IBT Staff Reporter

1231-1260 (out of 154954)
Office workers eat their lunch at a convenience store in Seoul, South Korea, June 24, 2022.

S.Korean Inflation Expectations Hit 2-decade High

South Koreans' inflation expectations hit their highest in at least 20 years this month and consumer confidence fell to a two-year low, a survey showed on Tuesday, as a central bank board member pointed to risks to economic growth.
A Google sign is pictured outside the Google office in Berlin, Germany, August 31, 2021.

Google Search Ads Beat Targets Despite Global 'Uncertainty'

Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world's biggest seller of online advertising may withstand a global recession better than smaller rivals.
Vehicles are stuck in traffic in the afternoon in Dhaka, Bangladesh, June 8, 2022.

Exclusive-IMF Says Bangladesh Seeks Loan Under Fund's Resilience Trust

Bangladesh asked the International Monetary Fund to start talks on a new loan under the creditor's Resilience and Sustainability Trust (RST), which is designed to help countries ensure sustainable growth, said Krishna Srinivasan, director of the IMF's Asia and Pacific Department, in a Tuesday interview.
A row of houses stand in a newly built subdivision in East Gwillimbury, Ontario, Canada, January 30, 2018.

Bank Of Canada Rate Hikes To Sting Many Home Equity Borrowers

Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values during the pandemic could be hit by the next central bank interest-rate hike, which should double monthly payments from just a few months ago.
Meat is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, U.S., June 13, 2022.

From Burgers To Gadgets, Stressed Consumers Buy Cheap

Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach and cheap burgers, while those with bigger bank accounts are snapping up $3,000 Louis Vuitton handbags.
Meat is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, U.S., June 13, 2022.

From Burgers To Bleach, Stressed Consumers Buy Cheap

Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach and cheap burgers, while those with bigger bank accounts are snapping up $3,000 Louis Vuitton handbags.

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