GDP

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Recession fears creep into ECB thinking at summer conference

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital…

3 years ago

S&P, Dow futures edge higher ahead of GDP data; Nvidia slides

Futures tracking the Dow and S&P 500 rose on Thursday, ahead of data that will likely offer clues on how…

4 years ago

Analysis: Russia’s economic defences likely to crumble over time under sanctions onslaught

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is…

4 years ago

Greece’s fledgling tech scene starts to take off

After years in which Greece was almost as well known for its financial woes as it was for its beaches,…

4 years ago

The global economy is in the process of reformation!

After the massive Covid-19 situation, the global economy is returning to normal. The majority of countries are heading to the…

4 years ago

S.Korea’s GDP growth climbs to 11-year high, but recovery uneven

South Korea's economy expanded at the fastest pace in 11 years in 2021 helped by a jump in exports and…

4 years ago

German economy grew 2.7% in 2021 after plunge of 4.6% in 2020

The German economy failed to return to its pre-pandemic size in 2021 as microchip shortages hit production in the car…

4 years ago