The economy minister of Japan pays a visit to Yasukuni Shrine prior to the autumn festival.

Yasutoshi Nishimura, the Minister of the Japanese Economy, paid a visit to the Yasukuni Shrine in Tokyo on Monday, a day before the festival that is held there in autumn.

Nishimura stated to the reporters that he made a ritual offering, which he paid for out of his own money, after he h...

The United Kingdom's economy recovers from the pandemic faster than anticipated.

According to revisions to official figures, the British economy recovered from the Covid pandemic more quickly than previously anticipated, outperforming Germany and France.

Revised figures from the Office for National Statistics (ONS) showed that the gross domestic product was 1.8% hig...

As Japan's economy reaches a critical juncture, tourists will increase their expenditure.

The absence of COVID-related restrictions on summer vacations, an increase in incentives, and a resurgence in travel demand all appear to indicate that consumers are prepared to increase spending, a boon for the Japanese economy.

For the mid-August Bon holidays, bookings for domestic fl...

In February, wholesale inflation slows down to 3.85%.

Inflation based on wholesale prices went down for the ninth straight month in February, coming in at 3.85%. This was because the prices of made goods, fuel, and electricity all went down. Inflation based on the wholesale price index (WPI) was 4.73 percent in January of this year and 13.43 percent...

By 2075, India will have a bigger economy than the U.S., according to Goldman Sachs

Goldman Sachs predicts that by 2075, India will have the world's second-largest economy, passing not only Japan and Germany, but also the U.S.

India is the fifth biggest economy in the world right now, after Germany, Japan, China, and the U.S.

In a recent report, an invest...

Germany's GDP shrank by 0.3% in the first quarter, officially putting the country into recession

In the first three months of this year, the German economy unexpectedly fell, marking the second consecutive quarter of contraction.

According to figures provided by the Federal Statistical Office on Thursday, Germany's GDP fell by 0.3% from January to March. This is in response to ...

In a recessionary Germany, Berlin prepares for a conflict over budget cuts

The largest economy in Europe is experiencing financial difficulties for the first time in nearly a decade, and it is up to three contending parties to resolve them.

Official data released on Thursday revealed that Germany has officially entered a recession, with economic output falling...

Germany is in a slump, so Berlin is getting ready for a fight over budget cuts.

For the first time in almost a decade, Europe's biggest economy has money problems, and it's up to three fighting parties to fix them.

Official numbers released Thursday show that Germany is now in a recession. During the first quarter of the year, the country's gross domest...

Sharad Pawar describes the withdrawal of Rs 2000 banknotes as the act of a temperamental individual.

Monday, the leader of the Nationalist Congress Party, Sharad Pawar, compared the decision to withdraw Rs 2000 notes from circulation to the actions of a "moody person." The Reserve Bank of India announced the discontinuation of Rs 2,000 currency notes from circulation on May 19 BI and s...

The stock of First Republic Bank falls roughly 60% in a week.

Concerns about the bank's financial health in the aftermath of two other bank failures led to a continuing decline in First Republic Bank's stock price on Wednesday, which has lost 60% of its value just this week.

After the bank disclosed that depositors withdrew more than $100 ...

Economic Revival Driven by Cooperation Between Korea, China, and Japan

"Cooperation between South Korea, China, and Japan can be the engine of a rapid and sustainable recovery of the global economy," said Chu Kyung-ho, South Korea's deputy prime minister and minister of strategy and finance. He made the remarks on May 2 in Songdo, Incheon, at a gatheri...

Ten Reasons Why You Should Invest in the South Korean Economy

The question, "What business can I start in South Korea?" is a common one. Alternatively, what characteristics should a reliable investment have? Read on, and you'll learn about investment prospects in the business world. Money investments are serious business. It's not enough t...

A Midwest alliance is banking on federal financing to build a regional hydrogen hub.

Illinois business leaders and researchers hope to harness hundreds of millions of dollars in federal funds to create a thriving "hydrogen economy." The goal entails separating hydrogen from water using the state's abundant nuclear power and renewable energy, and then using the resul...

According to the leader of Japan's largest labor organization, the year 2023 will be a watershed year for salaries.

According to the leader of Japan's largest labour union, this year is crucial for the Japanese economy to shift away from decades of deflationary thinking toward sustainable real wage growth. First female leader of the Japanese Trade Union Confederation, or Rengo, Tomoko Yoshino, has emphasiz...

With the domestic economy booming and international risk appetite low, Mukherjee Saurabh

Until definitive clarity emerges on that, I think we will see a degree of apprehension throughout the globe on markets, whether it be Indian equities, American equities, or even European shares," says Saurabh Mukherjee, Founder, Marcellus Investment Managers. The economy appears to be in exc...

The global economy as seen on a map: lowered growth projections

Against the backdrop of persistent inflation and higher interest rates, economists from Wall Street to the World Bank are growing increasingly persuaded that most of the world will be in recession this year. The Washington-based lender predicts that global GDP will grow by 1.7% this year, which i...

As the economy weakens, governments and businesses around the world are investing less in technology and fewer in services for running a business

On Thursday, HCL Technologies NSE 1.60% reported a 19% increase in consolidated net profit, to Rs 4,096 crore, compared to the same period last year. To the tune of Rs 26,700 crore, quarterly income was up nearly 20% year-over-year. The final tally surpassed expectations, which were put at Rs 3,6...

Investment in information technology and business services around the world drops as the economy cools

Concerns about the global economy have resulted in a decrease in spending on information technology and business services during the past three months. According to data compiled by technology advisory firm ISG, spending dropped to $23bn in Q3 2022, down 3% from the same period in 2021. Investmen...

When it comes to innovation, Germany's economy is unrivalled

When it comes to cutting-edge innovation, Germany is currently in the lead, in no little part because of how quickly it is developing technology like autonomous vehicles. In the most recent edition of the Global Competitiveness Report published by the World Economic Forum, Germany was ranked firs...

These nations want to end the global 'poly crisis' by focusing on factors other than gross domestic product.

The global standard for measuring economic health has become inadequate for a rising number of countries. Finland, Iceland, Scotland, Wales, and New Zealand are all part of the Wellbeing Economy Governments cooperation, which is led by a majority of women. As it grows in size over the next severa...