The American economy grew at a moderate annual rate of 2.1 per cent for the third quarter, announced the United States Commerce Department on Friday.   The US economy has recently managed to dispel fears of it going into a recession and after the third quarter results, analysts and...

An otherwise a slow year for equity capital markets (ECM) for 2019 was saved by the giant initial public offerings from Saudi Aramco and Alibaba. The year saw a number of high profile IPOs being shelved – including the WeWork IPO in the United States, and a drop in price of some of the IPOs...

The international rating agency S&P Global Ratings (S&P) expects US corporate sector growth next year, despite continuing risks around trade tensions and uncertainties regarding the US presidential election, the agency said in a release. “Despite the pressure from these constraints, our basic...

Analysts believe that the temporary halt in the production of its 737 Max planes by United States based Boeing will only deal a partial blow to the US economy. This is because currently there is inherent strength in the economy which is on a record expansion path compared to the time when the...

The economy of Argentina in the III quarter fell by 1.7% compared with the same period last year, according to the national statistical agency Indec. The result turned out to be slightly better than the forecast of analysts polled by Reuters, who expected a decline in GDP of about 2% in annual...

In a further relief to the global markets, the United States Trade Representative Robert Lighthizer announced on Sunday that the “phase one” US-China trade deal is “totally done” and added that this interim deal will almost double US exports to China over the next two years.   However, the...

The price of gold is falling on Monday morning due to statistics from China and trade optimism, according to trading data. The price of gold, as the most reliable asset, is falling on Monday amid investors' hopes for a US-Chinese trade dispute. On Sunday, US Trade Representative Robert Lightheiser...

The phase one of the trade agreement between the United States and China will entail a pledge of Beijing procuring $32 billion worth of additional US farm products during the next two years following the signing of the deal, said the US Trade Representative Robert Lighthizer while talking to...

Investors are leaning towards global market which might not be in the favour of the U.S. stock market in 2020. The stock market in the U.S. is enjoying a “record-breaking rally” while sending the “S&P 500 index” to nearly twenty percent high in the year. However, investors seem to be still in...