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Debt ceiling worries start to rattle Wall Street
NEW YORK: The slim-but-growing possibility of a fiscal crisis if Congress doesn’t act on the debt ceiling is getting increasing attention from US investors and is filtering into certain asset prices, though few believe the nation will ultimately default.
Saudi Arabia’s US$20bil megaproject won’t slow
RIYADH: Saudi Arabia is pushing ahead with a US$20bil tourism and culture project in its capital despite the kingdom’s fiscal crisis, counting on a rebound in pent-up consumer spending when the global pandemic abates.
Is the world economy sliding into first recession since 2009?
SINGAPORE: The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors of power.
Fiscal crisis seen as top business risk
WITH many countries facing limitations in monetary easing policies, eyes are turned to large fiscal or government spending to help stimulate rapidly slowing economies.
It’s a decade after recession hit, should we still worry?
What are we to do? - By Lin See-Yan TODAY, Malaysians are happy. Three weeks ago, the unexpected happened at its 14th general election.
Economists think the next US recession could begin in 2020
Majority of forecasters surveyed by WSJ predict the current expansion will end only after setting a record for longevity
The strong global impact of ageing populations and climate change
Issues related to climate change and ageing populations could potentially impact global growth and performance in future decades.
The strong global impact of ageing populations and climate change
Discussions in relation to issues such as cyber attacks, fiscal crisis, water crisis and geopolitical issues are important.
Ireland launches long-awaited AIB IPO in fresh milestone
DUBLIN: Ireland launched its long-awaited initial public offering of state-owned Allied Irish Banks (AIB) on Tuesday, offering a 25 percent stake in what is set to be one of Europe's largest bank listings since the 2008 financial crisis.
Budget squeeze on Saudi's finances
DUBAI: Pressure on Saudi Arabia’s state finances is mounting as oil prices fall but the latest official figures suggest the world’s top crude exporter still has at least several years before it faces a budget crunch.
