EconomyTop StoriesInflation & recession: Has the dark phase passed?GBO CorrespondentJuly 18, 2022July 18, 2022 GBO CorrespondentJuly 18, 2022July 18, 2022 Home prices increased steadily last year despite the two-thirds decline in timber...
Banking and FinanceTop StoriesTurkey’s inflation hits two-decade high of 78.6%GBO CorrespondentJuly 6, 2022 GBO CorrespondentJuly 6, 2022 The highest annual price surge was in the transportation sector with 123.37%....
EconomyTop StoriesWhy is inflation so high in the US?GBO CorrespondentJune 20, 2022June 20, 2022 GBO CorrespondentJune 20, 2022June 20, 2022 Prices have been soaring since last year, and the US has been...
Asset ManagementTop StoriesTesla China cancels online hiring drive after Musk’s ‘super bad feeling’GBO CorrespondentJune 14, 2022June 14, 2022 GBO CorrespondentJune 14, 2022June 14, 2022 The world's wealthiest man believes the US is already in recession....
EconomyTop StoriesPeople in London resort to shoplifting as inflation hits 40-year highGBO CorrespondentMay 30, 2022 GBO CorrespondentMay 30, 2022 Inflation is at 9%, highest food costs since 2011....
MarketsTop StoriesMortgage rates in US highest since 2009GBO CorrespondentMay 9, 2022 GBO CorrespondentMay 9, 2022 In order to restrict inflation, the US Federal Reserve will be raising...
EconomyTop StoriesIndonesia’s central bank cuts 2022 economic growthGBO CorrespondentApril 20, 2022 GBO CorrespondentApril 20, 2022 The central bank has kept the benchmark of the seven-day reverse purchase...
EconomyTop StoriesLow-income UK families see their discretionary spending drop by 20%GBO CorrespondentMarch 31, 2022March 31, 2022 GBO CorrespondentMarch 31, 2022March 31, 2022 Consumer price index inflation had risen by 6.2% in February, the highest...
EconomyTop StoriesGulf economies poised to grow faster in 2022GBO CorrespondentJanuary 24, 2022January 24, 2022 GBO CorrespondentJanuary 24, 2022January 24, 2022 Saudi Arabia was projected to grow 5.7%, followed by Kuwait and the...
EconomyTop StoriesIMF tells emerging markets to prepare for turbulenceGBO CorrespondentJanuary 10, 2022 GBO CorrespondentJanuary 10, 2022 The US federal policy is tightening could create disruptions in financial markets,...