In an interview to the French daily Les Echos which was published on Friday, European Commission President Ursula von der Leyen said that there could be a possibility of extending of the deadline by the European Union in relation to the negotiations of the new trade relationship with the United...

It is unlikely that the prime benchmark lending rates will be raised back in to the positive territory next year by the European Central Bank, said policymaker Robert Holzmann. He said that investors should not hope for such a surprise form the ECB.   "I do not expect a turnaround in 2020 to...

The National Bureau of Statistics (NBS) of China data showed that in the month of November, the profits of country’s major industrial companies increased by 5.4 per cent year on year. This was a surprise to many because the November growth reversed the 9.89 per cent decline in the same number for...

Multiple sources report that the Russian government is in discussion about purchasing the Sberbank stake from the Central Bank. The government in Russia has decided to turn to the “National Wealth Fund” for purchasing “central bank’s stake in Sberbank”. The information came from a “state banker” as...

A slowing Indian economy caused the Indian initial public offerings in 2019 to fall down to a 4 year low by value. However according to some analysts, it is hoped that the economy and the Indian IPO scenario would be better in 2020 as the reforms announced by the Indian government kick in to show...

The Central Bank of South Korea notes a decrease in the financial stability of households, despite a slowdown in borrowing growth, the Yonhap agency reported citing a regulator report sent to the country's parliament. Unpaid household debt, including credit costs, at the end of September amounted...

Moiré sectors of the Japanese economy are being impacted by the hit to exports from slowing global demand and there is a general slowdown of growth in the economy which has raised the question of whether Japan’s “Abenomics” stimulus program is finally reaching a turning point.   Next year,...

There are many investors who are still trying to understand how the stock market could rise and reach record peaks even when there was a raging trade war going on between the United States and China, the Brexit uncertainty and in the face of possible political uncertainty in the US with the...

The total purchasing power of global consumers now seems to be declining, coinciding with a slowdown in the global economy, which has resulted in a recession in many manufacturing centers around the world. Central banks are worried that slowing production has already affected consumers. In 2019,...