WTO warns global economy could lose 5% of GDP
The world’s decoupling into two trading blocs could be destructive, according to Ngozi Okonjo-Iweala The global economy is showing signs of fragmentation, which could be “very costly” for all, World…
Wall St eyes higher open as investors await Fed rate verdict, more earnings
Wall Street was poised for a higher open on Monday ahead of a busy week of earnings and interest rate decisions from major central banks including the Federal Reserve, while…
SBP keeps key policy rate unchanged at 22%
In line with the wider market consensus, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) kept the key policy rate unchanged at 22% on Monday. “At…
South Korean steelmakers face longer winter
South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as they are grappling with a triple whammy of the global real estate…
US Fed Interest Rate Decision, Quarterly Earnings, Macroeconomic Data Announcements To Drive Markets This Week: Analysts
Markets this week will be impacted by the upcoming meeting of the US Federal Reserve in the week, global cues, macroeconomic data announcements, and the ongoing quarterly earnings season, analysts…
G-7 nations back strong supply chains for energy and food despite global tensions
TOKYO (AP) — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy…
G-7 nations back strong supply chains for energy and food despite global tensions
TOKYO (AP) — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy…
A cry for gender equality from Iceland
A cry for gender equality from Iceland AHN CHAK-HEE The author is the head of the global cooperation team at the JoongAng Ilbo. On Oct. 24, Iceland, the “country of…