The International Labour Organisation (ILO) said on Wednesday, around 4.8 Million jobs have been lost in Ukraine since the start of the Russian...

Economic Indicators

12 May 2022

ILO: Nearly 5 million Jobs Lost in Ukraine as War Pummels Economy

Official figures showed on Thursday that the Britain's economy shrank by 0.1% in March but expanded by 0.8% in the first quarter of 2022...

Economic Indicators

12 May 2022

UK economy unexpectedly shrinks in March, Expanded 0.8% in Q1

Inflation in the U.S. retreated only slightly during the month of April, falling short of expectations as firmer core CPI persists...

Economic Indicators

11 May 2022

U.S. Inflation Relief for April Fell Short of Expectations because of Robust Core CPI

China’s export growth has decelerated to its lowest in two years with import figures remaining largely unchanged as the country’s restrictions...

Economic Indicators

9 May 2022

China Export Growth Plunges to Two-Year Low as COVID Constraints Impact Factories

The Bank of Japan (BOJ) is expected to announce the highest annual inflation in 30 years later this month when the central bank is due to...

Economic Indicators

15 Apr 2022

Bank of Japan Gears Up to Forecast Highest Inflation in 30 Years

Even as mortgage rates continue to surge in the U.S., prospective homeowners looking to purchase high-priced property are reportedly...

Economic Indicators

13 Apr 2022

Buyers of Expensive Homes Receiving Lower Mortgage Rates in the U.S.

The World Bank has reduced its 2022 financial forecast for East Asia and the Pacific (EAP) region on account of ongoing geopolitical tensions...

Economic Indicators

5 Apr 2022

World Bank Slashes East Asia’s GDP Prediction for 2022 over Ukraine Crisis

In the largest ever heave from its emergency resources, the Biden administration is set to issue as many as 180 million barrels of oil from...

Economic Indicators

31 Mar 2022

Biden to Release 180 Million Barrels of Oil from Emergency Energy Reserves

The U.K.’s economy witnessed a strong rebound in January, surpassing the expectations of economists. As per...

Economic Indicators

11 Mar 2022

ONS: U.K. Economy’s Bounce-back Surpasses Expectations in January

Latest data release of U.S. consumer prices accelerated in February, forcing Americans to work harder to pay for rent, food and gasoline,...

Economic Indicators

11 Mar 2022

U.S. Consumer Prices Surged; Inflation Poised to Accelerate Further

Latest data released shows that China's export growth slowed in the January-February period due to the week-long Lunar New Year holiday...

Economic Indicators

7 Mar 2022

China's Export Growth Slows; Ukraine Crisis Poses Risk for Global Trade

The U.S. Federal Reserve’s Chair Jerome Powell announced on Wednesday that the Fed will begin “carefully” hiking interest rates this...

Economic Indicators

3 Mar 2022

Fed Chief Supports Quarter Point March Rate Increase, Hints at Possible Future Hikes

In his State of the Union speech on Tuesday night, U.S. President Joe Biden addressed rising inflation concerns and listed the several measures that his...

Economic Indicators

2 Mar 2022

Biden Addresses Inflation Concerns, Says ‘Top Priority is Getting Prices under Control’