Warning: The rich European Union may end up bulldozing your nearest landa bazaar
Low-income groups in countries like Pakistan rely on famous ‘landa bazaars’
Japan makes strongest intervention warning as yen hits 34-year low
Expert says Tokyo inaction will encourage people to push dollar higher
Wedding is a costly affair. It involves family honour even amid soaring inflation
China, battling low birth rates and high costs, encourages frugal weddings
Australia inflation doesn't see spike despite Taylor Swift effect
Slowing inflation one reason why RBA kept rates unchanged at 4.35pc for a third straight meeting
Domestic consumption should determine crop cultivation: Maryam Nawaz
Orders safety rods on bikes for protection against kite twines
South Korea consumer sentiment drops as food inflation emerges as top election issue
Experts have attributed higher prices of agricultural products in part to poor weather
Consumer stocks rise 18pc in India but are laggards
Wealth concentrated in the richest 1% is at its highest in six decades
Nigeria food banks cut back on handouts as prices soar
Nigeria is grappling with the worst cost of living crisis in decades
Australia to recommend minimum wage rise in line with inflation
Last July, the FWC hiked the minimum wage by 5.75% as costs of living surged
Inflation will be in single digit by end of 2025, claims Rana Tanveer
Only one and a half year is difficult, minister says
High inflation in Turkiye dampens Ramazan's high spirits
The price of olive oil increased by 149 per cent, turning it into a luxury item
UK inflation slows to lowest level in over two years
Economists are forecasting the Fed and European Central Bank will begin cutting rates from June
Number of South Korea marriages edges up in 2023 after 11 years of falls
Most South Koreans cite high housing costs as the biggest hurdle for getting married
State Bank expected to maintain interest rates today
Inflation in Feb was 23.1% against 28.3% in Jan
Pakistan interest rates expected to maintained at a 22pc high on Monday
Stock market has recently suffered losses amid fading hopes of reduction in borrowing costs
Boom times for Myanmar opium farmers as coup chaos bites
The UN office on drugs and crimes Myanmar produced an estimated 1,080 tonnes of opium last year
Germany property crisis will worsen and lead to more losses: Commerzbank
Pfandbriefbank says German office prices could fall further 10pc
IMF praises Pakistan, but wants stricter policies including no cheap gas for fertiliser plants
Visiting team starts final review of current programme, is briefed on govt plans
Stocks slide as market fears sustained interest rates in the coming months
The promises made by newly-appointed finance minister about IMF talks fail to boost confidence
Japan wage hikes: Toyota agrees to highest increase in 25 years
Panasonic, Nippon Steel also respond in full to the union demands
Aurangzeb is aiming at expanded long-term deal as IMF team arrives for last SBA review
Talks about boosting tax collection and expediting privatisation
Elevated food prices keep India inflation high
Cereal prices rose 7.60pc higher year-on-year in Feb compared to 7.83pc in the previous month
Declining property prices - 30pc of European office space may be 'obsolete': LaSalle
Says everyone has to accept the fact that pricing is down 30pc to 40pc
Cost of living crisis: Sports and music lessons for Chinese children in sharp decline
Chinese companies have lost business due to trade tensions with the West
KSE-100 Index down 1.45pc amid rising inflation and fading interest rate cut hopes
Market is in dire need of some catalyst to kickstart a crippled economy
Aurangzeb advocates new IMF deal as energy tariff hikes keep fuelling inflation
Release of $1.1bn under current arrangement is his first priority
Minister doesn't see South Korea home prices booming in future amid aging population
South Koreans cite high housing costs as the biggest reason behind nose-diving births and marriages
Interest rates continue creating fissures between governments and central banks
Brazil President Lula says central bank chief’s ‘stubbornness’ sole reason behind high rates
The $7.3tr Biden budget is campaign pitch for spending, tax goals
Proposed budget would raise tax receipts by $4.951 trillion over 10 years
Punjab govt approves environment-friendly urban bus project
Meeting also approves electric bike plan which will be launched on May 9
A familiar story: Currency devaluation, subsidy cuts worsen Nigeria cost of living crisis
A basket of tomatoes now costs 55,000 naira – about double the national minimum wage
