Economics

PG&E Stock Ratings Downgraded To ‘Junk’ Status By S&P

PG&E Corp was stripped of its investment grade credit rating on Monday by the global ratings agency S&P Global Ratings. The arguments put forward by the ratings agency for lowering
Published on January 8, 2019
By Debdutta Ghosh

China Incentivised To Get Trade Deal Because Of Slowing Economy: Trump

The weakening of the Chinese economy was cited to be the incentive for the country to come to a trade agreement with United States, said the US President Donald Trump
Published on January 7, 2019
By Debdutta Ghosh

US Fed To Be Flexible And Aware Of Risks: Fed Chief Powell

The US Federal Reserve Chairman Jerome Powell tried to assure concerns of investors and the markets by saying that the fed is aware of the risks in the economy and
Published on January 5, 2019
By Debdutta Ghosh

French Corporate Executives Are Under Tax Scrutiny

French government to take “any necessary measures” if the “company heads of companies listed in France” are not found to be “tax residents in France”.
Published on December 31, 2018
By Debaleena Bhattacharjee

Slowing German Inflation Amidst Stimulus Pull Back Of By ECB

The latest figures from German authorities show that there was a sharp decline in December in the annual inflation in the country. The new level; reached was lower than the
Published on December 30, 2018
By Debdutta Ghosh

Cost Of Trade War In Billions For Both U.S. And China In 2018

Industries including autos, technology – and most importantly agriculture, have been hard hit by the U.S.-China trade war which has resulted in losses to both sides worth billions of dollars
Published on December 30, 2018
By Debdutta Ghosh

Austria To Levy Its Own Digital Tax

With the end of Austrian presidency at the bloc coming to an end, the EU failed to decide upon any tax scheme on digital revenues but that did not stop…
Published on December 29, 2018
By Debaleena Bhattacharjee

Vietnam Beats Singapore To Become Largest IPO Market In Southeast Asia In 2018

The position of the leader in Southeast Asia’s top grossing market for initial public offerings in 2018 has been lost by Singapore despite being a major international financial hub. Vietnam
Published on December 28, 2018
By Debdutta Ghosh

Dow Jones shows record one-day growth

The past day has become the best for US stocks in nearly a decade. The Dow Jones Industrial Average Index showed the largest one-day increase in history, reports CNBC.
Published on December 27, 2018
By Iris Barker

US Treasury Sec Gets Vote Of Confidence From Trump, But Not The Fed

United States President Donald Trump showered confidence in Treasury Secretary Steven Mnuchin who has been troubled by a crisis that is a first for him. Trump’s comments were however unable
Published on December 26, 2018
By Debdutta Ghosh

Southeast Asia Set To Benefit From U.S.-China Trade War

The manufacturing, textile, and seafood industries of South East Asia could benefit from the ongoing U.S.-China trade war as companies scourge possible business opportunities in the region. This is one
Published on December 25, 2018
By Debdutta Ghosh

Analysts find main threats for the US economy

Next year, the main threat to the US economy will be a trade war with China, according to economists surveyed by The Wall Street Journal (WSJ). Many of them expect…
Published on December 24, 2018
By Iris Barker

UK economy will cede to India and France in 2019

In 2019, the UK will give up the fifth line in the ranking of the most developed economies to India and France.
Published on December 21, 2018
By Iris Barker

Fed Hikes Rate But Cuts Its 2019 Projection Of Further Hikes

The United State Central Bank – the Federal Reserve, again raised interest rates by a quarter point but also reduced its forecast for more hikes in the future. True to
Published on December 20, 2018
By Debdutta Ghosh

China Fighting Against The Clock In Trade Talks

The trade war with the United States if getting a bit more complicated for China because of a slow growing economy and the government’s approach on economy not being agreed
Published on December 20, 2018
By Debdutta Ghosh

Global investors are getting ready for economic slowdown

Increasingly investors are expecting a slowdown in the global economy. The number of pessimists is now almost equal to their number in October 2008, that is, at the height of…
Published on December 20, 2018
By Iris Barker

Analysts: Probability of recession in the United States reaches the highest level

