UK hiring plans hit lowest since early ’21
Hiring plans among British businesses have slipped to their lowest level since the COVID-19 pandemic, with wage…
Browsing Tag
economic slowdown
S&P Global: European sectors show weak growth in May
European sectors showed weak performance in May, with only seven of 19 monitored industries recording business…
Spain’s industrial output slips in April ’25
Spain’s industrial production rose 0.6 per cent in April from a year earlier, official data showed on Wednesday,…
S&P Global: UAE non-oil business growth slows in May ’25
The UAE’s non-oil private sector saw a slowdown in growth during May, with the S&P Global Purchasing Managers’…
OECD warns of global growth slowdown
The OECD forecasts global economic growth to slow to 2.9 per cent in 2025 and 2026, down from 3.3 per cent last…
China’s factory activity shrinks in May – PMI
China’s manufacturing activity contracted in May for the first time in eight months, with the headline seasonally…
S.Korea factory activity contracts again in May – PMI
South Korea’s manufacturing sector shrank for a fourth straight month in May as output and new orders fell more…
China factory activity still contracts – PMI
China's manufacturing activity increased to 49.5 in May from 49.0 in April, remaining below the 50-mark that…
April sees moderate expansion in Greek manufacturing
The Greek manufacturing sector experienced a moderate improvement in April, as indicated by the S&P Global…
UK manufacturing shrinks in April – PMI
The UK manufacturing sector has entered a phase of contraction, with the S&P Global UK Manufacturing PMI…
Private credit funds-banks ties in Europe deepen amid higher default risks
A record 80 per cent of new European private credit funds used bank loans in 2023, known as subscription lines’, to…
US stocks fall as 10-year Treasury yield hits lowest level since 2017
U.S. stocks slipped on Wednesday after a closely watch interest rate drop to its lowest level in more than a year…
Oil rises on US sanctions against Venezuela
Oil crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a step set…
Dow snaps 4-day winning streak as fears of an economic slowdown intensify
U.S. stocks fell on Tuesday, the first trading day of the week, as weak data out of China and lower global growth…
Oil steady on hopes Chinese fiscal stimulus will stem economic slowdown
Oil prices were steady on Wednesday on hopes that increased Chinese spending would stem an economic slowdown that…
US stocks post back-to-back losses for the first time this year on earnings worries
U.S. stocks fell on Monday as the U.S. corporate earnings season kicked off. Concerns over an economic slowdown in…
Asian markets trade higher as investors wait on crucial Brexit vote
Asian markets mostly traded higher Tuesday despite lingering concerns over an economic slowdown in China, which…
Oil slips on supply surge, global market turmoil scares off investors
Oil fell on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for…
Oil opens 2019 with losses on surging supply, signs of economic slowdown
Oil dropped by around one percent in 2019′s first trading on Wednesday, pulled down by surging U.S. output and…
Dow plunges nearly 800 points on rising fears of an economic slowdown
U.S. stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a…
Stocks close lower as GE drops to lowest level since 2011
U.S. stocks fell on Tuesday as shares of General Electric slumped for a second straight day. Concerns about a…
Saudi Arabia to delay energy-subsidy cuts until year-end or early 2018
Saudi Arabia, the biggest Arab economy, will probably delay plans to increase gasoline and other energy prices…
‘Growth returns’ to Scottish economy
The economic slowdown seen in the first quarter of this year is gradually being reversed, according to a survey of…
SFD Egypt Disburses EU’s $50mn Grant for Labor-Intensive Project Next Week
Egypt's Social Fund for Development (SFD) will start disbursing an US$100 million grant from the European Union…
Turkey’s Markets Rebound After Corruption Scandal Sends Lira Down
Turkey’s markets recovered on Monday from a slide that took the country’s currency to new lows as the government…
Syrian Crisis Causes Billions Of Dollars In Losses
Syria has lost up to 30 billions U.S. dollars over the past 18 months due to the damage to infrastructure, costs of…
Lenovo Shares Hit Over 4-Month Low On Concern Over PC Outlook
Shares of Lenovo Group Ltd, the world's No.2 PC maker, fell by more than 6 percent to a more than four-month…