Tag: economy

Analysts mixed on stock market fall

The Oslo Stock Exchange was battered this week like other stock markets around the world, following Wednesday's dives in the US and Asia. One...

Housing prices are down nationwide

Average prices of both new and used homes fell in Norway last month, another sign that the country's once-red-hot residential real estate market has...

Oslo Stock Exchange tops all the others

The Oslo Stock Exchange (Oslo Børs) has provided better returns for investors this year than any other stock exchange in the world. The small...

Interest rates begin to creep upwards

The executive board of Norway's central bank cautiously raised interest rates on Thursday for the first time in seven-and-a-half years, but not as much...

Employers plan to hire more workers

Employment prospects are looking up again in Norway. A new survey shows that many companies are planning to do more hiring by the end...

Oil industry meets amid new ‘bonanza’

Thousands of oil industry players from all over the world are in Stavanger this week for the latest Offshore Northern Seas (ONS) exposition, and...

Rates kept stable as growth slows

Norway's central bank (Norges Bank) opted against raising interest rates on Thursday, while economists warned of weaker economic growth and "deep concern" about US...

Oil industry faces labour shortage

The rapid recovery of Norway's oil industry is suddenly leaving some offshore oil and oil service companies short of workers. State welfare and employment...

Weaker ‘krone’ due to strengthen

Norway's krone has been losing value against the US dollar during the past week, at odds with predictions earlier this summer. Analysts now blame...

Norway tops new prosperity survey

Norway has done a "remarkable" job converting its national wealth into widespread prosperity for its residents, according to the latest Sustainable Economic Development Assessment...
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