The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and...
Australia’s central bank was slow to respond to mounting inflation pressures post-pandemic and money market pricing suggests it will also trail global peers in...
Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul of the bank, CNBC has learned.
The company decided...
Heading into 2024, analysts say the U.S. recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is...
Multi-trillion dollar non-banking finance saw its first major retreat last year since the global financial crisis in 2009, with the shrinkage due to higher...
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity...
The phrase “factory Asia” describes one of history’s most impressive economic achievements. Over the past half-century Japan, South Korea, Taiwan and, more recently, China...
European Central Bank President Christine Lagarde on Friday said Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the...
Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about...
Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and Suriname among the hardest hit countries, according to the World Bank.
The most...
