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Browsing Tag

Economy

12913 posts
EEconomy
Hospitality closures up 49%, more than 130,000 people have mortgage over $1m
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Hospitality closures up 49%, more than 130,000 people have mortgage over $1m

  • June 2, 2026
The number of people with a mortgage larger than $1 million has increased 15 percent year-on-year. Photo: RNZ…
EEconomy
A $100 oil shock could expose the South Africa’s biggest economic weakness-S&P warns
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A $100 oil shock could expose the South Africa’s biggest economic weakness-S&P warns

  • June 2, 2026
The warning comes at a delicate moment for Africa’s most industrialised economy. After years of power…
EEconomy
Oil tops $100 as South Africa cuts fuel relief and raises petrol prices
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Oil tops $100 as South Africa cuts fuel relief and raises petrol prices

  • June 2, 2026
From June 3, petrol prices will increase by R1.43 per litre, according to the Department of Mineral…
EEconomy
Zimbabwe’s next billion-dollar gold mine emerges as Dokwe reserves jump 42%
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Zimbabwe’s next billion-dollar gold mine emerges as Dokwe reserves jump 42%

  • June 2, 2026
UK-listed Ariana Resources says ore reserves at its Dokwe Gold Project have surged 42% to 1.13 million…
EEconomy
Manufacturing sector growth hits four-year high
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Manufacturing sector growth hits four-year high

  • June 2, 2026
The country’s manufacturing sector grew at its fastest pace in four years in May as the Middle East…
EEconomy
Why a $4 billion deal in Africa’s third-largest gold producing nation is facing pushback from China
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Why a $4 billion deal in Africa’s third-largest gold producing nation is facing pushback from China

  • June 2, 2026
Beijing’s regulators are casting doubt over a $4 billion Chinese deal to take over a gold mining…
EEconomy
Aerial view of Athens and the Attica basin, showing dense residential areas and roads.
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IMF Warns Empty Homes Are Deepening Greece’s Housing Crisis

  • June 2, 2026
A view of Athens and the wider Attica basin. The IMF warns that empty homes, short-term rentals, and…
EEconomy
Job openings (JOLTS) April 2026
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Job openings (JOLTS) April 2026

  • June 2, 2026
Job openings hit their highest level in nearly two years during April while hiring fell sharply, according to…
EEconomy
CEOs signal layoffs, plummeting confidence as economic outlook darkens in 2026
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CEOs signal layoffs, plummeting confidence as economic outlook darkens in 2026

  • June 2, 2026
JPMorgan Chase CEO Jamie Dimon joins ‘Mornings with Maria’ to discuss the stock market’s powerful rally, inflation risks…
EEconomy
Unemployment falls to lowest since May 2007 as employment hits record high in Spain
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Unemployment falls to lowest since May 2007 as employment hits record high in Spain

  • June 2, 2026
The labour market improved again in May, a month traditionally marked by the start of hiring linked to…
EEconomy
The triumph of capital - by Matthew Yglesias
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The triumph of capital – by Matthew Yglesias

  • June 2, 2026
At the time of publication, Mark Zuckerberg’s net worth was $225 billion. (Photo by Craig T. Fruchtman/Getty Images)…
EEconomy
Buy-to-let lending fell after November budget, says Paragon - thetimes.com
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Buy-to-let lending fell after November budget, says Paragon – thetimes.com

  • June 2, 2026
Buy-to-let lending fell after November budget, says Paragon  thetimes.comParagon Banking H1 profits drop, loan book up  Sharecast.comParagon points to growth…
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