For all the French champagne lovers in the US, brace yourselves—a 200% tariff on European wine and spirits could soon leave your glasses empty. U.S. President Donald Trump has threatened heavy tariffs on French champagne and other EU alcoholic beverages after the European Union imposed a 50% tariff on American bourbon.

US tariff threat puts French champagne at risk

Chinese lawmakers have submitted a motion to introduce estate and gift taxes, a move that could reshape wealth distribution in the country.

With china facing slowing tax revenues and a widening wealth gap, is this the right time for a tax on inherited wealth? Let’s take a look…

China weighs inheritance tax amid struggles

China’s job market is facing a growing challenge—age discrimination. Workers over 35 are struggling to find jobs as strict age limits in civil service and private-sector hiring push companies to favor younger, lower-paid employees. With 12.22 million fresh graduates entering the workforce this year, can china balance job creation with fair hiring? Take a look at this  report for more…

China’s workforce crisis: too young or too old?

Trump's tariffs touched off a stock market plunge in recent days. The market turmoil comes amid growing fears that America may be sliding toward recession, stoked by aggressive trade policies and mounting economic uncertainty. The White House insists this is merely a 'blip,' but analysts warn the economic foundations are shaking.

Has a recession begun? Have Trump’s policies increased the likelihood of a recession?

March 11, 2025, marks 5 years since Covid-19 was declared a pandemic, and its economic aftershocks continue to shape the world. Take a look at how the pandemic has reshaped the global economy in this report.

How Covid-19 reshaped the global economy

March 11, 2025, marks 5 years since COVID-19 was declared a pandemic, and its economic aftershocks continue to shape the world. Take a look at how the pandemic has reshaped the global economy in this report...

Tracking the impact of Covid-19 on the global economy

India’s economic growth has long relied on domestic consumption, with private final consumption expenditure making up over 60% of GDP. However, recent data suggests a slowdown in spending, particularly among middle-class consumers, who are being more cautious with their purchases.

Why India's middle-class spending is taking a hit

Rising costs and inflation are making your vacations expensive. Watch to know more!

Tracking Hidden Costs Of Your Next Trip Amid Rising Prices

Just days before the yearly rounds of salary talks at Japan's top firms reach their end in the spring, data showed that real earnings dipped in January following two months of small rises.

Inflation drops Japan's real wages

Lagos, Nigeria’s economic capital, sees nearly 10 million commuters rely on public buses daily. Traditionally a male-dominated industry, the transport sector is now witnessing a shift. Women like Amaka Okoli, a former banker, have turned to driving to survive. She became a commercial bus driver three years ago after losing her job, balancing long hours on the road with caring for her three children.

Nigeria News: Nigerian Women Challenge Norms From Behind The Wheel | Africa News | WION

China's economy is grappling with deflationary pressures and slowing growth, despite premier Li Qiang's push to boost consumption. With trade tensions rising and inflation targets being cut, will China’s economic recovery remain elusive?

Can government spending tackle China’s consumption slowdown?

The UAE’s real GDP grew by 3. 8 percent in the first nine months of 2024. This growth was largely driven by the non-oil sector, which expanded by 4. 5 percent, highlighting the country’s economic diversification efforts.

Non-oil sector now 74. 6% of UAE's real GDP

China's economy faces a stark reality in 2025: prolonged consumption slowdown and the longest deflationary cycle since the 1960s. According to economists, this exposes a crucial weakness likely concealed by a GDP recovery at last year's end.

Economists warn China faces prolonged battle with deflation amid tariff

Nigeria's economy experienced a notable upturn in the fourth quarter of 2024, achieving a 3.84% year-on-year GDP growth—the fastest in three years. This surge was predominantly driven by the services sector, which expanded by 5.37% during the same period.

Nigeria GDP Grows At Fastest Pace In 3 Years

China’s political leaders gather in Beijing for the annual '2 Sessions,' where key national issues are set to be discussed and proposed. Our next report delves into the key proposals being put forward and their potential impact on the nation’s future.

China's leaders tackle workers' rights, housing, & marriage issues

China’s annual "Two Sessions" meeting is tackling key issues, from economic slowdown and workforce challenges to housing reforms and marriage laws. Lawmakers are debating policies like a housing trade-in system and potential changes to the retirement age.