A welcoming news for Pakistan: Japan weather bureau says 80pc chance El Nino will end in spring
El Nino associated with hot summers, lack of rainfall in South Asia; La Nina is brings the opposite
Egypt urban inflation jumps to 35.7pc in Feb as currency devaluation is expected to inflict more pain
Egypt has also opted for rate hikes by 6pc as it successfully secured an $8 billion deal with IMF
Japan Oct-Dec GDP revised up to slight expansion, economy avoids recession
Japan last week saw inflation-adjusted real wages in January shrinking for the 22nd month in a row
Shehbaz boosts Ramazan Relief Package to Rs12.5bn amid rising prices
Subsidy on four and ghee stands at Rs77 and Rs70 per kg respectively
Modi cuts LPG price, announces $15bn spending splurge
Modi has made high growth, infrastructure development his key poll plank in his last two tenures
Oil posts nearly 2pc weekly loss as markets weigh Chinese demand
OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts
Cereal prices down, but sugar and meat are up: FAO
Predicts higher wheat production in 2024 by North America, Russia, China, Pakistan, others
Mexican rate cuts loom as inflation maintains downtrend
Mexican rate cuts loom as inflation maintains downtrend
Brazil's public sector gross debt rises in January
Brazil's public sector gross debt rises in January
No marriage, no kids: More Chinese women choosing singledom as economy stutters
China's single population aged over 15 hit a record 239m in 2021
Gold extends rally to hit new record as Powell hints at US rate cut in 2024
Federal Reserve chief to speak again later in the day
Labour group wins big Japan wage hike for some members, talks continue
Real wages fall at slowest pace since Dec 2022; Waning cost-push inflation slows price rise
Egypt secures IMF deal but inflation-hit Egyptians feeling more price pain after currency devaluation
Sisi remains focused on mega-projects as Cairo follows the IMF conditions
Farmers from across India set to join 'Delhi Chalo' march as police arrest dozens
Action delays plan to converge on the capital
Egypt pound nosedives as Cairo goes for free trading, hikes interest rates by 6pc
Currency slides to 45 pounds for a dollar from previous level of 30 as govt meets key IMF demand
China price war: BYD makes its cheapest electric car cheaper
Chinese automakers are bringing new electric car models in droves to Australia - a friendly market
Australia interest rates: A crawling economy makes the case for slashing borrowing costs stronger
Treasurer Chalmers say balance of risks shifting
'Cost-effective' birds, beetles, bugs could help replace pesticides and increase crop yields
The presence of natural predators will reduce the input costs for everyone, including those in Pakis
In Argentina's barrios, rising poverty stalks Milei austerity drive
Argentina poverty rate topped 57 per cent at the start of the year
Rising dollar complicates worldwide efforts to fight inflation
US economy propels the world’s top currency as Europe, China and Japan can’t keep pace with it
China development model to be remodelled, as Beijing targets around 5pc economic growth
Li Qiang says Beijing will curb overcapacity, defuse property, debt risks
Inflation: Swiss voters back '13th month' pension payment
Proposal to increase retirement age rejected
Indian farmers to march on New Delhi in call for higher crop prices
The protests under the “Delhi Chalo March” began in early February
Pakistan trade deficit registers over 30pc decline in Jul-Feb 2023-24
Exports up 9pc, imports down nearly 12pc
Pakistan inflation sees slowest CPI jump in February since June 2022
The decrease for the second consecutive month is mainly due declining food prices
Australia PM defends action on cost of living amid by-election
Australian households have been under broad financial pressure from high inflation
Inflation: Germany public transport brought to near standstill amid industrial action
Talks between train drivers and Deutsche Bahn also fail
Cubans resigned to rising costs as gas price soars overnight
Cubans resigned to rising costs as gas price soars overnight
Govt plans massive increase in security fee for new power connections
Move to affect domestic, commercial, industrial consumers
Food prices? Australia crop yields, livestock face looming threat of warm and dry autumn
2023 was Australia's eighth-warmest year on record amid climate change
India farmer protest fuels opposition hopes of denting Modi's appeal
Real rural wages grew 1pc in 2023 after contracting nearly 3pc in the previous two years
