LiveSingapore Core CPI Inflation Rises in August
In August, inflation in Singapore increased more than expected as the island state struggled with expensive commodity imports and increasing food prices. The core consumer...
Category : ECONOMY
Sri Lanka to Begin Debt Restructuring Plan
On Friday, Sri Lankan authorities are going to hold talks with international creditors to begin the process of restructuring billions of dollars of its debt...
Trade of Illicit Consumer Goods Stood at Rs 2,60,094 Crore in FY20
In 2019-20, the sale of illicit consumer goods such as fast-moving consumer products, mobile phones, packaged foods, tobacco products, and alcoholic beverages stood at Rs...
Indian Rupee Falls Below 81 Mark Against US Dollar for First Time
The Indian rupee fell below the 81 mark against the dollar for the first time on Friday, hitting a record low, while the 10-year bond...
Bank of England to Sell 8.7 Billion Pounds of Government Bonds in Q4
On Thursday, the Bank of England said that it would sell around 8.7 billion pounds of government bonds in the fourth and final quarter of...
Norges Bank Raises Interest Rates to 2.25% to Tame Inflation
On Wednesday, Norges Bank raised interest rates again as it looks to keep inflation from becoming entrenched at a high level. The central bank increased...
Rupee Hits Record Low as Dollar Climbs to 20-Year High
The dollar climbed to a fresh two-year high, and the rupee fell to a record low early Thursday after the Federal Reserve raised interest rates...
Canadian Inflation Rate Slows to 7.0%
On Tuesday, Statistics Canada data showed that Canada’s annual inflation rate eased in August, and the index dropped on a month-over-month basis for the first...
Shanghai Unveils $257 Billion in Projects in Infrastructure Push
On Tuesday, Shanghai announced eight infrastructure projects with a total investment of 1.8 trillion yuan (USD 257 billion) after the city was hit hard by...
Ecuador Signs Agreement with China to Restructure Debt
On Monday, the Ecuador government reported that it has agreed to restructure its debt with Chinese banks. This is to provide relief worth some USD...