China’s ‘Two Sessions’ debate economy, housing, marriage and workforce

Prime Minister Shehbaz Sharif on Tuesday underlined the need to plug Rs850 billion annual losses incurred by state-owned enterprises (SOEs) and the need to end circular debt in the power sector. Watch to know more!

Pakistan: PM Shehbaz Sounds Alarm On State-owned Entities Losing Billions

Japan is currently experiencing a sustained period of inflation after decades of battling deflation, which has caused significant economic challenges. Watch this report for more details!

Japan faces prolonged inflation after decades of deflation

The global ocean shipping industry, responsible for handling 80 percent of world trade, is facing a wave of uncertainty. Trade tensions fueled by US Policies are disrupting supply chains and impacting major players.

US Tariffs, Geopolitics Threaten $9 TN Shipping Industry

As we discuss global economic growth and challenges, inequality has become a major theme. We've analysed the wealth divide in the US And India, and now, let's turn to China—where the gap between the rich and the ultra-rich is expanding. So, where does China stand in this global inequality debate? Watch to know more!

Top 130,000 Chinese Families Hold 58% Of Wealth

Pakistan's finance minister Muhammad Aurangzeb said an IMF delegation will visit the country next week. The first assessment of the $7 billion rescue package is scheduled for March. Last summer, as part of its economic recovery strategy, Islamabad received a $7 billion loan from the IMF. According to Pakistan's finance minister, the country's economy has stabilised and should now prioritise export-led growth.

IMF review of Pakistan's economic recovery bailout due

Bangladesh Bank has introduced a new currency strategy to stabilize the Taka, which has underperformed most Asian currencies in 2025. The new approach involves daily recalibration of the exchange rate, moving closer to a freely floating system.

Bangladesh eyes freer currency amid economic challenges

Hong Kong is facing its toughest fiscal test in three decades, with annual deficits exceeding $20 billion in three of the past four years. The city’s finance chief, Paul Chan, has announced a plan to restore fiscal balance by mid-2027. The government will cut recurrent spending by 7%. The government has also announced plans to slash 10,000 civil service jobs.

Hong Kong aims to cut spending by 7% to balance budget

The US economy appears strong on the surface, with low unemployment and stable inflation expectations. But beneath the surface, a growing wealth divide is reshaping consumer spending. Let’s break down the numbers and what they mean for the broader economy.

Top earners drive US growth as wealth gap grows

The wealth gap in the U.S. is widening as high earners drive spending growth while middle-class Americans struggle. Credit card delinquencies have hit their highest level since 2011, and consumer debt has reached a five-year peak. With over 11% of credit card accounts now 90+ days overdue, financial strain is rising across the country.

US wealth gap expands as consumer debt and delinquencies reach record highs

US business activity nearly stalled in February, with the S&P global composite PMI falling to 50.4, its lowest level in 17 months. The slowdown was driven by the services sector, which contracted for the first time in over a year. This has raised concerns over the future of the US economy under Trump's 'tariffs' regime.

Trump’s trade policies rattle businesses & consumers

Wall Street suffered a broad selloff on Friday as investors grappled with weak economic data and persistent inflation concerns, prompting a flight to safer assets.

Risks and opportunities in global markets

Japan’s inflation is gaining momentum, with January’s consumer price index expected to rise to 4 percent, up from 3.6 percent in December. This positions Japan as the fastest-inflating economy among g-7 nations. A key driver of inflation is food prices, particularly fresh produce.

BOJ under pressure as Japan leads G-7 inflation

Iran's economy is facing a severe crisis as the national currency, the rial, continues its sharp decline. Since July 2024, the rial has lost nearly 50% of its value, trading at over 900,000 to the US Dollar.

Iran's economy minister at risk of dismissal

Hong Kong’s interbank liquidity is severely strained as local banks borrowed a record $707 million, the highest amount in over five years. The Hong Kong monetary authority, the city’s de-facto central bank, stepped in to offer temporary cash through its discount window. This surge in borrowing comes as demand for Hong Kong equities has increased significantly. The rally has put pressure on the financial system. The city's funding costs have spiked to a near six-week high of 4. 07%.

Hong Kong banks borrow record $707 mn amid stock surge

91 Iranian lawmakers sign motion to dismiss economy minister

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