Economics

British retirees are leaving Europe

For decades, the warm sun, low cost of living and good food attracted British retirees to continental Europe. It is difficult to name the exact figure, but the UK Ministry…
Published on December 29, 2017
By Iris Barker

Citi Says In Case Of Bitcoin Tripling In Value, Governments May Start To Act Against It

The peak value of bitcoin could likely be determined by government action against it when prices of the cryptocurrency value triples even though it is difficult to say when and
Published on December 28, 2017
By Debdutta Ghosh

BIS: the QE effect wanes with time

The Bank for International Settlements (BIS) found that the effect of injecting money into the economy through the purchase of securities by central banks is weakening over time, Bloomberg writes.
Published on December 28, 2017
By Iris Barker

U.S. Tax Reforms Expected To Result In A Onetime $1.3 Billion Write Down For Barclays

The tax overhaul by the Trump administration in the U.S. would result in a write down of about 1 billion pounds ($1.34 billion) on the annual profits after tax for
Published on December 27, 2017
By Debdutta Ghosh

China suspended oil supplies to North Korea in November

China did not export petroleum products to North Korea in November, according to Chinese customs officials, probably by trying their best to adhere to the sanctions imposed by the UN…
Published on December 27, 2017
By Iris Barker

The Digital Supply Chain Challenges And Ways To Address Them

Companies that are engaged in the business of retail trading need to make sue the ever-increasing number of online transactions are made faster, are more accurate and secure. And in
Published on December 26, 2017
By Debdutta Ghosh

Bad Stocks This Year Could Turn Into Diamond Next Year

Those stocks that have railed in 2017 as investors rushed to get hold of technology and other stocks that are believed to be high-growth ones, could be the ones that
Published on December 23, 2017
By Debdutta Ghosh

The Governor of BoE Points Out ‘Fundamental Problem’ With Central Banks Issuing Cryptocurrencies For General Public

Carney thinks that pushing crypto-currency for the public use by central banks could risk “financial stability”.
Published on December 22, 2017
By Debaleena Bhattacharjee

Bitcoin Heading For Worst Week Since 2013 As It Falls Below $13,000

After its phenomenal rise to cross the $20,000 mark, cryptocurrency bitcoin lost about a third of its value in just five days as it dived below $13,000 on Friday. This
Published on December 22, 2017
By Debdutta Ghosh

Will OPEC leave the oil freeze agreement?

OPEC has started working on a strategy to exit the deal to reduce production from producers outside the cartel, Reuters reports citing two sources in OPEC.
Published on December 22, 2017
By Iris Barker

IMF Says Economic Indications In UK Show Its Gloomy Brexit Forecast For The Economy Turning True

The International Monetary Fund has said that the warnings of slow growth for UK that it had made before the Brexit referendum are turning out to be true and has
Published on December 21, 2017
By Debdutta Ghosh

Bank of Japan retained economic stimulus

The Bank of Japan did not change the parameters of monetary policy at the final meeting in 2017. The regulator has retained unprecedented incentives, expecting the growth of steadily low…
Published on December 21, 2017
By Iris Barker

The EU Strikes An Investigation Chord Heightening The Trade Tension Between Beijing & Brussels

Excessive subsidiaries received by the Chinese e-bike manufacturers push the EBMA to lodge complaint, whereby adding yet another investigation in the list of investigations carried out by the EU towards…
Published on December 21, 2017
By Debaleena Bhattacharjee

Did financial markets reconcile with Brexit?

The British pound is the most reliable indicator of sentiment towards Brexit. If the news headlines shout about a "hard" exit of the UK from the EU (the creation of…
Published on December 20, 2017
By Iris Barker

Central Bank of Italy: recession and EU regulations caused the banking crisis in Italy

The head of the Bank of Italy, Ignazio Visco, said that the deep recession and EU rules led to recent problems in the banking sector of the country. However, he…
Published on December 19, 2017
By Iris Barker

Canadian oil industry is in distress

Canada's oil sector is in distress. Oil from the oil sands of this country is sold at a discount of $ 27 in relation to the American WTI, and this…
Published on December 18, 2017
By Iris Barker

Bundesbank: There’s no zombie companies in Germany

There is no evidence of an increase in the share of "zombie companies" in Germany, despite the low cost of loans. The loans reduce incentives for banks to stop lending…
Published on December 18, 2017
By Iris Barker

