percentage points

Economic Resilience Amidst Oil Output Cuts: GCC Growth Prospects

The Gulf Cooperation Council (GCC) economies faced an intricate economic landscape in the second quarter of 2023, marked by reduced…

2 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Analysis: Massive turnaround for stocks puts traders on alert for more volatility

An eye-popping turnaround in stocks may be less bullish than hoped for, with traders saying short-term hedging activity buoyed equities…

3 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Russian rouble weakens as market takes stock of rate cut

The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank's decision to slash interest rates…

3 years ago