Economy
-
Finance
Singapore central bank tightens monetary policy, tries to avoid recession
In order to combat inflation that is approaching a 14-year high, Singapore tightened its monetary policy for the fourth time…
Read More » -
Finance
UNDP warns of severe debt crisis across developing countries
The United Nations Development Programme (UNDP) added its voice to the chorus of organisations and charities warning that a severe…
Read More » -
Banking
Asian Development Bank cuts growth forecast, says economies set to grow faster than China’s
According to a recent assessment from the Asian Development Bank, China’s economic growth this year will be weaker than that…
Read More » -
Finance
India as the world’s fastest-growing robust economy might not last long
The GDP projections for the first quarter of the current fiscal year will be made public in a few days.…
Read More » -
Finance
Inflation bites as recession darkens the UK Economy
The British economy shrank in the second quarter of 2022 as the country’s cost-of-living issue took hold. Official numbers released…
Read More » -
Energy
Global economic concerns and Recession worries lower oil prices
Oil prices slid early on Monday as investors refocused on tight supply, although the mood remained shaky following a 6%…
Read More » -
Morgan Stanley warns of Global Economic slowdown
Due to concerns from the Russia-Ukraine war and China’s COVID-19 spike, Wall Street Investment-banking giant Morgan Stanley expects global economic…
Read More » -
ADNOC Signs Framework Agreements worth $1 Billion
The Abu Dhabi National Oil Company (ADNOC) has signed the framework agreements for Concept and Front-End Engineering Design (FEED) services…
Read More » -
Japan economy shrinks in 2020 due to COVID-19
The East Asian country, Japan ’s economy shrinks in the fourth quarter of 2020 due to COVID-19 , the economy…
Read More » -
Leadership
Singapore economy could have reduced by 12.4% without COVID-19 budget measures
The maritime Southeast Asian country Singapore, without the support measures by the government to squab the huge blow of COVID-19…
Read More »