i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th
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Debt-laden property developer Country
Garden s venture capital arm is looking to sell its
stake in Chinese chipmaker ChangXin Memory Technologies for 2
billion yuan , Bloomberg News reported.
Debt-laden property developer Country
Garden s venture capital arm is looking to sell its
stake in Chinese chipmaker ChangXin Memory Technologies for 2
billion yuan , Bloomberg News reported.