Sicily drought leads to withering oranges, cows going hungry
The region's agrometeorology service said the second half of 2023 was the driest in over 100 years
South Korea military doctors to reach hospitals boost healthcare system
Move part of the govt measures amid ongoing protest by South Korean trainee doctors
Xian will give lottery tickets to newlyweds in bid to spur China birth rate
China is one of the world's most expensive places to bring up a child
G20 finance ministers have a lot on their plate - from regional conflicts to cost-of-living crisis
G20 accounts for over 80pc of global GDP, three-quarters of trade, two-thirds of world population
Global rich keep luxury property prices rising as Manila, Dubai soar: Knight Frank
Commercial real estate investment tumbled 46pc in 2023 to $698bn
Say cheese: Indian state to inspect global fast-food chains for finding real cheese
Scrutiny of McDonald's sparks wider crackdown which include Burger King, Pizza Hut, Domino's
Ex-cabinet advisor for sustained Japan negative rates, Fed official against pre-emptive cuts
Honda was an architect of the stimulus policy dubbed 'Abenomics
Food may have less influence in India CPI calculation amid spending trend shift
Indian farmers are already protesting and demanding higher prices
Japan inflation slows for third consecutive month to 2pc
Markets expect BOJ to end negative rates in March or April
Smartphone makers bet on AI to boost sales amid high inflation
Global shipments declined 3.2pc to 1.17bn units in 2023 in a second consecutive yearly decline
UK job vacancies fall 15pc year-on-year in January
Previously, Office for National Statistics showed 18pc annual fall for three months to January-end
Qatar gas production increase is coming amid collapsing LNG prices
It says Europe will continue to need gas for a long time, Asian market is driven by population
Young protesters determined to secure India agrarian reforms from Modi govt
One of them says their resolve to bring about the change helps face police every day
India consumer spending: More focus on discretionary items than food
Large parts of the population living in rural areas face stagnant incomes and high inflation
How to provide affordable housing? By imposing up to 20pc property flipping tax
Canada is facing a crisis amid rise in migrants and international students
Dollar index sees first weekly fall this year, yen remains the worst performer
The greenback has risen this year on enduring economic strength
India interest rate impeding growth goals, says committee member
Says the MPC's inflation projections of 4.5pc for 2024-25 do not warrant a repo rate of 6.5pc
Thousands protest as poverty and hunger grows amid Argentina austerity
38,000 meal centres received their last batch of govt supplies in Nov before Milei was inaugurated
Brent down 2pc, WTI falls over 3pc as US rate cut hopes dim
Fed governor sees 'no rush' to slash interest rates
What about rate cuts? WB says emerging economies must grow 'much faster' for debt repayment
The warning comes as the IMF is forcing countries like Pakistan to maintain monetary tightening
Protesting Spanish farmers drive hundreds of tractors to Madrid
Protesting Spanish farmers drive hundreds of tractors to Madrid
Attal promises new price law to appease angry French farmers, thousands protest in Greece
Govt wary of growing support for the far right ahead of European Parliament polls in June
China childcare costs among highest in world, think tank says
An increasing number of Chinese women are opting not to marry and have children
Capacity payments to power producers have doubled when compared with total price
Nepra calls for closing obsolete power plants and increase power consumption
Announcement about deal on govt formation propels Pakistan stocks
KSE-100 Index gains 1.81pc as investor await Islamabad’s future line of action to revive economy
UK baby formula price hikes: Regulator to scrutinise market amid cost of living crisis
CMA Chief Executive Sarah Cardell says cost remained at historically high levels
Electricity prices: CPPA seeks higher fuel cost adjustment for Jan amid stubborn inflation
The amount has been calculated at Rs7.13 per unit which translates into a net hike of Rs2.59
Securing external financing to one of the most urgent issues for next Pakistan govt: Fitch
Says political instability will hamper future deal with IMF amid tougher conditions
China cuts mortgage reference rate more than expected to revive property market
It was the largest cut to the LPR since China revamped its loan pricing mechanism in 2019.
