Dubai’s economy grew 3.3% in first nine months of 2023
Dubai has recorded 3.3 percent growth in the real gross domestic product (GDP) in the first nine months of 2023, primarily due to the expansion of its tourism and transportation …
GDP
Private-equity investors to return to China in search of M&A deals in 2024, Bain & Co says
Bain’s statement is significant because, despite a drop in deal volumes, mainland China still accounted for 41 per cent of deals in the Asia-Pacific region in the first half of …
Israeli govt approves revised wartime budget with more defence spending
Jerusalam: The Israeli Finance Ministry said the government has approved an updated wartime budget for 2024, with significant increases in defence spending amid the raging fighting with Hamas in Gaza. …
What does 2024 have in store for the Canadian economy?
It’s been a long time since economic data in Canada showed very much promise. The last 18 months have been defined by a cost of living crisis and a slowing …
‘Get bolder please’: economic powerhouse all out to lift exporter initiative amid Beijing’s urge for bigger responsibilities
“Later on I learned my peers also received calls and were asked if they needed goal-setting help,” he said. “We were told to ‘get bolder’ with a ‘moderate to high’ …
Canada’s economy stalled again in October but likely up 0.1% in November
Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. …
RBI: Global rate-cut standoff looms in 2023 policy finale
From Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is …
Opinion | Global debt crisis goes well beyond China’s property sector woes
“Staggering” is the kind of term those attempting to describe the debt problems in China would use. It is strong language coming from a sober institution such as the IIF, …
Opinion: Why China’s economy will continue to grow
The growth – or lack thereof – of the Chinese economy matters, not only to China but also to the rest of the world. China is now the main trading …
In an uncertain economic climate, the federal government banks on hope
Almost any budgetary process is an exercise in optimism. The federal government hopes it can hold the line on program spending. It hopes the global economy is on the road …