World Bank calls for more reforms in Nigeria
Since taking over the presidency of Africa's largest economy in May, Bola Ahmed Tinubu ended a costly fuel subsidy and lifted restrictions on the Naira currency.
Snap's stock is having its best month in 3 years, and Jefferies sees more upside
Snap's direct-response improvement should drive momentum, analyst says in upgrade.
Gold rate in Visakhapatnam today slashes, check the rates on 12 December, 2023
Gold rates in Visakhapatnam slashed for the day.
Sensex up 900 points, Nifty at record high: Decoding the bull run on D-Street
The Sensex surged over 900 points in early trade to cross 70,400, while the Nifty 50 hit a fresh record high. Read on to know the factors that are behind today's bull run on Dalal Street.
Exploring the radiative effects of precipitation on Arctic amplification and energy budget
One of the key metrics for climate modeling is radiative forcing. Most climate models, including the general circulation models (GCMs), focus on the effects of different atmospheric factors on radiative ...
Global warming's economic blow: Risks rise more rapidly for the rich
Researchers analyzed how erratic weather events, increasingly intensified by global warming, affect global production and consumption across different income groups.
7 Major Economic Risks Facing Small Business in 2024
Here are the most significant headwinds to be prepared for in the coming year.
Rise in employment levels and large company numbers in North Lanarkshire
Cause for economic optimism in the area following new figures published by Businesses In Scotland.
Washington warily eyes the death of the Chinese economic 'juggernaut'
The Chinese economy faces stiff headwinds including a slumping housing sector, heavy government debt loads and rising unemployment, and U.S. policymakers are...
Unemployment rate remains at 4.2% in three months to October
Regular pay, excluding bonuses, was 7.3 per cent higher than a year earlier in the three months to October, according to the Office for National Statistics.
Shein in talks with LSE about possible London listing - report
Chinese fast-fashion giant Shein has reportedly held talks with the London Stock Exchange about the possibility of staging a blockbuster public listing in the UK, even after filing documents paving the way for a flotation in New York.
Downturn in UK retail sector deepens in December - CBI
The downturn in the UK retail sector deepened in December following a disappointing festive period, according to a survey released on Thursday.
Government borrowing lowest in four years as debt remains at historical highs
The Office for National Statistics (ONS) said that public sector net borrowing hit £7.8 billion during the month
Dollar weakens further as rate cut bets build, but equities mixed
The dollar extended losses Wednesday as traders ramped up bets on the Federal Reserve cutting interest rates in the new year after officials sounded optimistic notes on the battle against inflation. The more dovish comments, combined with falling yields and rate expectations has dragged on the dollar, and it extended losses Wednesday.
Declining prices shift Canadian views of homes as investments
The majority of Canadians view their home as being part of their investment strategy, but recent declines in prices have some reconsidering that approach.
Pound Sterling Price News and Forecast: GBP/USD dips as UK Retail Sales plummet, raising recession concerns
GBP/USD Price Analysis: Seems poised to appreciate further, awaits UK Retail Sales data The GBP/USD pair ticks higher for the third successive day on Friday and looks to build on this week's goodish bounce from sub-1.2600 levels, or its lowest level since December 13.
Inflation in Europe falls to 2.4%. It shows interest rates are packing a punch
LONDON (AP) — Europeans again saw some relief as inflation dropped to 2.4% in November, the lowest in more than two years, as plummeting energy costs have eased a cost-of-living crisis but higher interest rates squeeze the economy’s ability to grow.
Something remarkable and extremely rare happened to U.S. stock market on Monday
All of a sudden, the "Magnificent Seven" aren't looking so magnificent.
Gold price down by Rs8,000 a tola on weekly basis
Gold price in the country snapped a three-week winning streak and fell by Rs8,000 (-3.58 percent) per tola on week-on-week, in line with the decline in the international rate. The gold rate for a single tola of 24-karat decreased to Rs215,600 from Rs223,600, according to the data shared by Karachi Sarafa Association and All Pakistan […]
Rapid recovery of Greek economy leads to major debt reduction
Greece's economy has experienced a remarkable turnaround, with a rapid recovery and a return to primary surpluses significantly reducing its public debt.
RBA’s internal documents show impact of high rates on households and businesses
Citing the Reserve Bank of Australia’s (RBA) internal documents showing how rising interest rates have impacted households and businesses, Bloomberg said “the private sector wage growth appeared to have stabilized at “around” 4.0%.” Additional takeaways “Domestic tourism demand slipped from high levels.” “Consumers have continued to trade down to cheaper products, or purchased fewer items, due to cost-of-living pressures.
New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit
Americans could have a harder time finding electric vehicles that qualify for a full $7,500 federal tax credit under new rules proposed Friday that are likely to hinder President Joe Biden's goal that ...
Gold Price Forecast: XAU/USD retreats from all-time-high, as US bond yields advance
Gold price plunges more than 2% in early trading during the North American session on Monday after reaching an all-time-high (ATH) due to money market futures traders increasing bets the US Federal Reserve (Fed) would slash rates next year.
London midday: Stocks fall further as miners slump on China data
London stocks had fallen further by midday Monday, with miners under the cosh after weak Chinese data, ahead of a key week for central bank meetings.
Affirm Stock Falls Despite Exec Saying It's ‘Turning the Corner’ on Profitability
Buy-now-pay-later lender Affirm Holdings Inc. looks to reverse quarterly earnings losses as more consumers, retailers turn toward the payment option.