According to a recent survey among economists and financiers conducted by CNBC and the Federal Reserve System (FRS), the probability of a recession in the United States in the next…
Published on December 20, 2018
By Iris Barker

US-China trade dispute spurs demand for gold

The trade standoff between the United States and China, as well as rhetoric of Fed representatives, has spurred investors to increase share of defensive instruments in their portfolios. The total…
Published on December 18, 2018
By Iris Barker

Brexit concerns put pressure on UK property market

According to leading companies, prices fell to a 6-year low.
Published on December 17, 2018
By Iris Barker

China Announces Suspension Of Additional Tariffs On IS Cars And Parts

Following the agreement of a temporary 90 day truce to the trade war between the United States and China, Beijing has announced suspension of additional tariffs on cars and auto
Published on December 14, 2018
By Debdutta Ghosh

China starts taking revenge for Meng Wanzhou arrest

Beijing has fulfilled the threat of responding to arrest of the Chief Financial Officer of Huawei. Chinese authorities have detained a former Canadian diplomat, who is now involved in politics.
Published on December 14, 2018
By Iris Barker

OECD: Poor people should retire earlier

According to OECD experts, pension systems should take into account differences in the life expectancy of different population groups. Such an approach would increase retirement age for those who expected…
Published on December 13, 2018
By Iris Barker

US Trade Representative States March 1 As The ‘Hard Deadline’ For Trade Deal With China

In a warning of sorts, US Trade Representative Robert Lighthizer has said that new tariffs will be imposed by the Trump administration on Chinese imports into the country if the
Published on December 11, 2018
By Debdutta Ghosh

Why oil production cuts don’t guarantee rise in prices

When a shale revolution took place in the USA a few years ago and American oil companies entered the world market, the oil-producing countries realized that America was serious and…
Published on December 11, 2018
By Iris Barker

Bitcoin’s Value Falls To A 15-Month Low As Its Drop Continues

The drop in the largest crypto currency in the world bitcoin continued unabated as it fell through as much as 11 per cent during last week end. On the overall,
Published on December 10, 2018
By Debdutta Ghosh

US watchdogs warn against risks of Brexit for global markets

Two US regulators called on the UK and the European Union to ensure transparency and stability when the kingdom leaves the bloc in order to minimize negative consequences for financial…
Published on December 7, 2018
By Iris Barker

European venture industry is pleased with its own growth

Innovative technological development is pushing traditional corporations towards venture investment. Europe is experiencing a “tech-hype” and expects to press Silicon Valley. This was discussed at the annual Slush start-up conference…
Published on December 6, 2018
By Iris Barker

BoE’s Mark Carney Says 10% Food Price Rise Possible For “Extreme” Brexit

The Bank of England governor, Mark Carney, has warned that a bad deal for Brexit could result in an increase of between 5 to 10 per cent in food prices
Published on December 5, 2018
By Debdutta Ghosh

EC sets to strengthen positions of the euro

The European Commission has developed a package of measures to increase use of the euro in strategic areas such as energy, commodities, and aircraft manufacturing, the Financial Times reported. It…
Published on December 5, 2018
By Iris Barker

France To ‘Stay The Course’ Of Budget Commitments: Le Maire

Compromising on fuel tax under protests will not affect the budget commitments of France.
Published on December 4, 2018
By Debaleena Bhattacharjee

Skeptics Doubtful, But Washington Sees China Trade Truce As Achievement

There are very little details of the so called 90 day truce in the US-China trade war along with concerns of whether China would ultimately cow down to US trade
Published on December 4, 2018
By Debdutta Ghosh

Saxo Bank: £ 1 will cost $ 1 and IMF will stop measuring GDP in 2019

On Tuesday, December 4, experts and analysts of the Danish Saxo Bank Group presented their traditional “shocking predictions” - unlikely, but nevertheless not entirely impossible events that could have serious…
Published on December 4, 2018
By Iris Barker

China to allow subsidiaries of asset management banks to buy shares

China's banking regulator allowed subsidiaries of local commercial banks specializing in asset management to directly invest in Chinese stocks, reports Reuters.
Published on December 3, 2018
By Iris Barker

What do Italy’s problems mean for investors?

