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Category: Economy

South African economy business
Economy News

South African Business Confidence Falls Sharply in Q2 Amid Economic Uncertainty

8 months agoHenry Wilson

South Africa’s business confidence took a hit in the second quarter of 2025, dropping five points to 40. This decline hints at a slowdown in economic momentum, with many businesses...

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uk manufacturing factory
Economy News

UK’s Industrial Strategy Faces Pressure to Tackle Soaring Energy Costs

8 months agoHenry Wilson

British business leaders warn Prime Minister Keir Starmer that his upcoming industrial plan risks falling flat unless it offers real relief from the UK’s sky-high power bills hitting manufacturers hard....

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Russia banking
Economy News

Russia’s Economy Teeters on Edge Amid Banking Crisis Fears and Corporate Pullbacks

8 months agoHenry Wilson

Russia’s economy is facing a stormy road ahead, with warnings of a potential banking collapse, growing corporate caution, and a slowdown that’s sending ripples across markets. Recent analysis from Kremlin-linked...

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new zealand parliament building budget
Economy News

NZ Budget 2025 Bets Big on Business as Tax Cuts Squeeze Revenue

8 months agoMason Miller

With tax receipts falling and foreign investment getting a warm welcome, the government is pinning its hopes on growth. But will it be enough? The New Zealand government has revealed...

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Reserve Bank of New Zealand building
Economy News

Inflation Expectations Creep Up as Kiwi Businesses Brace for Price Pressure

8 months agoMason Miller

Reserve Bank survey shows mixed signals on inflation and wage growth, raising eyebrows in policy circles Inflation is back on the radar for New Zealand businesses — but not in...

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digital banking
Economy

Transforming Business Models of Banks: Navigating Shifting Dynamics

9 months agoNoah Mark

As banks face a tectonic shift in their asset-liability management, new strategies and innovations are needed to stay competitive and meet the growing demands of the digital economy. Banks in...

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online banking fraud
Economy News

Banking Mohtasib Provides Rs1.65bn Relief to Customers Amid Surge in Online Payment Complaints

9 months agoFreya Jones

In 2024, banks in India have seen a notable uptick in complaints related to online payments, with fraud and service inefficiencies emerging as major causes of dissatisfaction. The surge in...

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News Economy

Tax Rises in Budget to “Hit Growth” of UK Companies, CBI Chief Warns

1 year agoHenry Wilson

Tax increases announced in the autumn Budget are poised to dampen growth by discouraging investment among UK companies, warns Rain Newton-Smith, CEO of the Confederation of British Industry (CBI). Rain...

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News Economy

The Conjuring House Faces Uncertain Future After License Denial

1 year agoNoah Mark

The beloved haunted farmhouse known as The Conjuring House might soon close its doors, leaving fans and the local economy in limbo. The Burrillville Town Council decided not to renew...

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News Economy

Singapore Life Insurance Premiums Soar by 24% in Nine Months Amid Economic Resilience

1 year agoFreya Jones

Singapore’s life insurance sector has experienced a remarkable 23.5% year-on-year surge in weighted new business premiums, reaching S$4.3 billion in the first nine months of 2024, according to data from...

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