A construction site in the Fangshan district of Beijing in 2013. Tomohiro Ohsumi | Bloomberg | Getty Images China’s economic growth rate is expected to decline further in 2025 despite a temporary boost from a raft of recent stimulus measures, according to the World Bank. The international lender estimated that China’s growth rate would drop…
The approval of an Economic Stabilisation Bill (ESB) by the Federal Executive Council (FEC) presided over by President Bola Ahmed Tinubu, a few days ago, is by all consideration, a move at the nick of time. This initiative comes at a time when practically all economic indicators have veered ‘off track’ in the past fifteen…
(Bloomberg) — US stock futures fluctuated in early trading, while equities elsewhere rallied after China announced a slew of stimulus aimed at shoring up economic growth. Most Read from Bloomberg Contracts on the S&P 500 pared earlier gains, suggesting stocks would open little changed on Wall Street. Europe’s main equities index, meanwhile, was trading 0.6%…
BANGKOK (Reuters) -Thailand’s 500 billion baht ($13.51 billion) “digital wallet” stimulus policy gained cabinet approval on Tuesday, Prime Minister Srettha Thavisin said, clearing another hurdle for the signature policy of the ruling Pheu Thai party. The handout would give 10,000 baht ($270.20) to 50 million Thais to be spent in their local communities over a…
