis - has had a significant impact...
EU plans to postpone tariffs on British-made electric vehicles
The European Union is considering delaying the imposition of a 10% tariff on electric vehicles (EVs) manufactured in the UK, according to a report by...