Economists See South Africa Averting Second-Quarter Contraction
South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence.
South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence.
The outlook for Sweden’s residential property market climbed into positive territory for a third consecutive month, according to a survey from the country’s largest bank.
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., said it’s “time to move on” from speculation that there will be a cage fight match between him and Elon Musk.
China’s economic recovery is being weighed down by a worsening property slump, with the latest data likely to show little sign of a rebound in growth.
Japan is preparing for its second typhoon in a week, with airline companies canceling flights and rail operators halting some operations.
Potential strikes at major Australian LNG plants have reignited fears over global gas supplies.
Unmoved by recent signs that inflation pressure is abating, economists continue to predict that the European Central Bank will deliver one final increase in interest rates next month.
A rebound in the dollar has hit the peso harder than most of its peers and the losses may get exacerbated if policymakers at the Philippine central bank hold interest rates this week.
National Investment & Infrastructure Fund’s long-drawn hunt for a new Chief Executive Officer is raising concerns among investors, according to people familiar with the matter, potentially posing a risk to the government’s plans for the business.
The transformation of India into a global economic powerhouse is set to change the world — and we want to show you how, with our upcoming Bloomberg India Edition newsletter.