Economics

The Purchasing Managers Index (PMI) in China’s manufacturing sector rose from 50.4 points to 51.4 points in August.

The Chinese Ministry of Commerce has confirmed that it has purchased “considerable” quantities of soybeans and pork from the United States before the trade representatives of the two countries are

The Turkish financial authority instructed banks to write off 46 billion liras ($ 8.1 billion) of bad debts by the end of the year, and create reserves to cover losses,…

Bank of Japan board member Takako Masai said the central bank would not hesitate to soften policy if the momentum to achieve a 2% inflation target is lost, Reuters reports.

There would be “catastrophic consequences” is there was no deal to protect trade while the United Kingdom left the European Union, warned the car making industry of Europe. It also

Once again, US President Donald Trump called on the Federal Reserve to lower interest rates below zero, Bloomberg reports.

After a hiatus of almost two months, deputy trade representatives of the United States and China kicked off a fresh round of face to face negotiations on trade in Washington

The U.S.-China trade war slowed the global economy to a minimum of ten years, the Organization for Economic Co-operation and Development (OECD) said, cutting record forecasts for 2019 and 2020.…

The increased cost is forcing Argentine lovers to cut back on the use of contraceptives. According to a report published by the news agency Reuters, pharmacists and manufacturers have said

Following the September meeting, the US Federal Reserve System (the Fed) lowered the key rate by 0.25 percentage points, to 1.75–2% per annum. This rate cut became the second this…

Following the attack on two oil refining facilities in Saudi Arabia which reduced the production capacity of the largest oil producer by almost 50 per cent, there was a surge

Even if there is no global accord on the so-called ‘web tax’, levies on digital companies and services would be imposed by the European Union, said the Commissioner-designate for Economic

Donald Trump has allowed use of oil from the US strategic reserve to support the market. "I allowed use of oil from the reserve in volumes that should be enough…

Additional import tariffs on some agricultural products from the United States will be exempted by China as a part of the grueling trade war between the two countries, claimed a

Head of the European Central Bank (ECB) Mario Draghi announced new monetary easing measures. In particular, the regulator will further reduce the already negative deposit rate, and will resume the…

A significantly large new bond-buying program was announced by the European Central Bank (ECB) on Thursday with the aim of reviving the struggling economy of the euro zone. The central

It is possible that recession could hit the biggest European economy – Germany, in the third quarter, said the Ifo Institute for Economic Research, which has also cut its forecast

The Chinese authorities are stepping up measures to stimulate the economy to prevent the subsidence of business activity due to trade confrontation with the US. The country's Central Bank has…

The spillover benefits of the trade war between the United States and China is likely to result in another growth in the gross domestic product (GDP) of Vietnam which has

According to a study conducted by experts from the IMF and the University of Copenhagen, about $ 15 trillion of foreign direct investment is fictitious, and their only goal is…

A downward revision of business spending because of the United States – China trade war resulted in the Japanese economy growing at a slower than earlier estimated pace. This has

A statement from the Commerce Ministry of China has said that high-level talks on trade between representatives of China and the United States would be held at the beginning of

There has been some degree of controversy surrounding the plans and announcement by Facebook that it would be launching its own crypto currency Libra. While there have been some who

The private placement market is a key source of financing for small companies in China.

Sanctions on Iran by the United States are currently in full swing and have been targeted at the oil, energy, banking, metals and shipping sectors of the country. Ever since

Dollar liquidity is shrinking, which leads to strengthening of the US currency. Besides, it is causing problems in some banks that are short of dollars.

The consumer confidence index in the United States in August 2019 decreased to 89.8 points from the July level of 98.4 points, according to the final data of the University…

While there would not be any delay in the implementation of the tariff increases on Chinese goods – set to take effect from September 1, there would be talks on

In the long run, there can be a backfire of the decision of Japan to curb exports of high-tech materials to South Korea and the country could see it dominating

The global gold industry is being quietly roiled by a forgery crisis. According to recent reports, laundering of smuggled or illegal gold is taking place wherein logos of major refineries

The United Kingdom parliament would be suspended for a month according to a move by the country’s prime minister Boris Johnson. The country is set to exit the European Union

United States president Donald Trump had said, while he announced a new round of import tariffs on Chinese goods last week, that he was willing to sever all ties with

The August agreement between Democrats and Republicans to add up to the US budget borrowing limit will lead to an increase in its deficit to $ 1 trillion as early…

A deal was reached between the United States and France to put an end to their dispute over the 3 per cent technology tax imposed by Paris on large tech

China was actively reaching out to the United States to restart stalled negotiations on trade and to “make a deal” to end the trade war between the countries which is

Gold prices are returning to a six-year high. At the end of last week, they reached the level of $ 1,529.81 per troy ounce. Another round of the trade war…

United Kingdom business would be allowed to continue to keep trading freely with South Korea after the exit of the UK form the European Union as London signed a “continuity”

While saying that the trade negotiation that he had on a bilateral trade agreement with his United States counterpart were “very tough”, the Japanese Economy Minister Toshimitsu Motegi said the

Global inequality is narrowing as emerging economies are catching up with wealthy nations. However, the gap in developed economies continues to widen, says McKinsey Global Institute study for the August…

There was no path out for United States president Donald Trump but to take on China over trade even if that would mean some hit to the American economy in

While stressing “most economists” are not of the opinion that there can be a recession for the United States amidst persistent and growing concerns of a continued slowdown, president Donald

Eurozone GDP growth in the second quarter of 2019 was only 0.2%, doubling twice as compared to January-March, shows data from Eurostat. The EU economy as a whole grew by…

Even zero growth in German exports is a success in the current crisis state of the world economy, experts say. Some say that Germany is on the verge between recession…

United States President Donald Trump is not yet ready to get into a trade agreement with China, he said on Friday, and even questioned the justification of a September round

According to a majority of economists polled by Reuters, the United States has been brought forward to the next recession because of the recent escalation in the US-China trade war.

Despite the effect of US duties, the volume of exports from China in July increased by 3.3% compared to the same period last year (against a decline of 1.3% in…

Cyber attacks had been used by North Korea to steal $2 billion to fund its weapons program, claimed reports citing a leaked report of the United Nations. The report claimed