Indian farmers reject support price contract offered by govt
Farm analysts say New Delhi has completely sidestepped the demands
Thailand interest rates conundrum: Economy shrinks, as PM wants cuts but central bank doesn't
GDP fell 0.6pc in the October to December quarter on a seasonally adjusted basis
Indian farmers get govt offer that promises about support prices on corn, cotton, pulses
The farmer unions said they would decide on the proposal within a day or two
Japan ex-bank regulator warns of 'regime change' impact from negative interest rate policy exit
Financial institutions may start competing by offering high return to compete for deposits
China interest rate remains unchanged under shadow of Federal Reserve
The benchmark loan prime rate (LPR) could fall in coming days
Argentina poverty rate hits 20-year high of over 57pc
Last week, Argentina's statistics agency published annual inflation of 254pc
China travel spending during Lunar New Year holidays beats pre-COVID levels
Total reached $87.96bn which represents a 7.7pc increase
Cuba subsidised milk: Govt struggles ensuring supply to children
The government hopes situation will improve in next month
Inflation: Japan fuel subsidies may be extend beyond April, $41bn spent so far
Finance Minister Suzuki says energy prices to determine future course of action
Global warming and inflation: Securing food security is a task that Pakistan cannot ignore
A facility in Singapore produces 20 times more fish per hectare than traditional open-net cage farms
Political instability, rising cost of doing to business drags KSE-100 down by over 1.82pc
Moody’s see very high uncertainty around new IMF deal; Market reacts negatively to gas tariff hike
Argentina inflation: Soup kitchens serving the hungry poor are on brink of collapse
Milei pushed the prices further up through peso devaluation, subsidy cuts, loosening price controls
Interest rates and economic paralysis? Here is a lesson for Pakistan from South Korea
Seoul has prepared a $56.97bn programme to boost investment and support small businesses
Chip shares, weaker yen push Nikkei to fresh 34-year peak
Japan’ benchmark index had climbed to the all-time high of 38,957.44 on Dec 29, 1989
Japan recession makes Germany world's third-biggest economy
GDP fell an annualised 0.4pc in Oct-Dec period after a 3.3pc slump in the previous quarter
UK inflation holds at 4.0pc in relief for Bank of England
Sterling weakened against dollar and euro immediately after the inflation data was published
Looming election puts battered UK markets back in the spotlight
UK national debt is almost 100pc of gross domestic product
Pakistan Stock Exchange celebrates progress in govt formation with over 1.50pc surge
Market has been witnessing downward movement after Feb 8 polls generated a split mandate
Rate cuts not coming soon as US inflation stays elevated
CPI up 3.1pc in Jan, far above the Federal Reserve’s 2pc target
Pakistan stocks turn green after suffering massive early losses amid continued political uncertainty
Share market losses comes as dollar grows stronger globally
Nikkei soars to 34-year high on chip shares, yen gets weaker as no US rate cuts boosts dollar
The Bank of Japan is expected to resist rate hikes
India inflation eases to three-month low but rate cuts aren't expected yet
Food inflation rose 8.30pc in January, compared with a 9.53pc rise in December
Fractured mandate puts stocks at slippery slope, KSE-100 down over 3.50pc
The market was hoping for a strong government which could produce sustained economic policies
Shrinkflation is noticed at last. Sorry! By the US president, not in Pakistan
Biden calls on companies to put a stop to this unethical practice
Germany industrial action: Why Europe's largest economy is being hit by strikes almost every day
The continued price pressure has strained pay talks and led to the number of strikes multiplying
Average gas prices hiked 35.15pc for Sui Northern and 8.57pc in the case of Sui Southern
Move designed to meet an IMF demand
Australia interest rates remained unchanged, central bank warns of possible hike
Inflation down to 4.1pc in Q4 from 7.8pc in late 2022, but it is still well above 2-3pc target band
Turkiye central bank chief quits, citing need to protect her family
President Erdogan has named Deputy Governor Fatih Karahan to take the reins
Power prices: Nepra calculates Dec FCA at Rs4.56 which was Rs4.12 in Nov
Move comes as Pakistan has been witnessing a surge in inflation
India interest rates likely to remain unchanged until mid-year
New Delhi eyes $2.4bn privatisation by March 31
S.Korea inflation softens to six-month low, policymakers remain wary
The consumer price index (CPI) stood 2.8% higher in January than the same month the year before
Pakistan inflation spikes further by 1.8pc in January
Annual rate of inflation touches 28.3 per cent
Confident Modi avoids populist budget, goes for trimming fiscal deficit before elections
