Economics

U.S. Holiday Online Sales Hit Record High

Consumers in the U.S. choose online shopping this holiday season.
Published on December 29, 2019
By Debaleena Bhattacharjee

Trade Talk Deadline With UK May Need Extension, Says EU Commission President von der Leyen

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
Published on December 28, 2019
By Debdutta Ghosh

ECB Unlikely To Bring Interest Rates Into Positive Territory In 2020, Says ECB’s Holzmann

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
Published on December 28, 2019
By Debdutta Ghosh

November Industrial Profits Of Large Companies Of China Rebound

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
Published on December 27, 2019
By Debdutta Ghosh

Russian Government Turns To NWF For Buying Sberbank Stake From The Central Bank

Multiple sources report that the Russian government is in discussion about purchasing the Sberbank stake from the Central Bank.
Published on December 27, 2019
By Debaleena Bhattacharjee

Slowing Indian Economy Sees Indian IPOs Dropping To Four-Year Low

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
Published on December 26, 2019
By Debdutta Ghosh

Aging populations and trade wars hit South Korean households

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…
Published on December 26, 2019
By Iris Barker

19 All Time Highs Reached At The US Stock Markets In 2019

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
Published on December 23, 2019
By Debdutta Ghosh

Slow Global Demand Hits Japan’s Wider Economy Threatening Abenomics

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
Published on December 23, 2019
By Debdutta Ghosh

Global economic uncertainty hits Swiss watch sales

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…
Published on December 23, 2019
By Iris Barker

US-China Phase One Trade Deal To Be Signed ‘Very Shortly, Says Trump

The United States and China would “very shortly” sign the so-called phase one trade deal, US president Donald Trump announced on Saturday. “We just achieved a breakthrough on the trade
Published on December 23, 2019
By Debdutta Ghosh

Moderate 2.1% Growth Clocked By US Economy In Q3

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
Published on December 20, 2019
By Debdutta Ghosh

Slow 2019 Global ECM Market Propped By Aramco And Alibaba Listings

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
Published on December 20, 2019
By Debdutta Ghosh

S&P expects US corporate sector growth in 2020

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…
Published on December 19, 2019
By Iris Barker

A Temporary Impact Of US Economy Likely Due To Boeing’s 737 Production Halt

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
Published on December 19, 2019
By Debdutta Ghosh

Argentina’s economy shrinks by 1.7% in Q3

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.
Published on December 18, 2019
By Iris Barker

Phase-One US-China Trade Deal ‘Totally Done’, Says US Trade Chief Robert Lighthizer

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
Published on December 16, 2019
By Debdutta Ghosh

Gold cheaper on optimism in US and Chinese trade and statistics from China

The price of gold is falling on Monday morning due to statistics from China and trade optimism, according to trading data.
Published on December 16, 2019
By Iris Barker

US-China Deal: USTR Said $32 Billion In US Farm Goods To Be Bought By China In 2 Years

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
Published on December 15, 2019
By Debdutta Ghosh

Global Stocks Could Outperform The U.S. in 2020

Investors are leaning towards global market which might not be in the favour of the U.S. stock market in 2020.
Published on December 13, 2019
By Debaleena Bhattacharjee

UK Election Over, Banks Plan To Push For New EU Access Plan

Following the resounding election victory of the Conservative Party, banks in the United Kingdom are now developing a set of fresh proposals about the manner in which they should be
Published on December 13, 2019
By Debdutta Ghosh

US To Concede On Tariffs Against China’s Pledge Of $50B Purchase Of US Farm Products

China has agreed to make a pledge to procure more of American farm products in 2020 and in exchange the United States under the Trump administration will roll back some
Published on December 13, 2019
By Debdutta Ghosh

IEA: OPEC+ will not save the market from excess oil

Despite the expansion of the OPEC + deal, the market will face an excess of supply of 700 thousand bpd in the first quarter of next year, the International Energy…
Published on December 13, 2019
By Iris Barker

US Fed ends softening period

According to the results of the December meeting, the US Federal Reserve System (Fed) left the key rate unchanged at 1.5-1.75% per annum. The regulator also signaled completion of a…
Published on December 12, 2019
By Iris Barker

Threatened US Tariffs Will Be Delayed, Expects China: Reports

Several reports quoting source information claimed Chinese officials are expecting that the tariffs on Chinese products as threatened by US President Donald Trump that is scheduled to be imposed from
Published on December 11, 2019
By Debdutta Ghosh

What The U.S.-Mexico-Canada Agreement, Replacing Nafta, Comprises Of

The new name for the now defunct Nafta deal is the US-Mexico-Canada Agreement (USMCA) which now could smooth the trade between the three North American companies, encourage businesses in these
Published on December 11, 2019
By Debdutta Ghosh

Canada accuses Volkswagen of violating environmental law

The Canadian government has accused German carmaker Volkswagen of violating Canadian environmental law on 60 points.
Published on December 10, 2019
By Iris Barker

Saudi Arabia takes on lion’s share of new OPEC+ oil cuts

OPEC + countries agreed to reduce oil production by another 500 thousand barrels per day (bpd) from 2020. At the same time, OPEC leader Saudi Arabia announced its readiness to…
Published on December 9, 2019
By Iris Barker

Developing Countries Wants Tariffs On Digital Import

According to reports quoting trade officials and documents, people could be forced to pay duties on software and movie downloads if, next week, India or South Africa makes good on
Published on December 6, 2019
By Debdutta Ghosh

