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Economic events

Fears of Bleak Economic Future Escalate amid Global Commodities Rout

by Milton Acorn
Fears of Bleak Economic Future Escalate amid Global Commodities Rout

Global commodities have seen a more than 20% slump compared to the same period last year, as reflected by the S&P GSCI Commodities index. Jung Getty | Moment | Getty …

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Categories Science

DBS reveals Singapore’s gig workers as highly impacted by inflation and interest rates

by Adrian Jhonsan
DBS reveals Singapore’s gig workers as highly impacted by inflation and interest rates

A DBS study conducted in May 2023 found that gig workers were the most financially stretched, with relatively less stable income flows and savings declining year on year to an …

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Categories World

Former Israeli Deputy Central Bank Governor Predicts Recession for Israel’s Economy in the Coming Year

by Adrian Jhonsan
Former Israeli Deputy Central Bank Governor Predicts Recession for Israel’s Economy in the Coming Year

Protesters attend a demonstration on Kaplan Street against the Israeli government’s plan to overhaul the justice system on July 11, 2023 in Tel Aviv, Israel. Noam Galai | Getty Images …

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Categories World

Second quarter sees Singapore’s economy grow by 0.7% compared to previous year

by Adrian Jhonsan
Second quarter sees Singapore’s economy grow by 0.7% compared to previous year

Exterior of the Singapore Exchange building. Bryan van der Beek | Bloomberg | Getty Images Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% …

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Categories World

Biden celebrates as inflation cools down

by James Odonell
Biden celebrates as inflation cools down

U.S. U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Tuesday, May 10, 2022. Ting Shen | Bloomberg | Getty Images WASHINGTON — …

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Categories Politics
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