New bank lending in China rose less than expected in December, but 2023 lending hit a new record as the…
IMF sees global economy staying ‘resilient’ but growing too slowly in 2024
Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the International Monetary Fund said on Thursday, but…
Oil jumps as US, UK strike Houthis in Yemen, shares subdued
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…