Economics
Trump Optimism Is Showing Signs Of Cracking For The First Time Since The Election
Doubts about whether markets would get the stimulus and the pro-growth policies of tax reform promised by President Donald Trump and the Republican Congress are being raised by them for
Published on March 22, 2017
By Debdutta Ghosh
Economics
ECB Says Trade Deficits May Rise, Not Reduce, By Protectionism
Just days after finance chiefs of the world’s top 20 economies dropped their pledge for open trade, the European Central Bank reiterated the importance of open trade policy and said
Published on March 22, 2017
By Debdutta Ghosh
Economics
Venezuela stops publishing economic data
More than a year after hyperinflation struck Venezuela, the country’s authorities stopped publishing official data on inflation and the stock of money. Thus, they deprived the public of the latest…
Published on March 22, 2017
By Iris Barker
Economics
IBM Announces Its New Blockchain Services Ready For Enterprise Use
IBM will be coming out with new blockchain technologies in the market in this very year.
Published on March 21, 2017
By Debaleena Bhattacharjee
Economics
As Bailout Quarrel Persists, Greece Edges Toward Another Crisis
Eurogroup is to reiterate calls for Greece to meet loan clauses when the euro-area finance ministers meet in Brussels. Edging closer to a repeat of the 2015 drama that pushed
Published on March 20, 2017
By Debdutta Ghosh
Economics
Hedge funds bet on emerging markets
The world's largest publicly traded hedge fund, Man Group, prefers bonds denominated in local currencies instead of bonds in sound currency. Local bonds in 2017 are providing a yield twice…
Published on March 20, 2017
By Iris Barker
Economics
Global Economy Leaders Show Support For Taxation In G20 Meet
Cooperation will be the underlying key in executing all the “jointly agreed steps” by G20 leaders.
Published on March 20, 2017
By Debaleena Bhattacharjee
Economics
End To Asian Easing Could Be Spelled By Fed Rate Moves
After monetary tightening in the world’s second-biggest economy, China followed the U.S. Federal Reserve’s third rate rise in 15 months, experts are of the opinion that the long cycle of
Published on March 16, 2017
By Debdutta Ghosh
Economics
Nine most promising economies of the world
The United Arab Emirates The most promising country in the world is. At least, such a conclusion can be made from a new rating published by News & World Report.
Published on March 16, 2017
By Iris Barker
Economics
After Steel, Next to Face China Coal Pain After Steel Are Japan’s Power Producers
Japan’s power producers are set to pay for China’s coal policies after the nation’s steelmakers faced the same fate sometime back. According to UBS Group AG and Morgan Stanley, after
Published on March 15, 2017
By Debdutta Ghosh
Economics
Global Trade At The Risk Of Getting Hurt: ECB’s Visco
The economic policies of Trump worries policy makers at ECB who foresee the possibilities of a hike in the interest rates of the U.S.
Published on March 15, 2017
By Debaleena Bhattacharjee
Economics
U.S. Tax Overhaul Baked By Boeing And Other Aerospace Manufacturers
Claiming that a set of changes Republicans proposed last year – including a big cut in the corporate tax rate – will make them more competitive globally and help create
Published on March 14, 2017
By Debdutta Ghosh
Economics
The EU: United Kingdom owes nearly € 2 billion customs duties
The European Union is accusing London of customs fraud. Because of unfair operations, the EU budget lose 2 billion euros, experts say.
Published on March 14, 2017
By Iris Barker
Economics
China is the most active international investor
Results of 2016 showed that Chinese companies invested $ 225 billion in foreign business in total, which makes China the world leader in this indicator. This achievement looks even more…
Published on March 13, 2017
By Iris Barker
Economics
For The ‘First Time’ Ever Bitcoin Overtakes Gold Trading
Bitcoin has similar features as gold, while its popularity within a short span of time suggests promising future that could end the present currency system.
Published on March 13, 2017
By Debaleena Bhattacharjee
Economics
German Economy Supplies ‘International Financial Services’ By ‘Stable Banks’
The ministry of finance in Germany makes its reaction public in regards to Deutsche Bank’s decisions.