Goes for 11pc hike in spending on infrastructure projects; Fuel, fertilizer, food subsidies down 8pc
Finance Division predicts inflation easing in February as govt hikes fuel prices
Says rising food prices and energy tariffs responsible for inflationary pressure
Not a good news as there won't be any US interest rate cuts at least till May
Fed keeps policy rate in 5.25pc-5.50pc range; Fed's Powell says March rate cut unlikely
The hit and miss Modi economics: Higher spending on infrastructure, not enough jobs for millions
The unemployment rate rose to 5.4pc in 2022-23, from 4.9pc in 2013-14
Higher costs of living hit Pakistan election campaigns too
A person selling party flags says the business has been reduced to half when compared with last poll
Pakistan stocks halt slide, rupee stable as dollar is on a high in global currency markets
The world’s top currency is set to make the biggest monthly gain since September
Pakistan interest rates? IMF sees scope for Asia rate cuts
A day earlier, it had slashed growth forecast for Pakistan to 2pc in 2024
World-beating growth? Not for India rural majority
Country’s overall annual growth is expected to be 7.3pc against 1.8pc for farm output
Belgian farmers block roads to Zeebrugge port as French protests spill over
Belgian farmers block roads to Zeebrugge port as French protests spill over
Japan PM vows to do 'everything possible' to boost household income
The biggest mission for my administration is to revive the economy, Kishida says
Pakistan stocks tumble, rupee stays strong amid high interest rates and political uncertainty
One would have to see how the share and currency markets will act in the days leading to Feb 8
KSE-100 Index drops 1.63pc as rate cut hopes fade
The central is expected to retain the interest rates at 22pc
France steps up security as Paris farmers protest looms
Armoured police cars take up position at Rungis market; Protesters say they face unfair competition
Scholz for EU capital markets union, ECB says rate cuts require slower wage growth
Says the single market is far too fragmented, especially when it comes to financial issues
Central bank expected to keep Pakistan interest rates steady
There has been no change since the hike to the current level of 22pc in June
Maryam asks Khyber Pakhtunkhwa to vote carefully to secure the future
Says those who ruled the province for 10 years have petrol bombs in their manifesto
Tokyo core inflation slows below central bank's 2pc target amid falling fuel prices
The BOJ to keep ultra-loose policy until price hike is caused by domestic demand, higher wages
Safe-haven Dubai property market sees more buyers from Pakistan in 2023
Many see signs of fizzling out, but an expert says Dubai will always benefit whenever there is chaos
Argentina's Milei withdraws tax, pension 'reforms' amid strong opposition
The libertarian president is still eyeing dollarisation of economy
Thousands protest against Milei's planned Argentina budget cuts
Protesters bore placards reading "The homeland is not for sale" and "Eating is not a privilege"
India to retain top growing economy title for two more years: Reuters poll
Says govt spending stays strong, inflation unlikely to surge again
Japan wage talks begin as markets bet on bigger hikes
Since last year, a number of major firms had already announced their intention
Sweet sugar among the items to be taxed as govt plans Rs90bn increase in revenue collection this year
Government measures also include gas price hikes
Bright future? Pakistan out-of-school children totalled at 26.2m in 2020-21
Alarming figures are in addition to poor quality of education, lack of human resource development
Pakistan made great progress towards financial stability: Shamshad Akhtar
Foundation has been laid for attracting foreign direct investment, says caretaker finance minister
Rupee grows stronger, but dollar up globally for the week as early rate cut hopes dim
Latest labour market and retail sales data shows US economy’s resilience
Tokyo core inflation seen falling below 2pc for first time in 20 months
Japan's December core inflation was above the Bank of Japan's 2pc target at 2.3pc growth
IMF hails Pakistan energy tariff hikes, says economy is on the right track
Says Islamabad achieved the goals set for July-September quarter
Unchecked ripple effects of devaluation: Argentina may go for further weakening its peso
A 211pc inflation, widening gap between official and parallel exchange rates are the reasons
Hello. Must be tired of a weak rupee. Well, Argentina peso is traded for 1,250 per US dollar
Inflation in the South American nation is over 200pc
Pakistan current account deficit shrinks to $831m in July-Dec 24 against $3.63bn last year
The country records a $397 surplus for December
Pakistan interest rates are biting the businesses. But where there's a will there's a way
South Korea prepares financial package for stock investors, small businesses
What would be your reaction if employer says wage hikes for workers should be above inflation?
