Asia Markets Join Global Stock Plunge
Asian markets plunged on Tuesday as investors dumped stocks following heavy falls in the US in anticipation of higher interest rates. Japan’s Nikkei 225 index suffered its biggest one-day point...
Tag: Economic bubbles
We’re Not In Financial Crisis – GTUC
The Ghana Technology University College (GTUC) has debunked claims that it is in a financial crisis. It said it has for the past 11 months successfully managed its operations and finances to avoid a...
Global Stocks Pressured By Trump Health Care Reform Setback
Global stock markets were pressured Tuesday by worries about President Donald Trump's agenda after a proposed health care reform measure collapsed in Congress, raising concerns about prospects for...
IMF Says Pace of Global Economic Growth Is Picking Up
IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the chief economist The world economy seems to be gaining momentum, according the chief...
Student Debt May Drag On Home Ownership
US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential drag on consumer spending, a senior Federal Reserve policymaker said Monday. The...
Sterling Slips As Brexit Talks Get Green Light, Stocks Advance Before Fed
Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U. S....
World Stocks Lose Momentum After Record-Breaking Week
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in the previous two sessions, as investors looked for clarity on U. S. President Donald...
China New Bank Loans Surge In January To $300 Bn
Chinese bank lending surged in January, the central bank said Tuesday, as concerns grow that a flood of credit is increasing financial risks in the world's second-largest economy. New loans extended...
Stocks Steady, Oil In Flux, Sterling Suffers ‘hard’ Brexit Fears
Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain whether output cuts by some major exporters would be enough to offset increasing...
Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S. interest rates under incoming President Donald Trump will spark capital outflows from...