Tag : Economic recovery

China’s inflation slips further in December, raising deflation concerns
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China’s inflation slips further in December, raising deflation concerns

manamalive.com
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 has heightened concerns over deflation, as weak domestic demand persists...
Tencent and CATL shares drop amid U.S. military ties allegations
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Tencent and CATL shares drop amid U.S. military ties allegations

manamalive.com
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 Technology (CATL) ended 2024 with notable gains, reflecting investor confidence...
Japan's big manufacturers show improved confidence in December
Business

Japan’s big manufacturers show improved confidence in December

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Business confidence among Japan's major manufacturers improved slightly in December, according to the Bank of Japan's latest Tankan survey released on Friday. The sentiment index rose to 14, up from 13 in September, signaling cautious...
Korea’s economy strengthens on robust exports and stable inflation
Business

Korea’s economy strengthens on robust exports and stable inflation

manamalive.com
MENA Newswire News Desk: The Korean economy is showing solid signs of recovery, bolstered by strong exports and moderating inflation, according to the Ministry of Economy and Finance’s latest monthly report, The Green Book. The...
U.S. consumers ramp up retail spending in July despite high prices
Business

U.S. consumers ramp up retail spending in July despite high prices

manamalive.com
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 seen in 18 months. This surge, reported by the Commerce...
U.S. stocks rally after positive unemployment report
Business

U.S. stocks rally after positive unemployment report

manamalive.com
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. This marked a significant rebound, erasing nearly all losses from...
Lebanon's grim economic outlook in World Bank's 2024 report
Business

Lebanon’s grim economic outlook in World Bank’s 2024 report

manamalive.com
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 global economies, has not issued a specific forecast for Lebanon's...