Asian shares were subdued on Friday as the escalating conflict in the Red Sea region sent oil prices surging, while…
Analysis: Middle East escalation tilts balance of risks in markets
For global investors who came into 2024 with doubts about how long stock markets can rally and when central banks…
Cyprus Fiscal Council urges caution amid economic challenges
The Fiscal Council continuously emphasizes the need to maintain fiscal space so that the government has funds available to finance…
Protest at Chile’s lithium salt flats snarls roads to SQM, Albemarle
A protest by several hundred people in northern Chile on Wednesday blocked access to the Atacama salt flat, the world’s…
Bitcoin holds firm after regulators approve ETFs
Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world’s largest…
London mayor says Brexit has cost UK over $178 bln so far
Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual…
Argentina, IMF reach deal to salvage debt program, unlock key funds
Argentina andthe International Monetary Fund (IMF) finalized the details of an agreement over the country’s embattled $44 billion loan program,…
Apartments becoming scarce and expensive
The preceding increase in the European Central Bank’s base interest rates and the cost of housing loans, along with the…
Zimbabwe’s surging internet costs wreak havoc on small businesses
When a sharp hike in Zimbabwe’s internet costs drove Joyce Kapvumfuti’s small catering enterprise offline for a week, orders for…
ANALYSIS-China’s policy dilemma: is boosting credit deflationary?
China’s central bank faces a major hurdle in quelling the threat of deflation: more credit is flowing to productive forces…