GDP
September 26, 2022
25 views 2 mins 0

Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic activity will dent demand for crude. Anderson-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts […]

GDP
April 23, 2020
28 views 3 mins 0

South Korea posts biggest GDP fall since 2008 as pandemic cripples demand

South Korea posts biggest GDP fall since 2008 as pandemic cripples demand

By Administrator_India Capital Sands   The coronavirus pandemic pushed South Korea’s economy into its biggest contraction since 2008 in the first quarter, as self-isolation measures hit consumption and global trade slumped. Finance minister Hong Nam-ki said in a policy meeting Asia’s fourth-largest economy should brace for a bigger shock from the second quarter as demand […]