[ad_1] US inflation in October fell below market expectations causing stocks and bonds to rally whilst the dollar and US Treasury yields weakened. ADVERTISEMENT The US year-on-year inflation print for…
Tag: World economy
Economic superpowers at the table: What’s the Biden-Xi meeting about?
[ad_1] The US President and his Chinese counterpart are meeting after one year to curb tensions between the world’s two most powerful economies. ADVERTISEMENT President Joe Biden and Chinese leader…
IMF raises global growth forecast despite China’s recovery ‘losing steam’
[ad_1] In the latest update to its World Economic Outlook, the IMF raised its 2023 global growth prediction by 0.2 percentage points to 3%, up from 2.8% at its April…
OPEC+ expects global economy to weather challenges
[ad_1] OPEC expects the global economy to grow and drive fuel demand, despite macro challenges, including high inflation and interest rates, the producer group’s secretary general said on Tuesday. The…
Germany will become the sick man of Europe without change, Deutsche Bank CEO says
[ad_1] “We are not the sick man of Europe,” Sewing said in his keynote address at the Handelsblatt Banking Summit 2023, “but it is also true that there are structural…
Germany to dislodge Japan as world’s 3rd-largest economy – Times of India
[ad_1] Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the euro. The International…
How the Israeli-Hamas war affects financial investments
[ad_1] Energy and defence-related investments are set to yield in the next 12-18 months, according to analysts. ADVERTISEMENT Weeks after Hamas’s devastating attack on Israel – provoking fierce retaliation by…
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
[ad_1] The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America. Airwallex Global fintech giant Airwallex on Thursday said it has agreed to…
AI May Lead To Flattening Of Pay Structure: IMF’s Gita Gopinath
[ad_1] Ms Gopinath also said China’s growth projection has been downgraded slightly. Marrakech: As the lingering effects of the Covid pandemic and the Russia-Ukraine war continue to be felt, it’s…