Economy
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Asia
Political turmoil in South Korea hits already-slowing economy, puts damper on year-end festivities
LESS IMPACT THAN PREVIOUS IMPEACHMENT In a recent survey, nearly half of about 500 small business owners and self-employed individuals…
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United Kingdom
Investment in UK arts and culture sector suffers alarming 15% fall
Shocking figures reveal the state of freefall for the culture and entertainment sector in terms of the UK’s GDP. ADVERTISEMENT…
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Germany
Germany’s consumer climate still low, DAX eyes fifth straight drop
Germany’s GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity.…
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Asia
Indonesia announces economic policy package to ease VAT hike impact
JAKARTA : Indonesia on Monday (Dec 16) announced economic measures to soften the blow of an increase in the value-added…
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United Kingdom
UK economy unexpectedly shrinks in October for second straight month
The figures come as a setback for the new Labour government and its pro-growth agenda. ADVERTISEMENT The UK economy shrank…
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Asia
Commentary: Malaysian PM Anwar’s unity government faces its biggest tests next year
ECONOMY: SUBSIDY RATIONALISATION AS A HALLMARK REFORM Economically, Malaysia managed to keep domestic numbers stable while attracting record international investments.…
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United Kingdom
ABBA Voyage gives UK economy huge boost, contributing £1.4 billion
The virtual concert residency has attracted over two million visitors since opening in 2022 and new data shows that the…
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Asia
Japan’s factory activity falls at fastest pace in 8 months, PMI shows
TOKYO: Japan’s factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to…
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News
Rising price of paying national debt a risk for Trump’s promises on growth, inflation
WASHINGTON — WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that…
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Germany
Alcohol-free beer is becoming more popular in the EU
Alcohol-free and low-alcohol beer production in the EU jumped by 13% from 2022 to 2023, while the share of traditional…
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