Economy

Emerging Markets: India Posts Robust GDP Growth of 13.5% In First Quarter

India's central bank has projected the economy's growth at 7.2 per cent for the current financial year.

Sep 1, 2022

By IBTimes APAC Desk

US Dollar to Start a Descent From 20-Year Peak, the Decline to Last Long

As the greenback's rise sent major currencies to new lows, the dollar index picked up a fresh two-decade peak of 109.4 in early Asia trade on Monday.

Aug 29, 2022

By Jacob J

Eurozone is in Recession as Ukraine War Threatens Energy Security, Says UBS

Russian energy giant Gazprom is going ahead with the plan to halt the flow of natural gas flows to Europe at the end of the month.

Aug 25, 2022

By Jacob J

What is Jackson Hole Speech? Markets on Edge Ahead of Central Bankers' Meeting

This year, the symposium organized around the topic 'Reassessing Constraints on the Economy and Policy'. The event will take place on August 25- 27.

Aug 25, 2022

By Jacob J

Biden to announce student loan waiver program

Biden to Announce $300 Billion Student Loan Waiver That Will 'Add 15 Basis Points' to Inflation

A one-time maximum waiver of $10,000 for students who make less than $125,000 will incur a cost of $300 billion for the US taxpayers.

Aug 24, 2022

By Jacob J

China's economy expands 6.7% in Q3, as Govt spending offsets weak exports

Chinese Central Bank Slashes Rates as Economy Unexpectedly Slows

The world's second biggest economy is expected to miss its official growth target this year for the for the first time since 2015.

Aug 15, 2022

By Jacob J

British Economy Contracts in the Last Three Months, Stoking Recession Fears

The service sector was particularly badly hit, falling by 0.4 per cent over the quarter.

Aug 12, 2022

By IANS

Hawkish FOMC Member Says US Fed Will Raise Interest Rates to 4% by Next Year

Chicago Fed President Charles Evans says inflation, which is up 8.5% from a year earlier, is still "unacceptably" high.

Aug 11, 2022

By IBTimes APAC Desk

Federal Reserve Shrugs Off Recession Threat as it Battles Raging Inflation With Another 75 Basis Point Rate Hike

The Fed era; Reserve is in a tight spot, between raging inflation and strong recessionary trends.

Jul 28, 2022

By Jacob J

What is Stagflationary Debt Crisis? Nouriel Roubini Warns the Coming Recession Will be Severe

Stagflation happens when slow economic growth is combined with high unemployment.The worsening debt crisis is adding another layer of risk.

Jul 26, 2022

By Jacob J

IMF to Cut Global Growth Outlook Further as Gloom Gathers - Report

According to Ceyla Pazarbasioglu, the IMF's director for strategy, policy and review, the global economy is going through a wave of setbacks.

Jul 17, 2022

By Jacob J

Woman sentenced to 5 years in prison for killing autistic son

US Home Prices to Undergo Correction as Rising Rates Set to Kill Affordability

US home prices have been inching up ever since the Federal Reserve started tightening monetary policy.

Jul 4, 2022

By Jacob J

US Stocks Suffer the Worst Half-Yearly Losses in 50 Years as Recession Fears Loom

In the last six months, the benchmark S&P 500 stock market index lost 20.6 percent, which is the steepest half-yearly loss for the US stocks since 1970.

Jul 1, 2022

By Jacob J

US Economy Contracted More Than Expected in First Quarter, Data Shows

The world's largest economy shrank at an annual rate of 1.6 percent in the first quarter.

Jun 30, 2022

By Jacob J

Illustration photo of a Singapore dollar note

Singapore Headline Inflation Rises to 5.6%, MAS Says External Inflationary Pressures Remain Strong

Releasing the data, the MAS and the MTI said external inflationary pressures remained strong owing to geopolitical tensions.

Jun 23, 2022

By Jacob J

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

Emerging Markets: India Posts Robust GDP Growth of 13.5% In First Quarter

US Dollar to Start a Descent From 20-Year Peak, the Decline to Last Long

Eurozone is in Recession as Ukraine War Threatens Energy Security, Says UBS

What is Jackson Hole Speech? Markets on Edge Ahead of Central Bankers' Meeting

Biden to Announce $300 Billion Student Loan Waiver That Will 'Add 15 Basis Points' to Inflation

Chinese Central Bank Slashes Rates as Economy Unexpectedly Slows

British Economy Contracts in the Last Three Months, Stoking Recession Fears

Hawkish FOMC Member Says US Fed Will Raise Interest Rates to 4% by Next Year

Federal Reserve Shrugs Off Recession Threat as it Battles Raging Inflation With Another 75 Basis Point Rate Hike

What is Stagflationary Debt Crisis? Nouriel Roubini Warns the Coming Recession Will be Severe

IMF to Cut Global Growth Outlook Further as Gloom Gathers - Report

US Home Prices to Undergo Correction as Rising Rates Set to Kill Affordability

US Stocks Suffer the Worst Half-Yearly Losses in 50 Years as Recession Fears Loom

US Economy Contracted More Than Expected in First Quarter, Data Shows

Singapore Headline Inflation Rises to 5.6%, MAS Says External Inflationary Pressures Remain Strong

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut