WASHINGTON — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence […]
Read moreColorado should regain jobs lost during pandemic by 2022
Colorado should regain the jobs lost during the early months of the pandemic sometime next year, but the state won’t be a leader for its post-pandemic economic recovery, according to […]
Read moreMice sector projected to rebound to pre-pandemic levels by 2023
The business events sector here will rebound to pre-pandemic levels by 2023, according to the industry’s peak body. Saceos – or the Singapore Association for Convention Exhibitions Organisers and Suppliers […]
Read moreShell breaks ground on Asia's largest plastic waste to chemical feedstock plant
SINGAPORE – Shell broke ground on Tuesday (Nov 23) on a new plant on Pulau Bukom that will turn hard-to-recycle plastic waste into a feedstock chemical that can be used to […]
Read moreAre Christmas trees more expensive this year? Experts say yes
HUNTINGTON, N.Y. (AP) — Add Christmas trees to the list of items facing shortages and higher prices this year. Several factors are driving the trend, Newsday reported, including over-the-top sales […]
Read moreSingapore trade not significantly affected by global supply chain disruptions: MAS
SINGAPORE – Singapore’s trade flows, the life and blood of its manufacturing sector, held up relatively well amid the global and regional supply chain disruptions wrought by the pandemic, the […]
Read moreXi Jinping dials back China's economic overhaul as masses feel pain
BEIJING (BLOOMBERG) – Chinese President Xi Jinping took a big gamble shaking up key industries ahead of a political gathering that could decide whether he rules the country indefinitely. Now, […]
Read moreChina coal prices hit record highs, early winter chill adds to energy woes
BEIJING (REUTERS) – China’s energy crisis deepened on Friday (Oct 15) as cold weather swept into much of the country and power plants scrambled to stock up on coal, sending […]
Read moreRPT-UPDATE 1-Short UK bond yields rocket as investors ramp up rate hike bets
(Repeats to additional subscribers) * Natural gas price spikes raise fears of inflation * German-UK bond yield spreads widest since 2016 LONDON, Oct 11 (Reuters) – British government bond yields […]
Read moreRecovery hampered as inflation hits new highs in U.S., Europe
WASHINGTON — Inflation has reached new highs in the United States and Europe as rising energy prices and supply bottlenecks restrain an economic recovery from the pandemic in both economies. […]
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