The market selldown is despite apparent moves by regulators to curtail selling. Adding to investor worries is the economic impact of the coronavirus. On Monday, with fears over the coronavirus spreading in China, China’s benchmark stock index dropped sharply erasing $420 billion from the market....

Green shoots are in sight for manufacturing activity in the Eurozone in January 2020 – IHS Markitt. According to the results of a survey conducted by IHS Markitt, although factory activity at the Eurozone contracted in January, it did so at its shallowest rate since mid-2019 thus suggesting that...

Market and consumers will be driving trade between China and the U.S. China is set to talk to American companies for increasing the “imports of U.S. goods and products” as per market principles, the said news came from an official. Moreover, the spokesperson of “National Development and Reform...

Activity in real estate markets around the world - from the UK to China and Australia - is slowing, putting pressure on the global economy, which last year showed the weakest growth since the financial crisis, The Wall Street Journal writes. The inflation-adjusted property price index in 23...

American Investment Bank Citigroup Inc. lowered its forecast for the cost of Brent crude oil in the first quarter of 2020 to $54 dollars per barrel from the previously expected $69, Bloomberg writes with reference to the bank. Thus, the forecast decrease was 22%. Citi also lowered its forecast for...

Signals that the 2020 could be a tough year for the oil companies were seen in the quarterly results of the two largest oil producers of the United States - Exxon Mobil Corp and Chevron Corp, both of which reported earnings sharply lower than market estimates. This was blamed on weaker crude oil...

Consumers facing threats while at the gas pump or ATM from skimmers or hidden devices that are created to steal credit card information is nothing new.  However now hackers have gone a bit more hi tech where a more insidious and lucrative method is being used for skimming which has come to be...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), believes that the outbreak of the coronavirus could have a negative impact on the global economy in the first quarter of this year. She has not yet given a further forecast. “Let's just say that in the current quarter...

The rapid spread of the coronavirus in China has forced the Swedish homewares giant IKEA to temporarily close down all of its stores in the country to prevent further spread of the virus, the company announced on Thursday.    A day ago on Wednesday, the biggest furniture retailer of the...