Germany Nearing Recession, Warns Destatis
Germany’s economy is on the brink of recession as the country’…
World Bank: South Africa's Economy Drains R700bn Every Year Due to Crime
The World Bank’s latest economic update has shed light on the…
Business Investment Feels the 'Chill' of Brexit, According to Bank of England Deputy Governor
The outcome of the Brexit vote and years of political uncertainty it…
World Bank Freezes Liberia's Access to Undrawn Loan Funds
The World Bank has suspended its access to “unwithdrawn loans” in Liberia…
JPMorgan Warns of Risk in Unsecured Loans to Chinese Developers
Any step by China to allow banks to provide unsecured loans to…
Insights from Bank of America: 5 Key Indicators for an Approaching Recession
So far, the US economy has staved off a recession, but Wall…
Canadian Retail Sales Soar with 0.8% Jump, Reflecting Sharp Spending Increase
Canadian consumers splurged in September and October, a surprise resurgence in spending…
Yellen Asserts Significant Headway in U.S. Inflation Reduction Efforts
The US is making “considerable progress” in bringing down inflation, which is…
South Africa's Proposed Stringent Regulations Following Rand-Rigging Probe
South Africa plans to tighten up its regulation of financial markets, after…
The Impact of Asia's Economic Revolution on the Global Stage
The phrase “factory Asia” describes one of history’s most impressive economic…
HSBC Issues Apology After Digital Banking Glitch Locks Out Thousands of UK Customers
Thousands of HSBC (HSBA.L) customers in Britain on Friday reported they…
Barclays Eyes 2,000 Job Cuts in $1.25 Billion Cost-Cutting Strategy: Report
Barclays is working on its cost-saving plans of 1 billion pounds…