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U.S. World Business Lifestyle
Today: April 28, 2025
Today: April 28, 2025

economic growth

Asia|Business|Economy|Finance

Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks

Bank Indonesia will hold interest rates steady on Wednesday to support the under-pressure rupiah, despite growing concerns of slowing economic growth driven by

Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks
Asia|Business|Economy

Thai exports posting higher growth in March, commerce minister says

Thailand's export growth in March was higher than February's 14% annual rise, while tariff negotiations with the United States set for this week are expected to proceed positively,

Thai exports posting higher growth in March, commerce minister says
Business|Economy|Finance|Political|World

A tariff headache for major central banks

U.S. President Donald Trump's tariffs have darkened the global economic backdrop, forcing big central banks to reassess their next steps.

A tariff headache for major central banks
Business|Economy|Europe|Finance|World

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth

Ukraine's central bank kept its key interest rate unchanged at 15.5% on Thursday and said it expected consumer price inflation to start declining this summer.

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth
Business|Economy|Europe|Political|US

European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught

European Central Bank cuts interest rates for the seventh time as global trade tensions escalate
Business|Economy|Europe|Finance

ECB cuts rates as tariffs to hits already weak growth

The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already

ECB cuts rates as tariffs to hits already weak growth
Asia|Business|Economy|Finance|Political|World

Thai economic growth to see hit from US tariffs, central bank says

Thailand's economic growth will be hit by U.S. tariffs on its exports, although the impact on activity won't be as great as during the

Thai economic growth to see hit from US tariffs, central bank says
Business|Economy|Europe|Political|US

European Central Bank expected to cut rates again amid worries about Trump's tariffs

Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make credit more affordable for business and consumers

European Central Bank expected to cut rates again amid worries about Trump's tariffs
Business|Economy|Political|US|World

The global trade war will badly hurt the US and global economies, WTO says

The global trade war will badly hurt the US and global economies, WTO says

The global trade war will badly hurt the US and global economies, WTO says
Business|Economy|Political|US

US manufacturing output slows in March; tariffs cloud hangs over factories

U.S. manufacturing production rose moderately in March and could decelerate further amid President Donald Trump's global tariffs, which have sparked a trade war with China.

US manufacturing output slows in March; tariffs cloud hangs over factories
Business|Economy|Finance|Political|US

FULL TEXT- Bank of Canada holds key policy rate at 2.75%

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3%

FULL TEXT- Bank of Canada holds key policy rate at 2.75%
Asia|Business|Economy|Finance|Political|Stock Markets|Technology|US

US-China trade war goes full throttle

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The escalating U.S.-China trade war has expanded

US-China trade war goes full throttle
Business|Economy|Europe|Finance|Political

Central Europe cannot expect big boost from German fiscal expansion, S&P says

Central Europe cannot expect a big boost from Germany's fiscal expansion despite strong links to Europe's largest economy, where part of the stimulus benefits will be offset by

Central Europe cannot expect big boost from German fiscal expansion, S&P says
Asia|Business|Economy

China's home prices halt decline in March, but pressures remain

China's new home prices stabilised in March after a slight month-on-month dip in February, as government support measures struggled to

China's home prices halt decline in March, but pressures remain
Asia|Business|Economy

China's March industrial output rises at faster pace in March

China's industrial output in March rose 7.7% from a year earlier, quickening from 5.9% growth in the January-February period, official data showed on Wednesday, as the world's

China's March industrial output rises at faster pace in March
Asia|Business|Economy

Japan February machinery orders rise 4.3% month-on-month

Japan's core machinery orders rose 4.3% in February from the previous month, government data showed on Wednesday.

Japan February machinery orders rise 4.3% month-on-month
Business|Economy|Finance|Stock Markets|US

US banks maintain steady headcount amid tariff turbulence

Major U.S. banks kept their staffing levels largely stable in the first quarter, bracing for potential disruption later in the year that some analysts say may trigger job cuts.

