Amidst the coronavirus scare and the death toll because of the virus rising, the Chinese government has announced reducing import tariffs on 1,717 goods from the United States by 50 per cent. The tariffs were introduced last year during the trade war with the US and they were lifted after the...

Both the United Kingdom and the European Union have said that they are willing to walk away without making any deal than to compromise on issues crucial for them with respect to a post Brexit deal which reflected the stance taken by both the parties about negotiations that are set to be opened...

Inflation in Turkey accelerated in January for the third month in a row, exceeding analysts' expectations. Consumer prices in Turkey rose 12.15% in annual terms in January after rising 11.8% in December 2019, according to the Turkish Statistical Institute. Analysts surveyed by Bloomberg on...

The American economy’s growth rate in 2019 compared to 2018 slowed significantly - to 2.3% from 2.9%. Separately, in the fourth quarter, US GDP growth amounted to 2.1%. At the same time, consumption growth slowed down to 1.8% from 3.2% in the third quarter, capital investment fell again - by 1.5%...

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...