New Zealand’s government is pledging to cut spending and return the budget to surplus even as economic growth slows and it faces the extra cost of paying for tax cuts from the middle of next year.

China’s annual trade surplus exceeded $1 trillion for the first time despite a deepening plunge in shipments to the US, ...

President Javier Milei’s controversial plan to shock Argentina’s economy back into growth has chalked up a significant win. After years of rising debt, the country has now posted four consecutive ...

Reviewed by Robert C. KellyFact checked by Jared EckerReviewed by Robert C. KellyFact checked by Jared Ecker A surplus describes the amount of an asset or resource that exceeds the portion needed and ...