World Economic Magazine

‘Meme stock’ rally pauses, Redditors focus on biotech stocks

Small-time stock traders turned their attention to the biotech and healthcare sectors on Monday, lifting shares of some by as…

5 years ago

Back to the future: 2020s to echo roaring 20s or inflationary 70s?

The 2020s have only just begun but there is already a rush to draw parallels with the past, prompted by…

5 years ago

Explainer: What’s at stake for markets as U.S. debt ceiling looms

The U.S. debt ceiling comes into effect at the end of July, putting pressure on the Treasury to reduce its…

5 years ago

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

Bitcoin climbed to shy of $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss…

5 years ago

Stocks scale another peak as markets await Fed signal

World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation…

5 years ago

Nigeria’s Twitter ban leaves some businesses in the lurch

Lagos-based entrepreneur Ogechi Egemonu was selling more than 500,000 naira ($1,219) worth of watches, shoes and handbags on Twitter per…

5 years ago

Euro zone at a turning point but too early to debate end of ECB help: Lagarde

The euro zone economy is at a turning point but its recovery must be firm and sustainable before the European…

5 years ago

Virus outbreaks at Thai factories threaten export sector, recovery

A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening…

5 years ago

Saudi first quarter GDP shrinks 3%, hit by oil sector decline

Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a…

5 years ago

EU hires banks for first recovery fund bond – lead managers

The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according…

5 years ago