UK Unemployment Rate Rises Amidst Record Pay Growth
The latest data from the Office for National Statistics (ONS) reveals that the unemployment level in the UK has experienced…
China stops publishing youth unemployment rate as economic woes mount
China’s soaring levels of youth unemployment have heightened fears the world’s second largest economy is heading for a crippling slowdown.…
China Cuts Rate by Most Since 2020 as Economic Woes Deepen
(Bloomberg) -- China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy…
China’s halts youth jobless data as economy falters, jobless rate ticks higher to 5.3% in.
The National Bureau of Statistics said on Tuesday it would no longer release age group-specific unemployment data starting this month,…
Russia Calls Emergency Key Rate Meeting as Ruble Plunges
(Bloomberg) -- Russia’s central bank called an extraordinary meeting Tuesday after the ruble crashed through the level of 100 to…
Medshield suffers membership losses as inflation, interest rate pain bite
Medical aid provider Medshield Medical Scheme has seen a decline in member numbers, with the strain of slow economic growth…
Stanbic Bank Kenya sets 19 percent interest rate on riskiest borrowers
Capital Markets Stanbic Bank Kenya sets 19 percent interest rate on riskiest borrowers Friday August 11 2023 From left: Stanbic…
How borrowers can survive higher interest rate cycles
Data Hub How borrowers can survive higher interest rate cycles Friday August 11 2023 Interest rate futures can be used…
BOE Unlikely to Pause Rate Hikes Just Yet
September is probably too soon for a pause in the Bank of England’s cycle of raising interest rates, ING economist…
Italy introduces surprise windfall tax on banks’ interest rate profits
The Italian government has introduced a surprise 40% windfall tax on the profits made by banks from high interest rates.Ministers…