More Oil Production Cuts Likely By Opec And Allies

One of the biggest oil production cuts this decade is set to be implemented by the oil cartel Organization of the Petroleum Exporting Countries (Opec) and its allies including Russia
Published on December 5, 2019
By Debdutta Ghosh

Coffee prices in November rise record high in anticipation of shortage

Prices for coffee in November jumped to a maximum in the last 12 months, according to a report by the International Coffee Organization (ICO).
Published on December 5, 2019
By Iris Barker

Australia’s GDP slows down in Q3

Australia's economic growth slowed in the third quarter, despite the central bank’s rate cut.
Published on December 4, 2019
By Iris Barker

Tesla To Enter Germany Opening The Door For Others To Follow

Tesla to build its first European factory in Germany.
Published on December 3, 2019
By Debaleena Bhattacharjee

Trump Has No Deadline For China Trade Deal, Says Could Happen After 2020 US Elections

Global markets, investors and companies got a rude shock after United States president Donald Trump said on Tuesday that there was no fixed deadline or time line for a trade
Published on December 3, 2019
By Debdutta Ghosh

Foreign Drug Makers Present Lowest Price Global To Enter Chinese Reimbursement Scheme

In China, drug makers slash price and hope to recover the same in volume while some warn against commotion for the same in other drug markets.
Published on November 30, 2019
By Debaleena Bhattacharjee

China Stresses On Promise To Lower Trade Barriers And Increase Market Access To Foreign Firms

A slowdown in its domestic economy and the hit by the trade war with the United States is forcing China to make concessions to boost the economy. As a part
Published on November 29, 2019
By Debdutta Ghosh

EU To Increase Beef Imports Form Eth EU, But Call For Removal Of US’s Metal Tariff

In a move that is seen to possibly reduce the trade tensions between the European Union and the United States as the lawmakers of the economic block decided to increase
Published on November 29, 2019
By Debdutta Ghosh

Sberbank Enters Into Autonomous Driving Technology

Taking forward, Russia’s digital economic drive, the biggest bank of the country collaborates with Cognitive Technologies.
Published on November 28, 2019
By Debaleena Bhattacharjee

Italian Defence Minister Gives Green Signal For F-35 Phase Two

Italy will continue with “F-35 fighter jets” investment plan, hoping to build on its previous investments and seizing the programme opportunities.
Published on November 28, 2019
By Debaleena Bhattacharjee

Study Finds The U.S. Midwest To Yield Best Benefit From Renewable Plant Installation

Study looks beyond cost benefits and delved deeper in the health benefit of switching to renewable energy.
Published on November 27, 2019
By Debaleena Bhattacharjee

Democrats “Within Range” Rehashed Nafta, Says US House Speaker Pelosi

Democratic lawmakers are “within range of a substantially improved” trade agreement with Canada and Mexico, said the Speaker of the House of the United States Nancy Pelosi on Monday. However
Published on November 26, 2019
By Debdutta Ghosh

Global Times Report Claims US-China ‘Very Close’ To Phase One Trade Deal

A report from Global Times, a tabloid run by China’s the ruling Communist Party’s official People’s Daily, claimed that China and the United States are ‘very close’ to a agreeing
Published on November 26, 2019
By Debdutta Ghosh

Positive Signals On Trade Deal Delivered By Trump And Xi

There was some relief in the global financial markets about rising possibility of the more than one year old trade war between the United and China would ultimately get diffused
Published on November 24, 2019
By Debdutta Ghosh

OECD Issues New Warning On Risks To Global Growth

The threats to the growth of the global economy have increased, said a report by a leading international economic organization. The prospects of global growth have decreased steadily said a
Published on November 22, 2019
By Debdutta Ghosh

China’s Xi Reiterates Urge On Interim Trade Deal With US But Will Fight Back If Needed

While China is eager to arrive at the so called phase one of the trade agreement with the United States, Beijing will not be afraid to fight back is required,
Published on November 22, 2019
By Debdutta Ghosh

Study: Import restrictions restrain GDP growth in G20 countries

The slowdown in the global economy is primarily associated with structural problems, but trade restrictions also lead to lower growth in key markets, OECD experts indicate in a new macroeconomic…
Published on November 22, 2019
By Iris Barker

Efforts Ongoing To Complete Phase One Trade Deal With US, Says China

China attempted to allay fears that the trade negotiations with the United States could be getting off track as the country’s commerce ministry said on Thursday that Beijing will strive
Published on November 21, 2019
By Debdutta Ghosh

California refuses to buy cars made by pro-Trump manufacturers

The governor of California announced that starting next year, authorities will no longer buy cars from General Motors, Toyota and Fiat Chrysler. State authorities attribute this to the fact that…
Published on November 21, 2019
By Iris Barker

Near-Complete Trade Deal In May Could Form Basis For US-China Partial Agreement

The United States and China have now fallen back on the agreement that the two sides almost managed to agree to in May this year for deciding on the amount
Published on November 20, 2019
By Debdutta Ghosh

WTO Trade Barometer shows world trade sinking down

The growth rate of world trade in the IV quarter of 2019 will remain below the trend line. This is evidenced by the World Trade Organization (WTO)’s indicator "Trade barometer".…
Published on November 19, 2019
By Iris Barker