Japan's top business lobby calls for large pay raises, as companies have room higher labour costs
China population drops for second year amid very little appetite for marriage and babies
India surpassed became world's most populous nation last year
KSE-100 in red amid election uncertainty, strong dollar as US rate cuts hopes are tempered
Hang Seng drops 2.16pc, Nikkei sheds 0.79pc
PML-N to focus on interest rate cuts, employment generation
A meeting chaired by Nawaz Sharif finalises economic plan
China growth seen slowing to 4.6pc in 2024, low domestic consumption remains challenge
Inflation to be 1.0pc in 2024, 1.6pc in 2025; Benchmark lending rate cut expected in first quarter
Electricity prices: November fuel cost adjustment was Rs4.12, CPPA now wants it at Rs5.62 for Dec
Nepra will conduct a public hearing later this month on 31st to decide the matter
Being rich in resources doesn't mean you have a strong economy
Nigeria inflation rises to more than 27-year high in December
PML-N will resist election delay efforts in Senate, Shehbaz asks people to vote for bright future
Party president calls for unity to provide cheaper energy and eliminate hate
Property prices are down, developers to face a tough 2024
Funding costs rise in Hongkong where house prices expected to continue falling
Five richest men doubled their wealth, five billion people became poorer since 2020: Oxfam
Urges governments urged to rein in 'billionaire class'
Many developing countries going for 'government bonds' option amid falling borrowing costs
Six emerging economies could each issue over $10 bln this year
Food prices pushes India retail inflation to four-month high in December
Pakistan too has been facing food inflation challenge; The problem is far more serious in our case
Dollar is the king: Bearish bets on most Asian currencies edge higher as US rate cut hopes wane
One currency that seems to be charting its own path is the Indian rupee
Govt plans selling shares of profitable state-run enterprises to generate over $1bn
Seven entities from petroleum, power and services sectors are on the list
Japan real wages down for 20th straight month in November
Nominal pay grew 0.2pc in Nov, the slowest in nearly two years, after a 1.5pc increase in October
Nikkei breaches 35,000, as Asia stocks gain ahead of US CPI
Investors have been rethinking just how steep and early the Fed will cut rates
German train drivers start three-day strike to press for pay raise, reduced working hours
Walkout coincides with protests by farmers over withdrawal of subsidy
Australia inflation slows down sharply in Nov, reinforcing view rate-hike cycle is over
Rent inflation jumps to 7.1pc against 6.6 last month, electricity prices rose by 10.7pc annually
Japan's Nikkei hit near 34-year high on tech gain, weaker yen
The S&P 500 and Dow closed lower overnight, but the technology-heavy Nasdaq edged higher
Argentina December inflation highest since 1990 after massive currency devaluation
More price hikes expected this year
Harvest lost as war expands in famine-threatened Sudan
The country was already suffering before the war, with triple-digit inflation
Tired of inflation? Just check Cuba where fuel prices will go up over 500pc
Power and gas tariffs are also increased as govt tries to tackle budget deficit
Tokyo inflation keeps slowing as Japan continues sticking with ultra-loose money policy
So-called 'core core' CPI also slows in December
German farmers block roads across the country against subsidy cuts
Vice chancellor warns of extremist threat; Far-right groups backing protests
Dollar posts weekly gains against rival currencies as US rate cut hopes dwindle
United States created 216,000 new jobs in December, exceeding the forecast of 170,000
Electricity consumers to pay Rs4.11 per unit as fuel cost adjustment for November
Amount will be adjusted in January monthly bills
Pakistan food inflation is going up, so are the food exports
Chicken is available for Rs548 per kg, eggs at Rs380 a dozen
Egypt enters 2024 with more price hikes amid high inflation
People are to pay more for internet and Cairo Metro; Power tariffs will also go up
Argentina to clinch deal on delayed IMF review after devaluing peso from 366 to 800 per dollar
Milei's government is also working on reducing energy and social subsidies
Inflation makes England doctors to go on record-breaking strike
They want 35pc pay raise, govt argues it will cause price hike
Like in Pakistan, the rich in India have more to spend. Hence, sales of SUVs soar
Sales of Indian smaller cars skid in December, even discounted rates didn’t work
Pakistan December inflation up 29.7pc year-on-year
Consumer price index up 0.8pc when compared with previous month
It's really a new year for some as Jan 1 brings minimum wage hike
Per hour salary in New York City and suburbs is now $16 and $15 for the rest of the Empire State
Bank of Korea chief sees warning signs of sustained higher interest rates
South Korea annual consumer inflation eased for a second month in December to 3.2pc
Pay gap widening at an alarming rate: At least bank executives are under scrutiny
Switzerland's financial regulator wants to discuss the ability to claw back bonuses from bankers
Stocks rally over 3.5pc to celebrate the new year as global markets eye rate cuts
Shrugs off political uncertainty related to the polls next month