The European Central Bank (ECB) is so intent in breaking inflation, that it risks an economic overkill. Its chief economist Philip Lane said earlier this week that the plan is to continue with steep interest rate rises in the next few months. This follows a 75 basis-point increase to 2.25...
CREDIT Suisse Group has warned that it will book a loss of up to 1.5 billion Swiss francs (S$2.2 billion) for the fourth quarter, and also reported further outflows of wealth management funds amid a slump in client confidence. 
Despite the increasing rental, those staying in co-living spaces said that they are more affordable compared to the open market.
CHINA’S economy will likely grow more than 5 per cent next year should Covid disruptions end and the government roll out more policies to boost confidence and consumption, according to an adviser to the People’s Bank of China (PBOC).
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