Business and Economy

Business and Economy Latest News

Most Asian markets in retreat as US inflation data looms
Most Asian markets in retreat as US inflation data looms
by  AFP

Asian markets mostly fell Monday as investors turn their attention to a key US inflation report later in the week, hoping for a reading that will ease concerns about the Federal Reserve's interest rate plans. Traders have been in retreat over the past week after a string of readings suggested the economy and labour market remained resilient despite more than a year of monetary tightening.

Pause or hike? ECB rate decision on a knife edge
Pause or hike? ECB rate decision on a knife edge
by  AFP

The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.

The worst market crashes
The worst market crashes
by  AFP

Fifteen years ago, on September 15, 2008, the Lehman Brothers investment bank went bankrupt, a victim of the global financial crisis during which stock markets crashed. - 2008: Subprime crisis - The 2008 global financial crisis is caused by bankers in the United States giving subprime mortgages to people on shaky financial footing and then selling them off as investments, fuelling a housing boom.

Energy

Money

Industry

Technology

Economy