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    Russian CB raises key interest rate to 16% to counter inflation

    Russian CB raises key interest rate to 16% to counter inflation

    15 Dec 2023

    Russia’s central bank on Friday raised its key interest rate to 16 per cent, announcing a fifth hike since summer in a bid to fight accelerating inflation. The central bank...

    Saudi Arabia’s business sentiment up as non-oil sector sees job growth

    Saudi Arabia’s business sentiment up as non-oil sector sees job growth

    05 Nov 2023

    Businesses in the Saudi Arabian non-oil economy signalled a notable increase in employment during October, according to the Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI). A stronger rise in...

    Pakistan inflation stays high at 26.9 per cent y-o-y in October

    Pakistan inflation stays high at 26.9 per cent y-o-y in October

    01 Nov 2023

    Pakistan’s consumer inflation in October was 26.9 per cent year-on-year (y-o-y) compared with 31.4 per cent in September, statistics bureau data showed on Wednesday, as it awaits its first review...

    Fed likely to pause again with interest rates at 22-year high

    Fed likely to pause again with interest rates at 22-year high

    29 Oct 2023

    The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks to tackle inflation without damaging the resilient US economy. Analysts...

    Inflation to dog world economy next year

    Inflation to dog world economy next year

    28 Oct 2023

    High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they...

    LinkedIn cuts more than 600 workers, about 3% of workforce

    LinkedIn cuts more than 600 workers, about 3% of workforce

    17 Oct 2023

    LinkedIn said Monday it is laying off hundreds of employees amounting to about 3% of the social media company's workforce. The Microsoft-owned career network is cutting about 668 roles...

    One-third of British shoppers to cut down on Christmas expenses, says PricewaterhouseCoopers

    One-third of British shoppers to cut down on Christmas expenses, says PricewaterhouseCoopers

    17 Oct 2023

    Almost one in three British adults expect to spend less on Christmas this year, with most blaming the rising cost of living, according to survey data published by PwC...

    Weak economy pushes consumers near breaking point

    Weak economy pushes consumers near breaking point

    13 Oct 2023

    E.J. Antoni, The Independent With the appropriations fight in Washington in overdrive, and a barely avoided government shutdown behind it — for now — Congress should be paying attention...

    Global economy is resilient but challenged by weak growth: IMF

    Global economy is resilient but challenged by weak growth: IMF

    06 Oct 2023

    The IMF said the global economy is resilient, but challenged by weak growth and deepening divergence. In its 2023 Annual Meetings Curtain Raiser Speech here today, IMF Managing Director Kristalina...

    India’s RBI holds rates; signals tight policy on inflation worries

    India’s RBI holds rates; signals tight policy on inflation worries

    06 Oct 2023

    The Reserve Bank of India kept its key lending rate steady for a fourth consecutive policy meeting on Friday, as widely expected, but signalled it would keep rates high and...

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