US banks maintain steady headcount amid tariff turbulence
Asia|Economy|Environment

India forecasts above average monsoon rains in boost to crop output, economy

India is likely to see above-average monsoon rains for the second straight year in 2025, the government said on Tuesday, raising

India forecasts above average monsoon rains in boost to crop output, economy
Americas|Business|Economy|Political

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll

Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries about the U.S.-led global trade shake-up, a

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll
Business|Economy|Europe|Political

As economy stalls, Germany struggles to get consumers spending

With global trade deeply uncertain and a tariff war causing havoc on financial markets, Germany's next government is hoping to unleash domestic consumption to

As economy stalls, Germany struggles to get consumers spending
Business|Economy|Finance|World

OPEC cuts global oil demand growth forecasts, citing US tariffs

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data

OPEC cuts global oil demand growth forecasts, citing US tariffs
Asia|Business|Economy|Political|US

Philippines, preparing for U.S talks, says less vulnerable to trade shocks

A Philippine delegation will travel to the United States next month to discuss threatened tariffs on Filipino exports, while a minister said the country's smaller trade sector makes

Philippines, preparing for U.S talks, says less vulnerable to trade shocks
Business|Economy|Europe|Finance

S&P upgrades Italy in surprise boost for PM Meloni

Credit ratings agency S&P Global upgraded Italy on Friday in a surprise move just days after Rome halved its economic growth forecast amid global market turmoil and said

S&P upgrades Italy in surprise boost for PM Meloni
Business|Economy|Finance|Stock Markets|US

US bank profits rise, but executives raise more tariff alarms

Executives at big U.S. banks warned on Friday of economic turbulence from tariffs that could weigh on economic growth, even as

US bank profits rise, but executives raise more tariff alarms
Business|Economy|Europe|Political|World

Trade war could cut German GDP more than 1%, economic institute says

A trade conflict based on blanket 25% tariffs could cut economic growth in Germany by more than 1 percentage point, according to calculations from an economic institute.

Trade war could cut German GDP more than 1%, economic institute says
Business|Economy|Europe|Finance|Political

Greece to repay first bailout loans by 2031, 10 years early

Greece will pay off loans granted under the first of three debt-crisis bailouts by 2031, two government officials told Reuters, as the country seeks to lose

Greece to repay first bailout loans by 2031, 10 years early
Asia|Business|Economy

India's industrial output at 6-month low in February

India's industrial output in February was its weakest since August 2024, hurt by slowing manufacturing and mining sector growth, government data released on Friday showed.

India's industrial output at 6-month low in February
Asia|Business|Economy|Political|US

China's March exports likely got front-loading lift before Trump's new tariffs took effect

China's exports likely picked up pace in March, as factories rushed out shipments ahead of U.S.

China's March exports likely got front-loading lift before Trump's new tariffs took effect
Business|Economy|Europe|MidEast|Political

EU and UAE agree to launch free trade talks

The European Union and the United Arab Emirates have agreed to launch free trade talks, the EU and UAE said on Thursday, amid the upheaval and uncertainties created by U.S.

EU and UAE agree to launch free trade talks
Economy|Finance|Political|US

Kansas City Fed's Schmid to stay focused on inflation in light of tariff risks

Kansas City Federal Reserve President Jeff Schmid said on Thursday he will remain "squarely focused" on inflation and the risk new U.S. import taxes could

Kansas City Fed's Schmid to stay focused on inflation in light of tariff risks
Business|Economy|Europe|Finance|Political

Germany's economy is expected to be more or less stagnant this year

Leading think tanks say that Germany’s economy is likely to be more or less stagnant in 2025 after shrinking for two years and the impact of U.S. tariffs could weigh down an already unimpressive showing

Germany's economy is expected to be more or less stagnant this year
Asia|Election|Political

South Korean opposition leader Lee opens presidential bid following Yoon's ouster

South Korean opposition leader Lee Jae-myung, widely seen as the front-runner in a presidential by-election triggered by the removal of President Yoon Suk Yeol last week over his ill-fated imposition of martial law, officially announced his presidential bid on Thursday, vowing to heal a starkly divided nation through economic growth

South Korean opposition leader Lee opens presidential bid following Yoon's ouster
Business|Economy|Finance|Political|US

Fed officials signal no plans to ride to the rescue with rate cuts

Federal Reserve policymakers worry U.S.

