Economics
Why we should forget about shares of American exporters
This year, shares of US companies that receive bulk of their profits outside the country have shown significantly better returns than those of organizations oriented to the domestic market.
Published on August 14, 2017
By Iris Barker
Economics
The 5 biggest misconceptions in the oil market
Companies operating in the Permian basin in the US showed good results in August. This is not surprising, given the fact that this pool, located in Texas and New Mexico,…
Published on August 11, 2017
By Iris Barker
Economics
Is there a worthy alternative to LIBOR?
London Interbank Offered Rate (LIBOR) is published each working day shortly before noon on British time. This is the weighted average rate at which loans are offered to banks in…
Published on August 10, 2017
By Iris Barker
Economics
As Wall Street Cuts Analyst Jobs, Funds Target ‘Unknown’ Stocks
Hot stocks like Google-parent Alphabet Inc and Visa Inc. are being outpaced by shares of industrial products maker Handy & Harman Ltd with a nearly 30-percent gain in 2017. Yet,
Published on August 9, 2017
By Debdutta Ghosh
Economics
World stocks update record high
World stocks update highs on Tuesday, despite weaker than expected data on China's trade, which overshadow prospects for global growth, writes Reuters.
Published on August 8, 2017
By Iris Barker
Economics
What threatens Abenomics?
The Prime Minister of Japan and Head of the Liberal Democratic Party of the country Shinzo Abe found himself in the epicenter of a serious political scandal. There is no…
Published on August 7, 2017
By Iris Barker
Economics
HSBC: de-globalization of the world economy has started
The volumes of foreign sales of large world companies are rapidly declining. Corporate income received abroad in 2016 slid to 44% worldwide, the lowest in 5 years, says HSBC.
Published on August 7, 2017
By Iris Barker
Economics
Moderate Economic Growth Pointed To By U.S. Spending And Factory Data
Setting the stage for a moderate economic expansion in the third quarter, amid a slowdown in new orders and consumer spending barely rose in the prior month, a gauge of
Published on August 2, 2017
By Debdutta Ghosh
Economics
Will strong euro really benefit the European economy?
The euro rate in recent weeks has grown significantly. In relation to the US currency, the European currency reached its highest level from the beginning of 2015 at a low…
Published on August 1, 2017
By Iris Barker
Economics
Mercosur wants to oust Venezuela from the block
Countries of the South American trading block Mercosur may exclude Venezuela from its membership because of elections to the National Constituent Assembly, Paraguayan Foreign Minister Eladio Loizaga said.
Published on July 31, 2017
By Iris Barker
Economics
Swiss banks paid $ 1 billion at low rates
Swiss banks paid 970 million Swiss francs ($ 1 billion) at negative interest rates in the first half of 2017, which is 40% more than in the same period last…
Published on July 31, 2017
By Iris Barker
Economics
U.S. Economic Pickup In Second Quarter Likely Spurred By Consumers And Businesses
The sluggish performance early in the year was temporary could be confirmed in the second quarter as consumers ramped up spending and businesses invested more on equipment and hence the
Published on July 28, 2017
By Debdutta Ghosh
Economics
Worldwide, Stock Markets Feel Ripple Of Amazon’s Wobble
With Asian stocks retreating from recent highs and European tech shares opening sharply lower, an earnings miss by Amazon that hit U.S. technology stocks overnight rippled through into other markets
Published on July 28, 2017
By Debdutta Ghosh
Economics
After Trump Steps Back, Europe Seeks To Set Global Trade Rules
For the European Union, the next best thing could be Donald Trump’s ditching of a U.S.-led trade alliance with Pacific Rim nations even if wasn’t a gift to the EU.
