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Economics

  • Increasing geopolitical fragmentation putting energy transition at risk, IMF warns

    October 3, 2023

    Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets. 

  • London business confidence stalls as concerns around inflation remain for firms

    October 3, 2023

    Easing inflation has failed to improve business confidence in London, with just a quarter of firms anticipating the capital's economy to improve over the next year.

  • Aussies hit pause again as global rate hike race appears over

    October 3, 2023

    The Australian Central Bank appears to have brought to an end its aggressive rate hike cycle

  • IMF warns on unsustainable rising debt burden from climate change policies

    October 2, 2023

    Policies to tackle climate change could send debt to unsustainable levels unless governments are able to find new revenue sources, the International Monetary Fund (IMF) warned today.

  • Manufacturing slide continues in wake of market uncertainty

    October 2, 2023

    Rob Dobson, director at S&P Global Market Intelligence, said: “September saw the manufacturing sector still mired in contraction territory, as weak conditions at home and abroad hit new order intakes and led to a further scaling back of production volumes."

  • Should we be paying more attention to the money supply in fight against inflation?

    October 2, 2023

    The surge in inflation over the past few years caught most central banks and many economists by surprise.

  • US Congress averts government shutdown, passing stopgap bill

    October 1, 2023

    The US Congress has managed to avert a government shutdown after it passed a stopgap funding bill late on Saturday, which received overwhelming Democratic support.

  • Rising interest rates weigh on business confidence but glimmers of hope remain

    October 1, 2023

    Business confidence remained subdued in September as the impact of rising interest rates weighed heavily on economic activity.

  • China: Manufacturing activity returns to expansion amid hopes economy is stabilising

    September 30, 2023

    China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.

  • US government shutdown imminent after Republicans reject own funding bill

    September 30, 2023

    Hardline Republicans in the US House of Representatives on Friday rejected a bill proposed by their leader to temporarily fund the government, making it all but certain that federal agencies will partially shut down beginning on Sunday.

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