FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The SAR’s gross domestic product (GDP) plunged 33.4% year-on-year in the third quarter of this year as the city battled its largest outbreak since 2020.
Britain's inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when
Chinese consumer spending contracted in October and factory activity weakened as anti-virus controls following a rise in infections weighed on the economy. Retail sales sank
With the economy at the center of public discussion, a survey has discovered that residents want adjustments to the cash handout policy. The Choi In Tong
Renault SA and China’s Geely announced plans yesterday for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between
China's trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending. Exports declined 0.3% from a year earlier to
Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under U.S. sanctions, according to
China will further intensify its efforts to encourage foreign investment, an official with the country’s top economic planner said yesterday. Zhao Chenxin, deputy director of
Hong Kong’s share benchmark soared more than 5% yesterday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked
The OPEC+ alliance of oil-exporting countries yesterday will debate a potentially large cut in the amount of crude it ships to the global economy — a
The University of Macau (UM) estimates that economic growth will drop between 26.4% and 29.2% this year. This is followed by a drop between
Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation
The Macau Economic Association has announced that it expects the city’s Prosperity Index to remain at a low level – 1.8 or 1.9 points – from August
Premier Li Keqiang has underlined efforts to promote the role of consumption as the major driver of economic growth and to expand effective investment in order
Warren Buffett’s company has trimmed its stake in Chinese electric car and battery maker BYD for the first time since it bought the shares in 2008,
The city’s economy contracted 39.3% year-on-year in the second quarter of 2022 amid the pandemic outbreak in the neighboring regions, which affected the city’s border
China's central bank trimmed a key interest rate yesterday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is trying
Germany’s finance minister said yesterday that the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit broad sections of
According to the government, 147 former offshore companies have retained their existing business names and started operating without an offshore license. The disclosure was made
Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis.
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