The Global Financial World To Be Impacted By New Regulations Of EU Implementable From January

There would be far reaching consequences for the entire industry from a set of new rules for the financial sector that are to be imposed by the EU in in
Published on December 17, 2017
By Debdutta Ghosh

‘Big Institutional Investors’ Could Be Drawn To The Debut Of The 2nd ‘Bitcoin Futures’

The trading volumes in the crypto-currency market seem to be on the rise, yet the analysts continue to draw our attention to its volatile nature and the underlying “unregulated” cash…
Published on December 17, 2017
By Debaleena Bhattacharjee

JPMorgan: The S&P 500 will grow to 3000 points in 2018

JPMorgan Chase & Co. expects that the "bullish" phase of the market will continue next year. But the growth will relate to the technology sector, writes Bloomberg.
Published on December 15, 2017
By Iris Barker

Bubble in the Swedish real estate market is bursting

Despite the fact that the real estate bubble in Sweden is no longer growing, it is probably the largest bubble in the world. The prices have increased 6-fold since the…
Published on December 15, 2017
By Iris Barker

Impressive Growth And Labour Market Pushes The U.S. Fed To Raise Rates For The Occasion In 2017

An improvement in the U.S. economy and the labor market were the reasons cited by the country’s Federal Reserve for raising of interest rates on Tuesday which was its third
Published on December 15, 2017
By Debdutta Ghosh

Low rates in Japan will harm regional banks

Economists fear that the extremely low interest rates of the Bank of Japan could damage the ability of banks to conduct business if they continue for too long, as the…
Published on December 13, 2017
By Iris Barker

South Korea to limit trade in crypto-currencies

The government of South Korea intends to limit the trade in crypto-currencies, Bloomberg reports citing the department for the coordination of state policy of the country. A temporary working group…
Published on December 13, 2017
By Iris Barker

Goldman believes in commodities

Goldman Sachs Group Inc. predicts that commodities will yield better returns than other assets in the long term, writes Bloomberg.
Published on December 12, 2017
By Iris Barker

Call For Improvement In Cold Chain Systems In Asia-Pacific Given For Improving Industry Output

Calls to seriously consider the present system of Cold Chain practices and make improvement to the entire logistical set up in the Asia Pacific region so that it can be
Published on December 11, 2017
By Debdutta Ghosh

Alarm Bells Around Bitcoin’s Volatility Rings Louder Even As The Cyptocurrency Shoots Past $16,000

Questions about whether bitcoin is in a bubble and is about to burst are being raised after the cryptocurrency surpassed the $16,000 mark as it saw a 67 percent rise
Published on December 10, 2017
By Debdutta Ghosh

Strong PMI Numbers For British Manufacturing And Construction Offset Slight Fall In Services Sector For November

There is potential of the inching up of the British economic growth in the present quarter as is evident from the data showing strong manufacturing sector and construction sector growth
Published on December 7, 2017
By Debdutta Ghosh

Bitcoin jumps over $ 15 thousand

On Thursday, December 7, Bitcoin’s rate updated the maximum, reaching $ 15 thousand. Now the cost of one coin is $ 15,080, according to the data of the Coinmarketcap service.
Published on December 7, 2017
By Iris Barker

Europe becomes the world leader in banking regulation

Europe is becoming the world leader in banking regulation. At least five new sets of rules should soon enter into force in the EU. They will open the banking sector…
Published on December 7, 2017
By Iris Barker

China to become the world’s largest importer

China, which is the world's largest exporter, may become the world's largest importer in the next few years, Bloomberg reports.
Published on December 5, 2017
By Iris Barker

The Riyadh Exchange is switching to Nasdaq technologies

The Saudi Arabia Stock Exchange is hiring a group of American specialists from Nasdaq to replace the 16-year registration, depository and settlement infrastructure, as it is facing problems including the…
Published on December 5, 2017
By Iris Barker

The United States: China is not a market economy

The United States officially announced to the World Trade Organization (WTO) that they oppose giving China the status of a market economy. Such a position will allow Washington to maintain…
Published on December 1, 2017
By Iris Barker

China steps up efforts to attract private investments

China has promulgated guidelines for attracting more private capital to projects in the format of public-private partnership (PPP), Reuters reports.
Published on November 30, 2017
By Iris Barker