Fed officials signal no plans to ride to the rescue with rate cuts
Economy|Europe|Finance|Political

Italy says budget deficit won't rise despite crumbling growth

-Italy on Wednesday committed to keeping its budget deficit in check even as it slashed its economic growth forecasts amid market turmoil over U.S.

Italy says budget deficit won't rise despite crumbling growth
Economy|Europe|Political

Key issues agreed by Germany's future coalition government

German conservatives under Friedrich Merz agreed a coalition deal with the centre-left Social Democrats (SPD) on Wednesday, aiming to revive growth in Europe's largest economy.

Key issues agreed by Germany's future coalition government
Americas|Business|Economy

Brazil retail sales rise 0.5% in February to hit record

Retail sales volumes in Brazil rose 0.5% in February from the previous month, reaching the highest level since the data series began in 2000, statistics agency IBGE said on

Brazil retail sales rise 0.5% in February to hit record
Business|Economy|Europe|Political|US

ECB policymakers pledge market stability but see big growth hit

The European Central Bank is ready to preserve financial stability in case of further market turmoil but the sector, including hedge funds, appears well prepared for the recent

ECB policymakers pledge market stability but see big growth hit
Business|Economy|MidEast|Political|World

Erdogan: Turkey not expecting negative trade, export situation after tariffs

President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of U.S.

Erdogan: Turkey not expecting negative trade, export situation after tariffs
Business|Economy|Europe|Finance|Political

ECB braces for bigger-than-anticipated growth hit from tariffs - sources

Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank

ECB braces for bigger-than-anticipated growth hit from tariffs - sources
Economy|Europe|Finance

ECB's Rehn sees stronger case for ECB rate cut in April amid trade war

Downside risks have materialised since March that support the case for cutting interest rates at the European Central Bank's April meeting, ECB policymaker Olli Rehn said on

ECB's Rehn sees stronger case for ECB rate cut in April amid trade war
Asia|Business|Economy|Finance

China's March bank loans seen rebounding as trade tensions escalate - Reuters poll

China's new yuan loans likely rebounded in March after a sharp fall in February, a Reuters poll showed on Wednesday, as policymakers pledged fresh

China's March bank loans seen rebounding as trade tensions escalate - Reuters poll
Asia|Business|Economy|Finance

Instant View: India central bank cuts rates, changes stance to "accommodative"

The Reserve Bank of India cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish

Instant View: India central bank cuts rates, changes stance to "accommodative"
Asia|Business|Economy|Finance|World

US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB

The full implementation of U.S. tariffs could cut developing Asia's growth by about a third of a percentage point this year and nearly a full percentage point in 2026, the Asian

US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB
Business|Economy|Finance|Political|Stock Markets|US

US small business confidence drops, economic outlook dims

U.S. small-business confidence dropped for a third straight month in March, eroding most of the gains that followed President Donald Trump's election victory in November, amid rising

US small business confidence drops, economic outlook dims
Asia|Business|Economy|Finance|Political|Stock Markets|US

Thailand to increase US imports, lower taxes in tariff response

Thailand will increase U.S. imports, lower some of the higher taxes on American goods and address non-tariff barriers, the finance minister said on Tuesday, as the government seeks

Thailand to increase US imports, lower taxes in tariff response
Asia|Business|Economy

Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows

Japan's bankruptcy filings in fiscal 2024 totalled 10,144, the most in 11 years, credit research firm Tokyo Shoko Research (TSR) said on Tuesday, amid rising uncertainties around the

Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows
Business|Economy|Finance|Political|US

New Zealand to stick to current economic plans despite US tariff concerns

New Zealand will not revise its economic and fiscal plans despite the turmoil in the global financial markets triggered by U.S.

New Zealand to stick to current economic plans despite US tariff concerns
Business|Economy|Finance|Political|Stock Markets|US

Fed's Goolsbee says there's a lot of anxiety over tariffs

Chicago Federal Reserve Bank President Austan Goolsbee on Monday said businesses are anxious about U.S.

Fed's Goolsbee says there's a lot of anxiety over tariffs
Business|Economy|Europe|Finance|Political

EU finance ministers to discuss tariff impact on economy

European Union finance ministers will discuss on Friday how to tackle the expected blow to Europe's economic growth from tariffs imposed by the United States on EU goods, the

EU finance ministers to discuss tariff impact on economy