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  • 28, February 2023

    Finland enters recession in Q4 while Swedish GDP dips

    HELSINKI: Finland entered a recession in the final quarter of 2022, while the Swedish economy shrank more than initially estimated, official statistics showed Tuesday.

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  • 28, February 2023

    Twitter cuts more staff as Musk turmoil grows

    SAN FRANCISCO: Reports of more layoffs at Twitter landed on Monday as owner Elon Musk waded into a racism controversy that risked pushing advertisers further away from the struggling platform.

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  • 28, February 2023

    Sunak in Northern Ireland to sell breakthrough Brexit deal

    LONDON: British Prime Minister Rishi Sunak visited Northern Ireland on Tuesday to convince pro-UK unionists to back his breakthrough deal with the European Union that overhauls post-Brexit trading rules in the province.

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  • 25, February 2023

    India’s PM calls for World Bank reform at G20 finance meet

    BENGALURU: Indian Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.

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  • 23, February 2023

    Tight financing conditions challenge frontier markets’ credit strength

    WASHINGTON: Recent improvement in financing conditions is positive for many emerging market (EM) issuers, with inflation, yields and spreads all somewhat lower since November 2022.

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  • 23, February 2023

    Hong Kong exchange reports IPO drought in 2022 as profits slide

    HONG KONG: Hong Kong’s stock exchange last year saw the fewest new listings in more than a decade, it said Thursday as the city struggles to emerge from pandemic isolation and kickstart an economic recovery.

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  • 22, February 2023

    Russian oligarchs close to Putin still swerving Western sanctions

    LONDON: Oligarchs reportedly close to Russian President Vladimir Putin who have had bank accounts frozen or property seized after Moscow’s invasion of Ukraine are pushing back against the Western sanctions-or finding ways around them.

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  • 22, February 2023

    Amazon pollution: Stain on Ecuador oil boom

    LAGO AGRIO, Ecuador:  Lago Agrio is where it began in February 1967: Ecuador’s first oil well drilled by the US Texaco-Gulf consortium to ring in an era of black gold for the Ecuadoran Amazon.

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  • 22, February 2023

    Hong Kong unveils $97bn budget

    HONG KONG: Hong Kong’s finance chief unveiled a HK$761 billion ($97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city’s post-COVID recovery.

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