Economy

Impact of the Banking Crisis on Mortgage Rates

Mortgage rates have been fluctuating rapidly since the beginning of the year, leading to uncertainty for prospective homebuyers. Although rates…

3 years ago

Germany Explores Business Opportunities in Philippine Energy Sector

According to the German-Philippine Chamber of Commerce and Industry (GPCCI), German companies engaged in energy efficiency and solar power are…

3 years ago

Tracking Sri Lanka’s Economic Crisis: A Timeline of Events Leading to IMF Bailout

Overview of Sri Lanka's Economic Crisis Sri Lanka has been facing its worst economic crisis in 75 years, marked by…

3 years ago

President Biden Calls for Stronger Accountability Measures for Failed Bank Executives

On Friday, President Joe Biden urged Congress to give regulators the ability to impose harsher penalties on the executives of…

3 years ago

The Rise of Asian Consumers: A Game Changer for the Global Economy

The International Monetary Fund (IMF) has upgraded its estimate for 2023 growth in emerging and developing Asia from 4.9% to…

3 years ago

US Nominates Former Mastercard CEO Ajay Banga to Lead the World Bank

President Joe Biden announced the nomination of former Mastercard CEO Ajay Banga on Thursday to lead the World Bank. Banga's…

3 years ago

Long Time Coming: Much-Delayed Senate Bill Brings A New Dawn To Crypto Industry

A Senate proposal to bring the cryptocurrency industry under federal oversight would be a great victory for the sector, as…

3 years ago

Dubai Grants A Virtual Asset License To Calvin Cheng’s Web3 Company

Calvin Cheng, a Singaporean entrepreneur and investor, has established a non-fungible token (NFT) and fan token investment company in Dubai.…

4 years ago

Saudi Aramco Registers 82% Rise In Quarterly Profits, Thrust By A Rise In Demand And Higher Crude Prices

Oil giant Saudi Aramco, formerly known as Saudi Arabian Oil Co., said Sunday its profits zoomed more than 80% in…

4 years ago

US ‘Decrepit’ Power Infrastructure May Pose A Threat To Energy Transition

A recently published Reuters special report says that the US power infrastructure needs a multi-trillion-dollar overhaul to be able to…

4 years ago