Learn how a Ghanaian man uses Bank of Ghana Treasury bill rates to compare potential returns on GH₵50,000 over 91 and 364 days, with clear return calculations.
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Business and Economy Latest News
Asian markets mostly up, tracking Wall Street gains
Most Asian markets rose Thursday, tracking a rebound in Europe and New York and following positive remarks from a senior Federal Reserve official that inflation was headed in the right direction. In Tokyo, official data released Thursday showed Germany overtook Japan last year as the world's third-biggest economy, primarily because of a sharp fall in the yen.
Germany overtakes Japan as third-biggest economy
Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade. - Soul-searching - During its boom years of the 1970s and '80s some projected that Japan would become the world's biggest economy.
What is behind the US economy's surprising strength?
The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023. - 'Value of talent' - Low unemployment, wage growth and hiring have underpinned consumers' willingness to spend.
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