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Economy
Banking instability casts a shadow over rate hike prospects
Banking instability casts a shadow over ECB rate hike prospects
Policymakers at the European Central Bank (ECB) are gathering on Thursday amidst extraordinary…
China plans to reduce financial risks. How will PBOC do it?
China plans to reduce financial risks. How will PBOC do it?
China announced today that it would gradually eliminate high-risk institutions within the country. The…
2023 economic recovery in China
2023 economic recovery in China
China's economic potential advanced in the first two months of 2023 as increased consumption and infrastructure investment led to a…
US CPI soared in February. What is the Fed planning?
US CPI soared in February. What is the Fed planning?
US consumer prices report showed that they increased substantially in February. Rental housing costs remain…
China’s anti-COVID fight and economic recovery
China's anti-COVID fight and economic recovery
The community recently marked three years since the World Health Organization declared the outbreak of the COVID-19…
Numbers about Russia’s economy
Numbers about Russia's economy
Based on the data, Russia's economy is projected to shrink by about 2 percent in 2022 — a low drop that would suggest a mild…
US government might start a new oil project in Alaska
US government might start a new oil project in Alaska
The United States is contemplating a new major project, this time in Alaska. Usually, oil drilling is linked…
South Korea: Industrial output increased by 0.4% in November
South Korea: Industrial output increased by 0.4% in November
On the back of an uptick in auto and machinery production, South Korea's industrial output ended a…
British inflation lowered. Will it remain low?
British inflation lowered. Will it remain low?
Inflation became one of the biggest problems of the post-pandemic world. The global economy suffered greatly due to…
Raising wages for battery manufacturers in Korea
US employees threaten to raise wages for Korean battery manufacturers
Ultium Cells LLC workers, a joint venture between General Motors Co. and LG Energy Solution…
Germany’s Schwedt struggles to compete with Russian oil
Germany's Schwedt struggles to compete with Russian oil
Germany's Schwedt oil refinery reported low earnings, highlighting the difficulties the country…
Climate change might harm the robust U.S. economy
Climate change might harm the robust U.S. economy
Climate change is already greatly affecting the United States. Its impact on the country’s economy and finances…
China will change the economic picture
China will change the economic picture
China now knows that if it continues its growth, it has to do it domestically, which means a change that has not yet taken…
Korea’s central bank issues a warning about Q4 GDP growth
Korea's central bank issues a warning that Q4 GDP growth will likely be negative
Rhee Chang-Yong, the governor of the Bank of Korea (BoK), predicted on Friday that…
China’s moderate approach to the economy
China's moderate approach to the economy
China's leaders have expressed a calm outlook on the country's economic recovery prospects after most COVID-19 restrictions…
Bond yields in the eurozone decreased
Bond yields in the eurozone decreased before Powell’s testimony
Government bond yields in the eurozone decreased on Monday as investor attention switched to the…
China set its growth target lower than expected
China set its growth target lower than expected
The Chinese government announced its new economic growth target for this year. A modest 5% is much lower than…
Is the 2008 financial disaster back in 2023? (or not?)
Is the 2008 financial disaster back in 2023? (or not?)
Introduction
The year is 2023, and we find ourselves pondering whether the ghost of the 2008 financial…
Latin America plans to use solar power’s advantages
Latin America plans to use solar power’s advantages
Countries in Latin America and the Caribbean are already using sun energy successfully. Indeed, they possess the…
Canadian Natural Resources gained less than expected in Q4
Canadian Natural Resources gained less than expected in Q4
Canadian Natural Resources Ltd (CNQ.TO) suffered in the last quarter of 2022. On Thursday, the data…