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U.S. posts robust economic growth in Q4 2022 amid rising borrowing costs

U.S. posts robust economic growth in Q4 2022 amid rising borrowing costs

Published Date: 2023-01-27   Author: Pankaj Singh

The U.S. economy reportedly expanded more rapidly than anticipated in Q4, but this likely overstates the country's health considering a measure of domestic demand tha...

North Korea pledges to get its economy on track after COVID disruption

North Korea pledges to get its economy on track after COVID disruption

Published Date: 2023-01-20   Author: Pankaj Singh

North Korea has reportedly committed to revitalizing industrial output and returning the economy to ‘normalcy’ following the disruption created by the COVID-1...

China’s outbound flight bookings remain low after reopening borders

China’s outbound flight bookings remain low after reopening borders

Published Date: 2023-01-13   Author: Pankaj Singh

China's outward airline bookings reportedly remained at only 15% of pre-pandemic numbers in the week following the announcement regarding the reopening of borders, de...

Amazon to lay off 18000 employees over a looming technology downturn

Amazon to lay off 18000 employees over a looming technology downturn

Published Date: 2023-01-06   Author: Pankaj Singh

Amazon, the US-based e-commerce giant, has reportedly planned to lay off more than 18000 staff members, a considerably larger number than previously decided, in the lates...

Private residential prices in Singapore to hike moderately in 2023

Private residential prices in Singapore to hike moderately in 2023

Published Date: 2022-12-30   Author: Pankaj Singh

Private residential prices in Singapore are reportedly expected to rise at a moderate pace in 2023, with the upside constrained by higher cost of borrowing, sluggish grow...

U.K.: Economy plummets by 0.3% than the initially expected 0.2% in Q3 of 2022

U.K.: Economy plummets by 0.3% than the initially expected 0.2% in Q3 of 2022

Published Date: 2022-12-23   Author: Pankaj Singh

The U.K. economy reportedly declined by more than that expected in the third quarter of this year. According to the Office for National Statistics, the nation's gr...

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