Published on July 27, 2017
By Debdutta Ghosh
Economics
Great Britain to abandon LIBOR by 2021
Use of the London Interbank Offering Rate (LIBOR) will be discontinued by the end of 2021, as regulators and banks in the UK want to replace the rate with a…
Published on July 27, 2017
By Iris Barker
Economics
In Ongoing Post-Brexit Trade Pursuit, UK To Tap Mexico After US
In order to launch discussions for a post-Brexit deal as part of the Britain’s ongoing efforts to secure its trading future outside of the EU, the U.K.’s International Trade Secretary
Published on July 26, 2017
By Debdutta Ghosh
Economics
Sweet Taste For Carrefour, Biotoscana Left By Big Week For Brazil IPOs
As a nascent economic recovery and the passage of key economic reforms helped to lure global investors, the busiest week for initial public offerings in Brazil in four years ended
Published on July 24, 2017
By Debdutta Ghosh
Economics
To Stem Steadiest Fund Outflow Since 2009, S&P 500 Failing To Record Low
There are telltale signs of fading enthusiasm in U.S. stocks which have become increasingly difficult to ignore even as the S&P 500 Index clawed its way to a fresh record
Published on July 24, 2017
By Debdutta Ghosh
Economics
As Athens Considers Return To Bond Market, A Third Of Greeks At Risk Of Poverty
Analysts say that there are many structural problems that have yet to be resolved to make the Greek economy more sustainable even as the government might be preparing to return
Published on July 23, 2017
By Debdutta Ghosh
Economics
In Blow To China’s Buying Spree, U.S. Toughens Stance On Foreign Deals: Reuters
In what is a historically high number that bodes poorly for China’s overseas buying spree, a secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies
Published on July 21, 2017
By Debdutta Ghosh
Economics
The US is holding back a wave of Chinese acquisitions
A secret government group in the US has objected to at least nine acquisitions of US companies' shares by foreign investors this year, Reuters reports citing its own sources.
Published on July 21, 2017
By Iris Barker
Economics
Central Banks Will Lead The World Into Recession, Writes A Worried Bill Gross
The damage that can be done to a debt-laden global economy by the looming interest rate increases was reiterated and is warning about by bond guru Bill Gross. The course
Published on July 20, 2017
By Debdutta Ghosh
Economics
Islamic banking is trying to conquer Africa
In 2008, the central bank of Ethiopia, known for its conservative views, decided to experiment: it allowed banking activities with no interest. Sharia law prohibits usury, so this step was…
Published on July 20, 2017
By Iris Barker
Economics
LSEG And IBM To Introduce ‘Blockchain Platform’ For Issuing ‘Private Shares’
Experts claim that with the growing phrase, the technology will only get better in shareholder interaction.
Published on July 19, 2017
By Debaleena Bhattacharjee
Economics
Forest fires in Canada raised prices for wood
World prices for wood are growing because of forest fires in the Canadian province of British Columbia, which is the world's largest supplier of softwood, The Vancouver Sun newspaper writes.
Published on July 19, 2017
By Iris Barker
Economics
IFO: refusal from ICE will deprive Germany of 600 thousand jobs
Experts of the Institute for Economic Research of the Federal Republic of Germany spoke out against initiatives to completely ban sales of cars with internal combustion engines by 2030. According…
Published on July 19, 2017
By Iris Barker
Economics
Unexpected Inflation Slowdown In Britain Surprises Investors Who Look Towards BoE For A Rate Hike
Economists say that “we can expect the calls for a rate rise to reduce to a whimper”.
Published on July 18, 2017
By Debaleena Bhattacharjee
Economics
Cash Is Rapidly Becoming Obsolete In Urban China
In China, an audacious economic phenomenon is taking place. How China is systematically and rapidly doing away with paper money and coins is the issue rather than debt, infrastructure spending
Published on July 18, 2017
By Debdutta Ghosh
Economics
In NAFTA Talks, Lowering Of Trade Deficit Made A Priority By The U.S.
The United States has said that its top priority for the talks related to the 23-year-old North American Free Trade Agreement (NAFTA) was shrinking the U.S. trade deficit with Canada
Published on July 18, 2017
By Debdutta Ghosh
Economics
China is stepping up the fight against financial risks
Last weekend, Chinese President Xi Jinping said that the country's central bank will play a more significant role in protecting against risks, and called for increased measures to protect the…
Published on July 18, 2017
By Iris Barker
Economics
Reuters: Changes in listing in Britain will attract state-owned companies
Proposed changes in the listing in Britain can attract companies with state participation to the London stock markets, as the authorities of oil-rich countries are preparing for a wave of…
Published on July 18, 2017
By Iris Barker
Economics
As Brexit Talks Resume, U.K. Seeks Progress On Citizens’ Rights
During the second round of divorce talks starting Monday in Brussels, European Union negotiators have been urged by Brexit Secretary David Davis to push for progress on resolving thorny questions
Published on July 17, 2017
By Debdutta Ghosh
Economics
Global Economy Is At The Risk Of Losing ‘$53 Billion’ In Cyber-Attack: Lloyd’s Report
Experts find it difficult to “understand” the accumulated impact of cyber, given its virtual nature.
Published on July 17, 2017
By Debaleena Bhattacharjee
Economics
Review Of Deutsche Bank’s Shareholders Is Under Consideration By The ECB
A source confirms the news of ECB’s new consideration in regards to Deutsche Bank’s shareholders.