OCED Revises Global Economic Growth To 3.6 Percent For 2017

It is expected that the global economy would grow at the rate of 3.7 percent in the year 2018 and for the current year, it is estimated to clock a
Published on November 30, 2017
By Debdutta Ghosh

Goldman Says Indian Bonds Beaten By India’s Stocks Even Though They Are Expensive

While there are predictions that the earnings growth of the Indian stocks to be approaching 20 percent, experts are of the opinion that compared to India’s bonds, it is much
Published on November 29, 2017
By Debdutta Ghosh

Bundesbank Urges Not To Take German Economic Race Lightly

Low interest rates and positive economic environment in German could be taking attention of the “market participants” away from “rising risk”.
Published on November 29, 2017
By Debaleena Bhattacharjee

New head of PDVSA: We will get rid of corruption

The new head of the oil industry of Venezuela, Manuel Quevedo, promised to eradicate corruption in the state oil company PDVSA in his two-minute military speech during his inauguration, without…
Published on November 29, 2017
By Iris Barker

WSJ: Emerging economies lost to developed markets

Over 10 years, the stock markets of developed countries skyrocketed, although their economies were growing extremely slowly because of the consequences of the financial crisis. On the contrary, many developing…
Published on November 28, 2017
By Iris Barker

New Record High Touched By Bitcoin As $10,000 Seems In Sight

In the last three days, bitcoin has gained over a fifth in value and has again touched a new high while seemingly all set to touch the $10,000 (£7,493.59) mark,
Published on November 27, 2017
By Debdutta Ghosh

Report Warns Of Slow Growth And Loss Of Competitiveness For United States And Canada By Scrapping NAFTA

In a sort of the warning to the countries associated with the North American Free Trade Agreement (NAFTA), the Bank of Montreal said on Monday that scrapping of the deal
Published on November 27, 2017
By Debdutta Ghosh

Coinome: The First ‘Crypto-Currency’ Exchange In India Dealing In 20 ‘Mainstream Crypto-Currencies’

BillDesk has launched the first exchange for crypto-currencies in Indian market.
Published on November 27, 2017
By Debaleena Bhattacharjee

Donald Trump: America’s economy is booming

The US economy is booming, despite the ongoing investigation of the "Russian trace", US President Donald Trump wrote on his Twitter page.
Published on November 27, 2017
By Iris Barker

EU Given U.K.’S May Ten Days Ultimatum To Offer A Better Brexit Deal

Britain would end up failing to persuade EU leaders in opening up talks again with the U.K. in December if British Prime Minister Theresa May is not bale to enhance
Published on November 26, 2017
By Debdutta Ghosh

Even As The Inflation Debate Continues, A Likely Rate Hike Is To Be Announced By The U.S. Fed In December

According to the minutes of the U.S. Federal Reserve’s latest monetary policy meeting, despite the fact that there was a division between the Fed officials at eh meeting, the Fed
Published on November 25, 2017
By Debdutta Ghosh

IMF Warns That Big Economic Reforms Are Needed Right Away For Zimbabwe Economy

The International Monetary Fund is of the view that if the Zimbabwe economy wants to obtain international aid and get out of the bad situation, it needs to do something
Published on November 24, 2017
By Debdutta Ghosh

The EU and Britain are preparing to conclude a deal in December

During the visit of Teresa May to Brussels on November 24, the EU negotiators will closely monitor whether she will signal that she is willing to risk the domestic situation…
Published on November 24, 2017
By Iris Barker

Beijing Wants To Intervene In The Rohingya Crisis In Myanmar To Protect Its Investments There

The ongoing ethnic cleansing in Myanmar will be attempted to be halted by the world’s second largest economy. But selflessness is not the driving force behind this as safety and
Published on November 23, 2017
By Debdutta Ghosh

Waiting for the end of the world: Bitcoin vs Gold

The discussion about gold and bitcoin is complex and is still in its infancy, given that humankind has been using gold for 2700 years as money, and bitcoin has been…
Published on November 23, 2017
By Iris Barker

China to ratchet up regulation of the real estate market

China will strengthen financial regulation and take tough measures to combat speculation in the real estate market in order to stabilize prices and prevent the emergence of bubbles, the Central…
Published on November 21, 2017
By Iris Barker