Showing 51 - 60 of 4,695
Fed likely to pause rate hikes, raise growth forecast
AFP, Published on 20/09/2023
» WASHINGTON - Analysts expect the United States Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.
OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
Scientists warn entire branches of the 'Tree of Life' are going extinct
AFP, Published on 19/09/2023
» WASHINGTON - Humans are driving the loss of entire branches of the "Tree of Life," according to a new study published on Monday which warns of the threat of a sixth mass extinction.
Asian markets join global rally as China data beats forecasts
AFP, Published on 15/09/2023
» HONG KONG - Asian markets rallied Friday as forecast-busting Chinese data boosted hopes the world's number-two economy may be stabilising after an extended slowdown.
Interest rate cliffhanger as ECB mulls hike or pause
AFP, Published on 14/09/2023
» FRANKFURT (GERMANY) - Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.
Chip designer Arm targets $52 bn valuation in year's largest IPO
AFP, Published on 14/09/2023
» WASHINGTON - British chip designer Arm is targeting a valuation of more than $52 billion for its initial public offering (IPO) on the Nasdaq exchange on Thursday, according to a company press release.
Gabon's squandered oil wealth under 55 years of Bongo rule
AFP, Published on 13/09/2023
» PARIS - The toppling of Ali Bongo Ondimba brought the curtain down on 55 years of rule by a family accused of extracting fabulous wealth from Gabon's major oil reserves.
Asian markets swing as crude spike stokes inflation concerns
AFP, Published on 13/09/2023
» HONG KONG - Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the Federal Reserve to lift interest rates again.
Tech stocks struggle ahead of key US inflation data
AFP, Published on 13/09/2023
» NEW YORK - Markets in the United States and Europe closed mostly in the red on a disappointing day for tech stocks, as investors brace for crucial US inflation data and grapple with ongoing concerns about the Chinese economy.
Covid's back: Here's what to know this fall and winter
AFP, Published on 13/09/2023
» WASHINGTON - As colder weather sets in, Covid rates are once more rising across the Northern Hemisphere, with several new variants on the scene.