Italians are threatening their neighbors with exit from the euro area. Investing in European assets should be approached with caution.
Published on November 30, 2018
By Iris Barker

Trade tariffs start affecting global trade

The total exports of the G20 countries grew by only 0.3% in the third quarter of 2018, and imports - by 0.7%, according to OECD data. In the second quarter,…
Published on November 30, 2018
By Iris Barker

Italian 2019 Growth Prospect Significantly Slashed By Morgan Stanley

Investment bank Morgan Stanley believes that it would be an uphill task for the anti-establishment government of Italy to achieve the growth rate target for its economy that it has
Published on November 29, 2018
By Debdutta Ghosh

US Markets Rise Over Fed Chair Comments Of Possible Slowing Of Rate Hike

There could be a possible roll back of the strategy of the United States Federal Reserve of continuing with the increase of interest rates in 2019 as indicated by the
Published on November 29, 2018
By Debdutta Ghosh

Revision Of Third-Quarter Growth For US Economy Unchanged

Despite the slowing down of the US economy in the third quarter, analysts feel that the pace of economic growth would be enough for it to achieve the 3 per
Published on November 28, 2018
By Debdutta Ghosh

Banks are worried about GE’s $ 41 bln credit line

So far, the company has borrowed only $ 2 billion, Bloomberg writes.
Published on November 27, 2018
By Iris Barker

A Possible Market Decline Next Year, Says Bank Of America

The Bank of America Merrill Lynch is of the opinion that tightening of credit conditions and slowing down of earnings could result in stocks stall out next year. “We believe
Published on November 26, 2018
By Debdutta Ghosh

US and China raise trade barriers to new heights

The introduction by the US and China of protective duties on mutual deliveries led to a sharp increase in the volume of imports subject to new trade restrictions. In just…
Published on November 23, 2018
By Iris Barker

Investor Worries Over Khashoggi Murder Puts Saudi Arabia’s New Economy At Threat

The economic dream of the Saudi Arabian Crown Prince Mohammed bin Salman for the kingdom of a diversified economy that is not dependent on oil and some of the largest
Published on November 22, 2018
By Debdutta Ghosh

China Again Accused Of Unfair Trade Practices By The US

While the United States president Donald Trump and his Chinese counterpart Xi Jinping are set top seen meet on the sidelines of the G20 summit in Argentina and discuss trade
Published on November 22, 2018
By Debdutta Ghosh

Evicting China From WTO Is A Possibility, Though Least Desired: US Adviser

It is possible that the United States would push for “evicting China” from the World Trade Organisation (WTO), according to media reports quoting one of President Trump’s top economic advisers.
Published on November 21, 2018
By Debdutta Ghosh

European lawyers call to protect whistleblowers

Lawyers insist that this measure will help avoid the scandals associated with money laundering, similar to the history of Danske Bank.
Published on November 21, 2018
By Iris Barker

IMF Says Italy’s Stimulus Agenda ‘Transform A Slowdown Into A Recession’

IMF recommends to cut down on spending and to consider a “modest” financial consolidation.
Published on November 20, 2018
By Debaleena Bhattacharjee

Bitcoin Still Far From Being Considered A Payment Currency

According to data from blockchain researcher Chainalysis, there has been a drastic fall in number of instances of the digital currency bitcoin being used as a means of commercial payments
Published on November 20, 2018
By Debdutta Ghosh

May’s Draft Brexit Deal Is Better Than No Deal, Says Rolls-Royce Chief

The chief of engineering giant Rolls-Royce said that a “practical plan” for Brexit needs to be supported by politicians. Any deal with the European Union was better than a no
Published on November 19, 2018
By Debdutta Ghosh

A Trade Deal With China Is Possible, Believes Trump

It has been just a day that the United States president Donald Trump had expressed his optimism about the US being able to strike a trade deal with China and
Published on November 19, 2018
By Debdutta Ghosh

Rio Tinto: Aluminum reserves will decline sharply in the next 2-3 years

Rio Tinto: Aluminum producers will need to create additional smelting capacity outside of China, as metal reserves will drop sharply in the next 2-3 years, predicts Alf Barrios, head of…
Published on November 19, 2018
By Iris Barker