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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

Banking Finance News World

Goldman profit hit by weaker trading, rising expenses; shares tumble

Global Business Magazine January 19, 2022

Shares in Goldman Sachs Group (GS.N) fell as much as 8% Tuesday after Wall Street's premier investment bank missed quarterly profit expectations, 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

Business Economy News Oil & Gas Omicron World

Oil market headed for surplus as Omicron impact muted -IEA

Global Business Magazine January 19, 2022

Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the International Energy Agency (Read More

Economy News World

China cuts interest rates as economic growth slows

Global Business Magazine January 19, 2022

China’s economic performance weakened in the fourth quarter as expenditure plummeted,&Read More

Finance Business Economy News World

Higher U.S. yields support dollar; yen slips after BoJ meeting

Global Business Magazine January 18, 2022

A jump in U.S. Treasury yields pushed the dollar index to a six-day high on Tuesday, while Japan's yen fell after Read More

Business Economy News Omicron World

Analysis: With Omicron, global economy spots chance to push past COVID

Global Business Magazine January 18, 2022

Governments worldwide are easing quarantine rules, reviewing coronavirus curbs and dialling back pandemic-era emergency support as they bid to launch their economies Read More