Published on July 17, 2017
By Debaleena Bhattacharjee
Economics
High Stock Priced Companies Are At Risk Of ‘Market Manipulation’
Many experts agree that it all boils down to the “number” irrespective of “market cap” when it comes down to the vulnerability to market manipulation.
Published on July 17, 2017
By Debaleena Bhattacharjee
Economics
The EU increased trade with other countries in May
The volume of trade in the euro area sharply increased in May against the backdrop of growing exports and imports of goods with the rest of the world. This fact…
Published on July 17, 2017
By Iris Barker
Economics
Does Saudi Arabia really need expensive oil in 2017?
Saudi Arabia may not be as weakened as one would expect, even though the oil market is vulnerable in the face of reductions carried out by major world oil producers.
Published on July 17, 2017
By Iris Barker
Economics
Analysts Say Markets Could Question Sustainability Of ‘Abenomics’ As Shinzo Abe’s Approval Rating Declines
If Japanese Prime Minister Shinzo Abe’s approval rating continues to decline, a market researcher has warned that the markets could start to question the long-term sustainability of Abe’s economic program
Published on July 16, 2017
By Debdutta Ghosh
Economics
France Makes A Late But Promising Entry In The Race To Win Brexit Businesses
France makes an attempt to dispel its image “as a country of high taxes and strict labor laws”.
Published on July 15, 2017
By Debaleena Bhattacharjee
Economics
ECB follows the Fed’s lead in the curtailment of the QE program
The European Central Bank (ECB) seeks to maintain the open time of the asset buy-back program, and not to set a potential date for its termination. These actions are meant…
Published on July 14, 2017
By Iris Barker
Economics
Wetherspoons Founder Says To Gain US-Style Immigration System, UK Should Accept WTO Tariffs
In order to regain control of its borders and establish a new points-based immigration system akin to the U.S., Britain should be willing to accept “a few tariffs” under the
Published on July 13, 2017
By Debdutta Ghosh
Economics
Petróleos de Venezuela to ramp up production
Petróleos de Venezuela (PDVSA) is going to invest $ 50 billion in increasing production to 2.5 million barrels per day by 2025.
Published on July 12, 2017
By Iris Barker
Economics
Goldman Sachs Stands Out As The ‘Worst-Selling Fund Manager’ Worldwide In 2017
Withdrawals beats outflows at GSAM almost by double the amount at GSAM.
Published on July 10, 2017
By Debaleena Bhattacharjee
Economics
While Wages Continue To Lag, U.S. Job Growth Accelerates In June
In signs of labor market strength that could keep the Federal Reserve on course for a third interest rate increase this year despite benign inflation, U.S. job growth surged more
Published on July 7, 2017
By Debdutta Ghosh
Economics
Ex-IMF Chief Economist Kenneth Rogoff Says China Could Export A Recession To Everyone Else
A former International Monetary Fund (IMF) economist believes that everyone in the world would be hit by a fallout of the soaring debt levels in China which were a source
Published on July 7, 2017
By Debdutta Ghosh
Economics
2016 was a record for Saudi Aramco
Saudi Arabia's state-owned oil company Saudi Aramco increased production to a record level of 10.5 million barrels per day at the end of 2016.
Published on July 7, 2017
By Iris Barker
Economics
EU Chief Negotiator Says UK Cannot Keep All Benefits Of A Single Market And Yet Leave It
The European Commission’s chief Brexit negotiator Michel Barnier said on Thursday that the U.K. cannot expect to leave the single market and keep all of its trade benefits. If the
Published on July 6, 2017
By Debdutta Ghosh
Economics
From Defense To Science, Agriculture And Technology, India, Israel Expand Cooperation
The way for Israeli firms to access millions of consumers and for Indian companies seeking advanced technologies would be paved by a string of deals signed this week between India
Published on July 6, 2017
By Debdutta Ghosh
Economics
Germany is concerned about a possible US-EU trade war
Germany is concerned that US President Donald Trump can launch a trade war with Europe, German Foreign Minister Sigmar Gabriel said on Thursday before the G20 summit in the port…
Published on July 6, 2017
By Iris Barker
Economics
Abe to sign trade agreement with EU at G20 meeting
On Thursday, The European Union and Japan are expected to sign a free trade agreement to protect themselves from the emerging policy of protectionism in the US under President Donald…
Published on July 4, 2017
By Iris Barker