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Economic News
The Canadian dollar came under renewed selling pressure on Friday, and it didn't abate in Asia or Europe overnight. Friday's pressure stemmed from weaker-than-expected Canadian Retail Sales data which showed a drop of 0.3% in January, rather...
Baystreet.ca, 10:08pm ET



The Scottish economy grew for the eighth consecutive quarter according to official statistics. The latest GDP figures show the Scottish economy grew by 0.3% in the fourth quarter of 2018, higher than the UK rate of 0.2%. Compared to the same...
Euclid Tenders Info, 7:28pm ET

WTI recently hit $60 per barrel for the first time since November, driven higher by the OPEC+ cuts, as well as by outages in Venezuela and Iran. Those supply cuts have been tightening up the market for a while now, but the...
Baystreet.ca, 6:43am ET

Federal Reserve Bank of Chicago president Charles Evans forecasts that US economic growth in 2019 will be within the range of 1.75 per cent to two per cent. Meanwhile, financial markets have priced in a 60 per cent chance that the US Federal...
ABIX, 8:38pm ET

National Close the Gap Day (NCTGD), we celebrate the resilience, innovation and success of our Aboriginal communities. But we also acknowledge that we still have a long way to go in combating Aboriginal disadvantage. NCTGD is a national day of...
Euclid Tenders Info, 6:28pm ET

The United States and Canada yield curve inversion forced indexes down sharply late last week. This indicator suggests that there is a 25-30% chance of a recession in the next 12 months. Major U.S. indexes were down again on Monday, March...
Baystreet.ca, 5:13pm ET

The Scottish economy grew by 0.3% during the fourth quarter of 2018, according to statistics announced by Scotlands Chief Statistician. Change in gross domestic product (GDP) is the main indicator of economic growth in Scotland....
Euclid Tenders Info, 4:23pm ET

Federal Reserve Bank of Chicago president Charles Evans forecasts that US economic growth in 2019 will be within the range of 1.75 per cent to two per cent. Meanwhile, financial markets have priced in a 60 per cent chance that the US Federal...
ABIX, 3:23pm ET

Buoyed by increasing foreign portfolio investments (FPIs) and stability in crude oil price, Nigeria's external reserves has risen to a five-month high of $43.507 billion as of last Thursday, THISDAY has learnt. The reserves rose as the...
All Africa Global Media, 12:43pm ET

IN spite of the two months consecutive decline in inflation rate, improved stability of the exchange rate and decline interest rate on fixed income instruments, the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, is expected...
All Africa Global Media, 12:18pm ET

Drucker, the management guru of those of us enrolled in MBA programmes in the USA in the 1970s and early 1980s left many deep insights for students of Management Studies worldwide. It was almost a crime to be enrolled for MBA and be seen around...
All Africa Global Media, 4:38am ET

Though the nation's economy has recorded moderations on risks, through falling inflation and brighter outlook on capital flight, policymakers, who will resume meetings today, appear not to let go their grips on high interest rates. The...
All Africa Global Media, 3:13am ET

The current inflation rate of 11.31 percent for February 2019 released by the Nigerian Bureau of Statistics (NBS) is not reflective of true economic situation in the country, academics have said. The National Bureau of Statistics (NBS)...
All Africa Global Media, 2:48am ET

The African Development Bank and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The partnership will bring about future collaboration focused on strengthening small to medium...
PR Newswire Africa, 9:53pm ET

Former Chair of Federal Reserve of the United States Janet Yellen said here Monday that the U.S. yield curve inversion did not signal a recession, but there might be a rate cut. Speaking at an investment conference in Hong Kong on...
Xinhua, 8:43pm ET

Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, along with representatives from Travelers United, Americans for Tax Reform and The Global Business Travel Association joined together today at an event in...
PR Newswire, 7:13pm ET

The World Bank has approved a loan worth 200 million U.S. dollars to support micro, small and medium-sized businesses in one of Uzbekistan's densely populated rural areas, the bank said on Monday. According to a statement, the loan will...
Xinhua, 6:23pm ET

Asian markets plunged on Monday after a sharp sell-off on WallStreet fuelled by concerns about the global economy and a possible recession in the United States. There appeared to be very little reaction to news that an...
Euclid Tenders Info, 5:38pm ET

Egypt's central bank is likely to maintain interest rates at its meeting on Thursday, a Reuters poll showed on Monday, although some analysts predicted a cut ahead of expected fuel price increases this summer, Trend reports citing Al Arabiya....
TREND News Agency, 5:23pm ET

Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about US economic growth outlook. In what many see...
Euclid Tenders Info, 4:23pm ET

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