• Chile to stay rates as Inflation recedes

    In a recent survey of economists, all agreed that the board should maintain borrowing costs at 11.25%, the highest level in more than 20 years. Following a tightening cycle of 10.75 percentage points since July…
  • UAE Knowledge-Based Economy

    The United Arab Emirates has grown into a regional superpower in its 51 years of existence. The officials and companies of the United Arab Emirates (UAE) have been spotlighting initiatives to expand the knowledge economy as…
  • U.S. economy grew 2.9% in Q3

    The government said Wednesday that the U.S. economy expanded at a strong 2.9% annual rate from July through September despite high interest rates and persistent inflation. The U.S. economy's overall output of goods and services, or…
  • China’s factory activity hits new lows

    On Wednesday, Asia-Pacific shares were mainly up while the reading for China's November manufacturing activity came in below forecasts and dropped to its lowest level since April 2022. In the last hour of trading, the Hang…
  • SA’s growth pace worries analysts

    Analysts and forecasters at Oxford Economics Africa have posited that South Africa is on course to be the slowest among major African economies in terms of growth in 2023. As revealed in its recently released Africa…