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...

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...

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...

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...

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...

Utilizing Digital Technologies to Realize a Carbon-Free Economy at COP27

At COP27, industrial software company AVEVA will highlight the ways in which digital technologies can assist public-private partnerships and unlock innovation to help bridge the implementation gap on climate change.

From November 6-18, 2022, Sharm El Sheikh, Egypt, will play host to the...

With an aim to support Tamil Nadu's USD 1 trillion vision plan, the chemical sector is aiming for USD 70 billion.

An official stated on Wednesday that for Tamil Nadu to realise its goal of a $1 trillion economy by 2030, the chemical industry needs to grow to USD 70 billion, or more than 10 times its current size. As the chemical sector expands to a USD 70 billion market, analysts predict that indirect job cr...

The state of Tamil Nadu has a vision of becoming worth $1 trillion, while the chemical sector there hopes to reach $70 billion.

On Wednesday, a government official in Tamil Nadu stated that in order to realize the state's goal of a $1 trillion economy by 2030, the chemical industry in the region must grow to $70 billion. This represents a more than 10-fold increase from its current size. As the chemical sector expands...

Germany has agreed to withdraw from the Energy Charter Treaty

The pact has been criticized for impeding attempts to minimize the use of fossil fuels by permitting corporations to sue for damages. The agreement commits its signatories to its terms for a period of 20 years.

Germany is leaving the Energy Charter Treaty, stated Economy Minister Robert...

Even though the Fed survey indicates that the economy grew in September, expectations for the future are becoming more pessimistic.

A national survey of the 12 regional banks of the Federal Reserve revealed on Thursday that the U.S. economy grew marginally in September, helped by a substantial upswing in travel and tourism and constant or expanding activity in manufacturing.

Higher interest rates and inflation are h...

Germany's power bill subsidies will total €13 billion

The monies, according to Economy Minister Robert Habeck, will assist in covering costs for firms and consumers. The billions won't stop energy transmission corporations from hiking costs, though.

On Wednesday, German Economy Minister Robert Habeck announced that Berlin would pay the...