Published on March 13, 2017
By Debaleena Bhattacharjee
Economics
Application To List Bitcoin ETF Rejected By U.S SEC
A request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency, was rejected by the U.S. Securities and Exchange Commission on
Published on March 11, 2017
By Debdutta Ghosh
Economics
Strong February U.S. Job Growth Reported; Wages Likely To Rebound
It is expected that the Federal Reserve will be given the green light to raise interest rates next week despite slowing economic growth as U.S. employers are likely maintained a
Published on March 10, 2017
By Debdutta Ghosh
Economics
Ireland’s GDP growth is fastest in the EU
Economy of Ireland has remained the fastest growing in the European Union for the third consecutive year in 2016, although with a smaller margin than before.
Published on March 9, 2017
By Iris Barker
Economics
Strategist Sri-Kumar Says Even One US Rate Hike Can’t Be Handled By The World Economy
There could be sweeping impacts on the U.S. as well as the world economics if there is even one small interest rate increase by the Fed, analyst and economists Komal
Published on March 8, 2017
By Debdutta Ghosh
Economics
With $8.5 Billion Cash Call, Deutsche Bank Tests Investor Patience
As the chief executive of Deutsche Bank sought to persuade weary shareholders to sign an 8 billion euro ($8.5 billion) cheque to back his plans, he pledged on Monday to
Published on March 7, 2017
By Debdutta Ghosh
Economics
Donald Trump’s trillion-dollar infrastructure plan is not going to work out
A month before becoming president in 2009, Barack Obama promised to implement a fairly ambitious program for infrastructure renewal by reconstruction of roads and bridges of the USA, which also…
Published on March 3, 2017
By Iris Barker
Economics
Caixin PMI Shows Four Month Low Growth in February for Chinese Service Sector
A private survey in China showed that increasing competition has been making it harder for companies in China to raise prices and therefore, even with new business still growing at
Published on March 3, 2017
By Debdutta Ghosh
Economics
India retains fastest-growing major economy tag despite cash crackdown
Despite the pain caused by Prime Minister Narendra Modi’s shock cash crackdown, India’s economy defied expectations on Tuesday to retain the title of the world’s fastest-growing major economy. From 7.4
Published on March 1, 2017
By Debdutta Ghosh
Economics
In Shadow Of Trump Protectionist Threat, Asian Factories Pick Up Steam
Though the outlook for many of the region’s export-reliant economies remained uncertain in the wake of U.S. President Donald Trump’s protectionist stance, Asian factories extended a global manufacturing revival as
Published on March 1, 2017
By Debdutta Ghosh
Economics
Talks on Greece’s Financial Bailout Review Resumes Between Athens and Lenders
With the aim of keeping the bailout funds flowing into Greece and to ensure that the crisis-hit nation is kept afloat financially, Greece and its lenders resumed talks, that had
Published on February 28, 2017
By Debdutta Ghosh
Economics
New EU Anti-Dumping Move On Steel Draws Out Disquiet Voice From China
After European Union regulators imposed new duties on steel imports from Chiba, the world’s biggest producer, the country expressed concerns on Tuesday over what it said was increasing protectionism. While
Published on February 28, 2017
By Debdutta Ghosh
Economics
Global uncertainties, excess capacity put the Chinese economy in jeopardy
China's economy in 2017 will be facing risks associated with uncertainty in the world and an excess of production capacity in the country, reported Bureau of Statistics of China on…
Published on February 28, 2017
By Iris Barker
Economics
Regulation On Financial Market Needs Strengthening For G20 Nations: German Spokesperson
The president of G20 seeks to safeguard “multilateral cooperation”.
Published on February 27, 2017
By Debaleena Bhattacharjee
Economics
Looming Large in Obamacare Talks are Anthem and Blue Crosses
People in the U.S. mostly waited to sign up for Obamacare coverage until they were sick and this is the complain that Anthem Inc. and other U.S. health insurers have
Published on February 27, 2017
By Debdutta Ghosh
Economics
New Scottish independence referendum is a threat to pound sterling
Pound sterling fell against all the major currencies on reports that team of British Prime Minister Theresa May is preparing for a referendum on Scottish independence, Bloomberg reported.
Published on February 27, 2017
By Iris Barker
Economics
China to create its own digital currency
After organization of a special study group in 2014, People's Bank of China has made tentative steps towards the introduction of its own prototype cryptocurrency.
Published on February 24, 2017
By Iris Barker
Economics
British retail sales recover in February yet retailers are still uneasy
Retail sales in the UK partially recovered in February after a sharp drop in January. However, companies in this sector are pessimistic about their prospects, since last year's vote for…
Published on February 24, 2017
By Iris Barker
Economics
Berlin and Beijing set out to defend free trade principles
China has become the largest trade partner of Germany for the first time in history. At the end of 2016 the Asian country unseated the US from the first space.…
Published on February 23, 2017
By Iris Barker
Economics
Will forecasts of French economic collapse come true?
