China’s inflation slips further in December, raising deflation concerns
China’s consumer inflation fell to 0.1% year-on-year in December, according to data released by the National Bureau of Statistics on Thursday. The slowdown in inflation...
Tag : Economic recovery
Tencent and CATL shares drop amid U.S. military ties allegations
Chinese stocks face mounting challenges despite initial optimism fueled by strong corporate performance and hopes for government stimulus. Major firms like Tencent and Contemporary Amperex...
U.S. consumers ramp up retail spending in July despite high prices
In a strong rebound, U.S. shoppers ramped up their spending in July, registering a 1% increase from June - the highest growth in retail sales...
Dow rises 300 points amid economic optimism
The stock market surged Thursday, buoyed by strong retail sales and favorable labor statistics, alleviating concerns of an imminent recession. The Dow Jones Industrial Average...
U.S. stocks rally after positive unemployment report
Wall Street experienced its strongest performance since 2022, with the S&P 500 surging 2.3% following optimistic unemployment figures, signaling a potential easing of economic concerns....
Lebanon’s grim economic outlook in World Bank’s 2024 report
Based on the World Bank's projections as of 2024, Lebanon's economic situation remains deeply concerning. The bank, known for its comprehensive and data-driven analyses of...