Economics

WRAPUP 1-Fed heads for the exits despite Omicron. Who will follow

WRAPUP 1-Fed heads for the exits despite Omicron. Who will follow

  • By Admin --
  • Thursday, 16 Dec, 2021

That could set the stage for a choppy 2022 with a Fed determined to end its asset purchases as fast as possible and kick off interest rates soon after,…

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US consumer price inflation rockets at fastest pace since 1982

US consumer price inflation rockets at fastest pace since 1982

  • By Admin --
  • Saturday, 11 Dec, 2021

Break out the shoulder pads and leg warmers because Americans are in the grips of a 1980s-style inflation flashback.

Consumer prices in the…

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Biden halts US funding for new fossil fuel projects overseas

Biden halts US funding for new fossil fuel projects overseas

  • By Admin --
  • Saturday, 11 Dec, 2021

The administration of United States President Joe Biden has ordered US government agencies to immediately stop financing carbon-intensive fossil fuel…

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US stocks surge as inflation data meets expectations

US stocks surge as inflation data meets expectations

  • By Admin --
  • Saturday, 11 Dec, 2021

Wall Street advanced on Friday and the S&P 500 notched an all-time closing high, as market participants digested an inflation reading that was in line…

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Evergrande default signals volatility but no crash analysts say

Evergrande default signals volatility but no crash analysts say

  • By Admin --
  • Saturday, 11 Dec, 2021

The defaults of Evergrande and Kaisa – two of China’s largest property developers – signal a prolonged period of volatility for China’s…

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Industry body CII suggests investment focus in upcoming budget

Industry body CII suggests investment focus in upcoming budget

  • By Admin --
  • Thursday, 09 Dec, 2021

Industry body, Confederation of Indian Industry or CII has strongly urged the government to continue its investment focus and enhance capital expenditure…

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RBI Governor Shaktikanta Das heads into his second term with increasing pressure to pivot back toward battling inflation and winding down his crisis-era policy settings.

RBI Governor Shaktikanta Das encounters old foes in new term at Indias central bank

  • By Admin --
  • Thursday, 09 Dec, 2021

RBI Governor Shaktikanta Das heads into his second term with increasing pressure to pivot back toward battling inflation and winding down his crisis-era…

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Saudi Aramco BlackRock sign $15.5bn gas pipeline deal

Saudi Aramco BlackRock sign $15.5bn gas pipeline deal

  • By Admin --
  • Wednesday, 08 Dec, 2021

RIYADH: Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real…

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