latest Economy news, data and analysis - EconoTimes
WEB2 days ago · U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%. Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000 ...
U.S. Election Could Mark a Turning Point for the Dollar - EconoTimes
WEB15 hours ago · Saturday, October 12, 2024 2:57 AM UTC. As the upcoming U.S. presidential election approaches, financial analysts predict that the outcome could significantly impact the value of the U.S. dollar ...
Global Market Insights: China’s Stimulus, U.S. Earnings, and ...
WEB1 day ago · Markets are anticipating an announcement of 2 to 3 trillion yuan ($280-$420 billion) in new spending to jumpstart the economy. After disappointment earlier in the week from less-than-satisfactory ...
Can China’s stimulus blitz fix its flagging economy?
WEB4 days ago · Tuesday, October 8, 2024 4:46 PM UTC. Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The ...
China Monetary Easing 2024: Major Policy Changes Aim to
WEBThursday, October 3, 2024 4:24 AM UTC. China’s first major coordinated monetary easing in 2024 brings significant changes to economic policies, including cuts to the reserve requirement ratio ...
Breaking News, Business, Financial and Economic News ... - EconoTimes
WEB2 days ago · EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on ...
Why China Isn’t Reacting Swiftly to Economic Slowdowns
WEBSunday, September 22, 2024 2:37 PM UTC. Despite weakening economic data, China’s leadership remains measured in its response, prioritizing long-term growth over immediate stimulus. President Xi ...
China's Central Bank Signals More Rate Cuts Amid Economic
WEBSep 24, 2024 · The People's Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by year-end. Governor Pan Gongsheng suggested additional rate cuts ...
Labor Strikes Surge in China's Property and Manufacturing
WEBAug 12, 2024 · Labor strikes in China’s property and manufacturing sectors have surged as the country’s economic growth slows. According to the China Labor Bulletin, strikes increased by 3% in the first half ...
China Cuts Interest Rates to Boost Economy Amid Growth Concerns
WEBTuesday, July 23, 2024 10:14 PM UTC. On July 22, China, the world's second-largest economy, enacted unexpected interest rate cuts to stimulate its sluggish, debt-laden economy. The People's Bank ...