UK Economy Falls By 0.3 Pct In Q4 2023
The gross domestic product (GDP) of the United Kingdom (UK) fell by an unrevised 0.3 percent in the last quarter of 2023, data from the Office for National Statistics (ONS) showed on Thursday.
Business - Wanjigihub
Xi calls for more China-US exchanges
The Chinese economy is healthy and sustainable, and China will consistently improve its business environment to provide broader development space for enterprises from various countries, including the United States, President Xi Jinping said on Wednesday.
Read MoreLower-income S’poreans excel in financial planning, APAC millennials most resilient
Singaporeans believe that being wealthy does not equate to having solid financial resilience, as high-income individuals are more likely to exceed their monthly budget than lower-income individuals (19% versus 22%).
Read MoreUS House passes bill that would ban TikTok
The bill received resoundingly bipartisan support, with vote of 352 to 65 in favour. It now heads to the 100-member Senate, where its prospects are less clear. For his part, President Joe Biden has said he would sign the bill into law if it reached his desk.
Read MoreChina warns proposed TikTok ban will 'come back to bite' US
Beijing warned on Wednesday that a proposed ban on Chinese-owned video-sharing app TikTok would "inevitably come back to bite the United States".
Read MoreTop 10 richest countries in Africa in 2024
When you think of the wealthiest countries in Africa, you are probably taking the GDP per capita by country into account. In this article, we list Africa's top 10 richest countries based on GDP per capita, as estimated by the International Monetary Fund (IMF).
Read MoreMalaysia, Singapore agree to jointly develop special economic zone
Malaysia and Singapore agreed on Thursday to jointly develop a special economic zone (SEZ) in the southern Malaysian state of Johor, aiming to attract investments and free up movement of goods and people.
Read MoreWorldcoin expands World ID verifications to Singapore
Worldcoin recently broadened its World ID verification services to Singapore through the Orb hardware device.
Read MoreOPEC+ members have agreed to cut oil output by an additional one million barrels per day
OPEC+ agreed to deepen its production cuts following a slump in crude prices and predictions of a renewed surplus next year.
Read MoreOPEC+ looking at deeper oil cuts ahead of Thursday meeting
OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday.
Read MoreOil spikes as Middle East strife heightens supply concerns
Brent crude futures were up $1.23, or about 1.4%, at$91.13 a barrel at 1326 GMT. West Texas Intermediate crude (WTI) futures were up $1.25, also around 1.4%, at $87.91 a barrel. Both benchmarks gained more than $3 to hit their highest levels in two weeks earlier in the session.
Read MoreIMF Sees China Driving Global Economy
China will likely remain the biggest contributor to global growth this year and next despite recent economic headwinds from the real estate sector, the International Monetary Fund said on Friday.
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