The Latest Breaking News from Economic Stimulus

The government's latest economic stimulus packages to boost consumer spending during the New Year festive period have drawn mixed reactions from the private sector.

The cabinet on Tuesday approved tax rebates for shoppers and cut land and building tax as well as property transaction fees, describing it as a combined New Year gift for the people and economic stimulus.

Peru's new government is looking at economic stimulus measures for regions being roiled by protests after the ouster of leftist leader Pedro Castillo, but will hold steady to "non-negotiable" fiscal deficit targets, the economy minister said on Tuesday.

The Finance Ministry will on Tuesday submit to the cabinet for consideration a series of economic stimulus packages to boost consumer spending during the New Year period, a ministry source said.

Hungary made a "significant step" towards securing billions in economic stimulus funds by accepting European Union demands on the independence of the judiciary, an official with the bloc told Reuters on Friday.

Japan's promised economic stimulus must be big enough to exceed the economy's output gap of about 15 trillion yen ($100 billion), a senior ruling party official said on Sunday.

The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy

Danish jewelry maker Pandora reported second-quarter sales in line with expectations and reaffirmed its annual forecast, despite disappointing sales in the United States and China. Organic growth in the US market was down 12% in the quarter compared to the previous year, when sales in its biggest market were boosted…

Whether the government should bid farewell to economic stimulus measures became a source of debate after the topic was raised by an economist at Thailand Development Research Institute (TDRI).

China’s top political advisory body looks to host a forum next week with some of the nation’s largest private-sector firms, including Baidu, Inc (NASDAQ:BIDU), Bloomberg reports. While the conference focused on developing China’s digital economy, investors will likely watch for a possible wind-down of its year-long crackdown on the tech sector after a…

In recent months there have been positive signs that the world is returning to normal after the Covid-19 pandemic. People have worked tirelessly over the past two years to address and mitigate the consequences of the pandemic, spending billions on healthcare, vaccine development and deployment, social assistance payments, and other…