Economic News Category

The factory work expanded in china for the October month The pace of the Chinese factory activity got expanded in just four months during October that got limited by the strong demand. The power shortages have increased the costs that weigh on production as released by the business survey that was released on Monday. The

Bank of Japan to Lower the Inflation, Backs Out their Project Funds The central Bank of Japan and the factory’s production in Japan has been affected a lot due to COVID-19. The monetary policy of Japan has been kept on Thursday and was set below 2%. The bank of Japan has cut its consumer inflation

Saudi Arabia to provide $4.2- Billion support package to Pakistan Wednesday was a great day for Pakistan as the nation’s currency got a boost of 2.48 Pakistani rupees against the US dollars in intraday trading. The support was done by their long-time friend Saudi Arabia that announced a package of $4.2B, as per the industry

Asian Countries Workers Allowed to Work in Singapore Due to Heavy Labor Loss in the State Singapore companies have supported the news of the Singaporean government to welcome the reopening of the borders in India and other south Asian countries for workers. These measures will safeguard the construction sector of Singapore that got badly hit

Joe Biden’s US Billionaire Tax was Criticized in the US The new billionaire tax scheme that will help the social services and climate change plan of President Joe Biden was not welcomed by billionaires. People and some democrats gave importance to the original plan of US tax rates that is running currently in the country