Tag: Inflation

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South Korea announces $15 bln investment in advanced battery technologies

Editors Pick

The Business Files Reporter - April 20, 2023

The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) through 2030 to develop advanced battery...

IMF’s says global economy needs to overcome weak growth, sticky inflation

Editors Pick

The Business Files Reporter - April 13, 2023

International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the global economy has proven remarkably resilient to multiple shocks, but has yet...

Asian shares muted, dollar buoyant on odds of rate rise

Economy

The Business Files Reporter - April 10, 2023

Asian shares inched higher, while the dollar started the week on the front foot after U.S. jobs data pointed to a tight labour market,...

Shares rise, but concern mounts over inflation flare-up

Editors Pick

The Business Files Reporter - April 4, 2023

Global stocks rose in cautious trade on Tuesday as investors grappled with the possibility of a flare-up in inflation due to the OPEC+ group's...

Global central banks keep up inflation fight in March

Business

The Business Files Reporter - April 3, 2023

The pace of interest rate hikes by major developed and emerging market central banks continued at a healthy clip in March though the scale...

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Popular

IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Africa October 18, 2024 0

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Business June 12, 2024 0

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy April 24, 2024 0

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa April 24, 2024 0

Africa's immense economic potential is being undermined by non-transparent...

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