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Category :Economy

Stocks slide on inflation concerns as oil prices rise further

Global Business Magazine January 20, 2022

Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a correction, as Read More

Economy News Technology World

Xi Jinping urges West not to ‘slam the brakes’ by increasing interest rates too quickly

Global Business Magazine January 20, 2022

At the virtual Davos summit on 17th January, Chinese President Xi Jinping urges the world’s major economies to coordinate their Read More

Business Economy News World

Analysis: Governments no match for markets in European energy crunch

Global Business Magazine January 19, 2022

European governments have spent tens of billions of euros trying to shield consumers from record high energy prices, and themselves from voters' Read More

Finance Economy News Regional

Most major Gulf bourses track oil prices higher

Global Business Magazine January 19, 2022

Most major Gulf stock markets rose in early trade on Wednesday, amid strong oil prices, with the Saudi index holding steady at Read More

Finance Economy News World

Euro zone inflation to burn hotter, but ECB rates to stay on ice: Reuters poll

Global Business Magazine January 19, 2022

Euro zone inflation is set to burn hotter throughout 2022 than expected a month ago, according to economists polled by Reuters, which could Read More

Business Economy News World

Higher interest rates may cause Japan’s debt-servicing to top 30 trln yen in FY2025 – draft

Global Business Magazine January 19, 2022

Japan's debt servicing costs would exceed 30 trillion yen ($261.55 billion) for the first time ever in fiscal 2025 if interest rates rise by 1% more Read More