Japanese Yen hangs near daily low against USD, focus remains glued to US NFP report
The Japanese Yen (JPY) rallied over 3.5% intraday, to its strongest level in four months against the US Dollar (USD) after Bank of Japan (BoJ) Governor Kazuo Ueda spoke about options when considering a move away from negative interest rates on Thursday.
London pre-open: Stocks to edge up after UK GDP data
London stocks were set to edge up at the open on Wednesday following a positive close on Wall Street, as investors mulled the latest UK GDP figures and looked ahead to a policy announcement from the Federal Reserve.
2-year Treasury yield sees longest stretch of declines in 4 years amid signs of cooling labor market
Treasury yields finished lower on Wednesday as traders focused on the possibility that inflation may be starting to ease and global interest-rate cuts could...
German Finance Minister Calls for Cuts in Social Spending
(Bloomberg) — Germany’s Finance Minister Christian Lindner plans cuts in areas including unemployment payments to close the €17 billion ($18.5 billion) gap in the country’s 2024 budget, according to Funke Mediengruppe. 
Thai industrial sentiment rises for first time in 5 months in November
BANGKOK : Thailand's industrial sentiment rose for the first time in five months in November, bolstered by increased tourism, consumption and exports as well as new government measures, an industries group said on Tuesday.The Federation of Thai Industries (FTI) said its industrial sentiment index in Novem
Here’s why bitcoin and gold are both in rally mode approaching year-end
Here's what's driving both gold and bitcoin.
The Download: weight-loss drugs, and the future of offshore wind
Plus: the SEC’s X account was hacked
Annual inflation falls to 3-year low of 1.1% - flash data
Inflation in Ireland is continuing to ease, according to the latest figures from the Central Statistics Office.
'Fly away for £23' says easyJet as flights from new Birmingham base go on sale
Customers have been told they can escape to Belfast, Berlin or Malaga for under £40
Gold gains on weaker yields; US inflation report in focus
By Brijesh Patel (Reuters) - Gold edged higher on Monday, supported by a weakness in bond yields as investors await U.S. inflation data due later this week for more clarity on the Federal Reserve's
Amazon lawsuit cracks down on pressing problem ahead of busy holiday shopping season
Amazon.com has made a bold move by filing a lawsuit against an organization that stole millions of dollars worth of merchandise from its online stores through what it describes as "systematic refund abuse."
Australian Dollar remains calm post intraday gains amid a weaker US Dollar
The Australian Dollar (AUD) seeks to build on its recent gains during a quiet Asian session on Monday.
Bernstein names Amazon its 'best idea' for internet stocks in 2024. We see a lot to like, too
Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research.
LSMI output declines by 0.44% in first four months of FY 2022-23
Large Scale Manufacturing Industries (LSMI) in the country witnessed a negative growth of 0.44 percent during the first four months of the current fiscal year as compared to the corresponding period of year 2021-22, the Pakistan Bureau of Statistics (PBS) reported. The provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for October 2023 with […]
Technical signals and seasonality lean towards USD strengthening somewhat in the next few weeks – Scotiabank
The USD is trading a little firmer to start the week but the US Dollar Index (DXY) remains effectively range-bound.
Flight searches for Taipei soar 2,700% in 2023
Expedia rates Taipei top 'destination dupe' in world | 2023-11-30 16:11:00
Kenya faces expensive loans from domestic market as interest rates rise sharply
The Kenyan government is facing expensive borrowing from the domestic market as yields on Treasury bonds hit a historic high of about 17 percent. The Central Bank of Kenya (CBK) on Wednesday put up for sale 226 million U.S. dollars worth of Treasury bonds, with higher yields of 16.8 percent,…
Rupee supported by drop in US yields, pegged back by risk aversion
By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is expected to have a quiet opening on Thursday, following a selloff in U.S. equities and a further drop in U.S. Treasury yields. Non-deliverable
EUR/GBP sees ten-week lows near 0.8580 as Euro extends declines agaisnt the Pound Sterling
The Euro (EUR) has accelerated declines against the Pound Sterling (GBP) in Friday trading, tumbling out of a near-term descending channel.
PSX soars to new high of 67,756 points fuelled by cyclic sector
Pakistan's stock market scaled a new peak on Wednesday as majority of investors cheered the government's privatisation push amid hopes of a rate cut especially after signs that inflation was finally...
Carmot’s chance of beating the odds in the biotech market just ended
Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning, everyone. Damian
Analyzing economic activity in a growing city: Insights from 19th century Paris
Researchers have just published their findings on the analysis of economic activities over a century of urban growth in the city of Paris.
Home Insurance concept yet to pick up despite repeated floods in Chennai
Chennai has seen two major floods in 8 yrs, yet home insurance uptake low due to lack of awareness. IRDAI launched Bharat Griha Raksha policy from Apr 2021, offering 20% cover for contents. Premiums vary from ₹25-40/lakh/yr, making it affordable. Insurance covers water marks, painting charges.
Food stamps: Direct payments worth up to $1,751 for December to end in Delaware in 15 days
Delaware's Supplemental Nutrition Assistance Program will end its December payments, worth up to $1,751, in 15 days.
Global food production at risk as rising temperatures threaten farmers' physical ability to work, new study finds
The future of global food production is under threat as temperature rises will impact farmers' physical capacity to work, a new study has revealed.
last updated on 6 Nov 16:55