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Tag: interest rates

Wales Sees Housing Surge in 2025—But Some Regions Are Falling Behind

Real Estate Wasana Nadeeshani -
(Commonwealth)_ The average house price in Wales has risen by 4% year-on-year, reaching £238,483, according to the latest data...

Revolutionary Labour Migration Policy: How Malta’s Bold Move Could Transform Its Economy!

Pacific Piumi Fernando -
(Commonwealth_Europe) The Labour Party issued a statement highlighting the government’s progress in the public consultation process surrounding the Malta...

Interest Rates, Jobs, and Recession: Why Australia and New Zealand Are on Opposite Paths!

Pacific Piumi Fernando -
Despite experiencing a decline in inflation, Australia and New Zealand find themselves on distinct economic trajectories. While Australia’s economy...

Australia Wants Lower Interest Rates—But Could That Backfire on the Economy?

Pacific Piumi Fernando -
There has been a growing push to persuade the Reserve Bank of Australia (RBA) to reduce interest rates. However,...

Behind the Numbers: Why Canada’s Inflation Fight Isn’t Over Yet

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ Canada’s consumer price index (CPI) rose by 1.8 per cent in December compared to the same month a...

Aussie Dollar Nosedives: What’s Behind the Shocking Drop Below 62 Cents?

Pacific Piumi Fernando -
The Australian dollar has entered the year on a turbulent note, dipping below 62 US cents on Wednesday and...
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The UK Housing Market Bounces Back: Why 2025 Could Be a Game-Changer

Real Estate Wasana Nadeeshani -
(Commonwealth_ The UK housing market has faced a turbulent few years, largely shaped by economic policies and global economic...

Will the CBN’s Rate Hike Derail Nigeria’s Market Rally?

Africa Warsha De Silva -
Africa (Commonwealth Union) _The Nigerian stock market faced a significant setback, shedding N209 billion in market capitalization on Wednesday...

What does HSBC’s first female CFO attribute her success to?

Lady Commonwealth Wasana Nadeeshani -
(Commonwealth_ HSBC has appointed Pam Kaur as its new chief financial officer (CFO), making her the first woman to...

Is Canada’s Wealth Gap the Widest It’s Ever Been? Unpacking the Alarming Income Inequality in 2024

Canada and Caribbean Wasana Nadeeshani -
Commonwealth_ Income inequality in Canada has reached unprecedented levels, with wealth becoming increasingly concentrated in the hands of a...

South Africa’s Central Bank Takes a Cautious Stance on Interest Rates Amid Global Uncertainty

Africa Warsha De Silva -
Africa (Commonwealth Union) _ South Africans had hoped for a significant interest rate reduction, but the Monetary Policy Committee...

Largest UK housing firm plans to reduce home construction

Real Estate Wasana Nadeeshani -
(Commonwealth) _ Barratt Developments, the UK’s largest housebuilder, reported a significant profit drop after completing far fewer homes over...

Emigration surges in New Zealand

Pacific Vinoja De silva -
In a concerning turn of events, New Zealand is experiencing a historic surge in emigration as its economy shows...

India to lower interest rates

Asia Hafsah Zuhar -
Vikas Jain, Head of Fixed Income, Currencies, and Commodities at Bank of America in India, has presented an optimistic...

Canada’s unemployment on route to exceed 7%

Canada and Caribbean Hafsah Zuhar -
Unemployment percentage in Canada is on a route to hit or surpass 7% this year if the Bank of...

Canada lowers interest rates

Commonwealth Business Suraj Atapattu -
Canada (Commonwealth)_The Bank of Canada announced the first rate reduction since March 2020 when it dropped its benchmark interest...

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