economic

Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued easing.

Australia's government on Sunday said it was confident punitive tariffs on Australian wine introduced by China in 2021 would be lifted early next year.

The number of candidates taking China’s civil service exam reaches a record high as graduates seek secure jobs. But only a lucky few will land employment in the government.

In some parts of Europe, high prices and Christmas markets go hand in hand. But in others, this year’s soaring costs have come as a shock. A 2023 survey crowned Budapest’s Christmas market the best in Europe - but with €21 hot dogs on the menu, enthusiasm is starting to wane.

Whitebox Advisors joined Britain’s Palliser Capital and City of London Investment Management (CLIM) in asking Samsung C&T to enhance shareholder value ahead of its annual general meeting of shareholders next year, the U.S. hedge fund manager said Thursday.

A court in China has sentenced to life a former official in the country’s biggest-ever banking corruption scandal. A top former bank official, Xu Guojun, was convicted Wednesday on charges of “embezzlement and misappropriation” of public funds by the Jiangmen Intermediate People’s Court in the southeast coastal province of Guangdong.

Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country's worst economic crisis in decades, with inflation heading towards 200%.

India is planning to discourage the diversion of sugar for ethanol production as part of efforts to ensure sufficient supplies of the sweetener in the local market, government and trade sources said on Wednesday.

The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to fully feed through to the economy.

Israeli Prime Minister Benjamin Netanyahu is due to face the resumption of his long-running trial on numerous corruption charges, after a pause due to the war in Gaza. A court in Jerusalem is set to start hearing the case, which is focused on several corruption charges against Netanyahu, on Monday, according to reports in the Israeli media. The trial was paused on an emergency order from the country’s justice minister following Hamas’s attack on Israel on October 7.