Biden unveils $2tn infrastructure, jobs plan

US President Joe Biden has unveiled an ambitious $2 trillion plan to overhaul the nation's deteriorating infrastructure and create jobs while putting the country on its way to "win the global competition with China".

'New Zealand economy resilient amid pandemic'

New Zealand's economy remains resilient despite the impact of the coronavirus pandemic, reinforcing steps the government has taken to support and secure the recovery, Deputy Prime Minister Grant Robertson said on Thursday

FM's comment on crypto brings relief to industry

With Union Finance Minister Nirmala Sitharaman saying that all windows on cryptocurrencies will not be closed down, industry stakeholders on Monday said that a positive move at this point can unleash a host of opportunities for the country.

'World GDP to grow 5.6% if vaccines roll out fast'

The global gross domestic product (GDP) will grow at 5.6 per cent this year if Covid-19 vaccination rollouts are fast and effective enough across the world, the Paris-based Organization for Economic Cooperation and Development (OECD) said.

Australian economy on track for full recovery

Reserve Bank of Australia (RBA) Governor Philip Lowe on Wednesday said that the country's economy has performed better than expected in terms of pandemic recovery due to to virus suppression and targeted stimulus measures.

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