Business and Economy

Business and Economy Latest News

German economy to nearly flatline this year, think-tanks say
German economy to nearly flatline this year, think-tanks say
by  AFP

The German economy is expected to barely grow this year, leading economic institutes said Wednesday, as weak demand at home and abroad slows the path to recovery. Looking ahead, the institutes expect the recovery to quicken next year as inflation eases further and demand picks up.

Yen hits 34-year low against dollar
Yen hits 34-year low against dollar
by  AFP

The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy. While central banks around the world aggressively hiked rates to tackle soaring inflation, the Bank of Japan stuck to its ultra-loose policies, driving down the yen.

Energy

Money

Industry

Technology

Economy