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Posted 01/02/2023

Fed Likely to Slow Rate Hike to Quarter Point, but Inflation Fight to Continue

Markets have priced in a slower pace of rate hikes from the US Federal...

Posted 27/01/2023

Japan, Netherlands to Join U.S. in China Chip Curbs, Bloomberg Reports

Japan and the Netherlands are reportedly soon to join the United States in imposing...

Posted 26/01/2023

U.S. Economic Growth Beats Expectations in 4Q22 to Expand 2.9%

The U.S. economy expanded faster than expected in the fourth quarter of 2022 as...

Posted 24/01/2023

Ford Plans to Cut 3,200 Jobs in Attempt to Lower Expenses, Workers’ Union Says

Ford Motor Company planned to lay off 3,200 jobs in Europe and move some...

Posted 19/01/2023

US Fed Officials Urge for More Rate Hikes to Keep Up with Inflation

Despite inflation showing signs of having peaked and economic activity weakening, Federal Reserve policymakers...

Posted 19/01/2023

US December Retail Sales Sees Biggest Drop in 12 Months as Consumers Battle Inflation

U.S. retail sales in December saw the worst monthly drop since July 2021 and...

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