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Singapore economy expands 3.7% in Q1 2022
SINGAPORE: The Singapore economy grew by 3.7 per cent on a year-on-year basis in the first quarter of 2022, moderating from the 6.1 per cent expansion in the previous quarter, the republic’s Ministry of Trade and Industry (MTI) said.
News Analysis: EU inflation pushed by Ukraine crisis set to persist
ROME, May 12 (Xinhua) -- The economies of Europe are facing an increased risk of stagnation caused by the impact of the ongoing conflict between Russia and Ukraine, analysts have said.
Central bank policies to drive global financial markets
AFTER struggling with Covid-19, some economies are now facing higher inflation level due to excessive demand that was unmatched by underwhelming supply.
Is stagflation for real?
OMICRON is the fifth and latest Covid-19 variant of concern today. Three doses of a vaccine (or two doses plus immunity gained from infection) may produce sufficient antibodies to quash this unwelcome viral newcomer.
Europe firmly on recovery path
AMID a painful energy crisis that could spell an expensive winter, Europe is bracing for a resurgence of Covid-19 infections.
Sharp slowdown in eurozone
EUROZONE businesses are reporting a sharp slowdown in activity caused by an aggravating global supply squeeze that is also producing record inflation.
ECB to slow crisis stimulus pace, says Lagarde
THE European Central Bank (ECB) will slow the pace of its pandemic bond-buying programme in the final quarter of 2021, a shift president Christine Lagarde insists isn’t a move heralding a wind-down in stimulus for the eurozone’s still-vulnerable recovery.
ECB to decide on dialling down crisis stimulus
BRUSSELS: The European Central Bank (ECB) will decide this week if it should dare to dial down emergency stimulus while the pandemic still menaces the eurozone economy.
