Unmasking The Future: The Integral Role Of AI In Revolutionizing Hedge Funds
The advent of artificial intelligence, or AI, coupled with Hedge Funds, is a liaison born in the financial heaven. It's ... Read more
UK Economy Unexpectedly Shrinks In March As Recession Risks Loom
The BoE has raised interest rates four times since December, and is likely to increase them further this year to tame in... Read more
UK To Enter Recession This Year, Think-tank NIESR Forecasts
NIESR cut its UK growth forecast for 2022 to 3.5% from 4.8%, and downgraded its 2023 forecast to 0.8% from 1.3% Read more
ARK's Wood Sees Global Recession, Blames Market Selloff On Fed Hike Plan
The benchmark S&P 500 is down approximately 16% for the year to date, near the 20% decline that typically signifies ... Read more
Wall Street Eyes Lower Open After Fed-driven Rally
The tech-heavy Nasdaq has declined 17.1% year-to-date, compared with a 9.8% drop in the S&P 500 and a 6.3% fall in t... Read more
Sri Lankan Tea Pickers' Dreams Shattered By Economic Crisis
The COVID-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of s... Read more
IMF Warns Asia Faces 'stagflationary' Economic Outlook
In its latest forecast issued this month, the IMF said it expects Asia's economy to expand 4.9% this year Read more
Temporary Aid Can Offset Inflation Hit To Families: IMF Official
Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations" Read more
World Bank Planning New $170 Bn Crisis Fund: Malpass
G20 finance ministers will meet on Wednesday on the spring meetings' sidelines. Read more
Sri Lanka Cancels School Exams Due To Shortage Of Printing Paper, Ink
The economic crisis faced by Sri Lanka is only worsening with each passing day, the country has now cancelled school exa... Read more
Fearful Wall Street Awaits Fed's Next Moves On Inflation
The Fed is the world's most influential central bank, and its policies have implications for lending globally. Read more
'Heating Or Eating': Britons Struggle With Rising Costs
The cost of living in Britain is forecast to soar even higher in April Read more
Global Growth Could Slow Sharply Due To Omicron: World Bank
The world's biggest economic powers, the United States and China, have not been spared from the economic impact of Omicr... Read more
In Cuba, Queueing For Hours 'just To Be Able To Eat'
Often, police are at hand to keep order in queues that stretch down several street blocks. Read more
IMF Extends Emergency Funding By 18 Months Due To Covid
The programs have already been extended twice, in September 2020 and again last March. Read more