economic Archives - Nagaland

Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists 0
- Uncategorized
- February 28, 2023
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of
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IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022 0
- Uncategorized
- February 21, 2023
InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel allowed it to post its best results in three years. The owner of the Crowne Plaza and Holiday Inn hotel chains profited handsomely from consumers putting travel at the top of their list of priorities
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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery 0
- Market
- February 6, 2023
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s call that China will push global crude demand to record highs
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China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey 0

February 3, 2023

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New Year holiday, job openings in the

Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year 0

Economy

January 20, 2023

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost to the Chinese economy from the week-long Lunar New Year holiday,

Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories 0

Market

January 11, 2023

Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect of strong demand this year and as the dollar softened on expectations of slower interest rate hikes. Data from the American Petroleum Institute showed that U.S. crude stockpiles surged by

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