National Front’s programme calls to leave the Eurozone and abandon the euro, as well as to return to national currency, the French franc, pegged to the euro. At that, the…
Published on February 22, 2017
By Iris Barker
Economics
Will Europe support RBS bailout terms?
British authorities’ plan to release Royal Bank of Scotland (RBS) from its obligation to sell more than 300 branches is at risk to meet tough opposition from the European Commission,…
Published on February 21, 2017
By Iris Barker
Economics
Central Bank of Norway fears embezzlement of reserve funds
Around 50% of the Norway National Welfare Fund’s capital will be spent over next 10 years, said Head of Norway’s Central Bank Øystein Olsen.
Published on February 20, 2017
By Iris Barker
Economics
TransCanada paves a new route
Energy company TransCanada has got a second chance and is asking to approve the pipeline’s route. The company is hinting that new US president, Donald Trump, wanted to get the…
Published on February 17, 2017
By Iris Barker
Economics
Goodbye to Foreigners Being Waved By This This $2.5 Trillion Index
Some of the foreignness may soon be lost by the U.K.’s equity benchmark. The process by how nationality is assigned to firms on the global equity indexes are proposed to
Published on February 17, 2017
By Debdutta Ghosh
Economics
Nation of Gold Bugs Being Built by Currency Pioneers on Ex-Soviet Fringes
By shifting savings from cattle to gold, an experiment with little parallel worldwide is being embarked upon by a landlocked nation perched between China and Kazakhstan. Kyrgyzstan’s central bank wants
Published on February 17, 2017
By Debdutta Ghosh
Economics
Iran doubles oil imports to South Korea
South Korea doubled its imports of Iranian oil in January this year compared to the same period in 2016, when Iran went back into the international oil market and began…
Published on February 16, 2017
By Iris Barker
Economics
The Already Strained Relationships Between Venezuela and U.S. Just Got Worse
This week, the already strained relationship between Venezuela and the United States, got worse. Saying he oversaw or “partially owned” narcotics shipments of more than 1,000 kilograms (2,204 pounds) from
Published on February 16, 2017
By Debdutta Ghosh
Economics
Americans disillusioned with the country’s economy
An average American is gradually becoming disillusioned in the country’s economy. Consumer confidence in the US in January 2017 fell to 111.8 points, which was lower than expected, and the…
Published on February 15, 2017
By Iris Barker
Economics
Morgan Stanley Says China Will Reach High Income Status And Avoid A Bank Crisis
A new Morgan Stanley report on the nation’s longer-term prospects titled “Why we are bullish on China” says that the country is likely avoid a financial crisis and is on
Published on February 15, 2017
By Debdutta Ghosh
Economics
Analysts React to Copper Prices As Double Mine Closure Pushes Prices to 20 Month High
As closures of two of the world’s biggest mines amplified concerns of a supply shortage, London copper hit its highest levels in 20 months. Noting a continuation of the upwards
Published on February 15, 2017
By Debdutta Ghosh
Economics
The Trump White House a Problem for Global Growth, Goldman Sachs Simulates
Goldman Sachs said in a note on Monday that the drive toward tighter trade and immigration policies that are being purportedly undertaken by President Donald Trump are set to dampen
Published on February 14, 2017
By Debdutta Ghosh
Economics
Amazon takes ad revenues away from Google
Facebook and Google are two clear leaders of online advertising, and there is a wide gap separating them from all others. However, these two have an unapparent but strong rival.…
Published on February 13, 2017
By Iris Barker
Economics
Juncker says Greece Bail Out is on Shaky Ground, Greece says Bailout Deal Close
Greek Prime Minister Alexis Tsipras said he believed the drawn-out bailout review with them would end well and warned international lenders on Saturday not to heap new burdens on his
Published on February 12, 2017
By Debdutta Ghosh
Economics
In a Two-Horse Race with Lockheed, Saab Pitches Modern Combat Jet Plant in India
As Sweden’s SAAB goes head-to-head with U.S. rival Lockheed Martin to supply hundreds of locally produced planes to India’s military, the company has offered to build the world’s most modern
Published on February 11, 2017
By Debdutta Ghosh