IBT Staff Reporter

1201-1230 (out of 154944)

Global Growth Headed Down As Inflation Surge To Endure

The global economy is mired in a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation likely over the coming year, according to Reuters polls of hundreds of economists worldwide.

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.

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.

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