Tag: Business
Lowering Power Costs in China’s Factory Heartland: Support for Exporters
China's industrial heartland, particularly the southern province of Guangdong, is making efforts to lower electricity prices to support struggling exporters and shift economic challenges to power plants. Negotiations for new annual contracts are underway,...
Pakistan’s Fiscal Year 2022: No Further Tax Increases Planned
Pakistan's government has announced that there will be no additional taxes imposed in the current fiscal year. The Finance Minister, Muhammad Aurangzeb, expressed confidence in meeting the tax revenue target of 13 trillion rupees...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...
US Bank Trading Assets Surpass $1 Trillion Milestone
US Bank recently announced that its trading assets have surpassed the $1 trillion milestone. This achievement highlights the bank's strong performance in the financial markets and its ability to generate significant returns for its...
October Inflation Shows Slight Increase Amid Long-Term Downward Trend
The latest inflation report released by Statistics Canada for the month of October is expected to show a slight increase, according to economists. Despite this uptick, experts believe that overall, inflation is on a...
European Stocks Fall Behind US Market Due to ‘Trump Trade’ Dominance
European stocks have been struggling to keep up with the US market, with many attributing this lag to the dominance of the "Trump Trade." The US market has been experiencing a boost since the...
US Inflation Stalls: Global Economy Chart & Analysis
US inflation seems to be holding steady, and consumer spending doesn't show any signs of slowing down. This situation is making the Federal Reserve more cautious about cutting interest rates. Even though inflation has...
Germany’s Potential Leader’s Recipe for Economic Growth
Friedrich Merz, a potential Chancellor of Germany, believes that the country's path to economic growth lies in revisiting the successful policies that drove the postwar economic miracle. His pro-business agenda includes lower taxes, less...