Economics

November Growth for Asia’s Factory Activity, but Analysts say it may have Peaked

Masking concern about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally, China’s factories notched their strongest growth in activity in two years and Japanese
Published on December 1, 2016
By Debdutta Ghosh

Bank of England’s Growing List of Concerns is Topped by China’s ‘Extraordinary Leverage’

According to a report published on Wednesday which warns that risks to global stability have spiked in the past six months, China, euro zone sovereign debt and the potential fallout
Published on November 30, 2016
By Debdutta Ghosh

Economist say Another European Banking Crisis Could be Sparked off by Italy’s Referendum

A senior economist is of the opinion that another banking crisis in Europe could be sparked off by this Sunday’s referendum in Italy. “In my view the biggest risk is
Published on November 29, 2016
By Debdutta Ghosh

At The Cusp Of ‘Radical Change’, New Zealand’s First Attempt At Regulating The Blockchain Technology

Too much regulation takes away the benefit of blockchain technology, while too little of it also creates problems, says experts.
Published on November 29, 2016
By Debaleena Bhattacharjee

Gas export from the United States exceeded imports for the first time in 60 years

Volume of US exports of natural gas exceeded its imports for the first time in nearly 60 years. This was reported by The Wall Street Journal.
Published on November 28, 2016
By Iris Barker

Italy’s Foreign Minister says the Country not Heading for Catastrophe

Italy’s foreign affairs minister has told CNBC in an exclusive interview that concerns that Italy is headed for catastrophe in the case of a destabilizing outcome from the referendum to
Published on November 28, 2016
By Debdutta Ghosh

$35 Billion Bank Bond Swap said to be Entailed by Greek Debt Relief Plan

Under a euro-area plan to shield Athens from future interest rate increases, Greece’s battered banks are being asked to swap about 33 billion ($35 billion) euros in floating-rate bonds for
Published on November 27, 2016
By Debdutta Ghosh

Brexit may take a decade and lead to decrease in the population’s real income

British investment bankers interviewed by Bloomberg believe that Brexit may take a decade, if we talk about the structural changes that are bound to occur in the British economy. In…
Published on November 25, 2016
By Iris Barker

No Indication of Trump Taking U.S. out of WTO as of yet, says WTO Chief

He had no indication that U.S. President-elect Donald Trump wanted to withdraw the United States from the World Trade Organization, said the chief of the global trading body, Roberto Azevedo
Published on November 25, 2016
By Debdutta Ghosh

Higher Forex Reserves Despite Ringgit Support Shown by Malaysia Central Bank

A $500 million question making the rounds of the global banking industry is how Malaysia’s central bank managed to simultaneously increase its foreign exchange reserves and meddle in markets to
Published on November 24, 2016
By Debdutta Ghosh

On Eve of Trump Presidency, U.S. Economy Strengthening, Shows Data

In the latest indication of an acceleration in economic growth early in the fourth quarter, driven by rising demand for machinery and a range of other equipment, new orders for
Published on November 24, 2016
By Debdutta Ghosh

Norwegian government wants Big Oil to stay in the country

For a long time, oil production on the Norwegian continental shelf has mainly been a privilege of large foreign companies and Statoil, a major player in the country’s market, which…
Published on November 23, 2016
By Iris Barker

Currency reform in India leads to poverty

There are long queues of people who want to exchange obsolete money for new in India. The government decided to withdraw large bills from circulation, which led to panic among…
Published on November 23, 2016
By Iris Barker

How Does China Benefit From Trump’s Declaration Of TPP Withdrawal?

Some think, TPP would be “meaningless” without the U.S., while others does not consider it to be the end of TPP and China has its own agenda for “free trade”…
Published on November 22, 2016
By Debaleena Bhattacharjee

APEC Leaders Look to China on Trade, Vow to Fight Protectionism

After Donald Trump’s election victory raised fears the United States would scrap free trade deals, Chinese officials said more countries are looking to join a China-led trading bloc even as
Published on November 21, 2016
By Debdutta Ghosh

Chinese authorities are afraid of yuan-dollar slump after Donald Trump’s inauguration

According to political consultants, China's leaders have remained unappalled even despite recent fall in the yuan. However, if the exchange rate overcomes psychological barrier of 7 yuan for dollar, it…
Published on November 21, 2016
By Iris Barker

As Funds Pull out of Emerging Markets, Dollar is the Currency to Own: Barclays

The stomping down of the currencies of emerging markets by the dollar is not going to end soon, say analysts. Ever since Donald Trump clinched a surprise victory in the
Published on November 20, 2016
By Debdutta Ghosh

Strategist says Politics the Sole Driver of Currencies of Developed Economies

Economists and strategists are of the view that the G10 currency market is driven solely by political events. This was the view of Dominic Bunning, FX Strategist at HSBC. Whereas
Published on November 19, 2016
By Debdutta Ghosh

As China Eyes APEC Trade Leadership, Pacific Rim Leaders Scramble for Trade Options in Trump Era

As a looming Donald Trump presidency in the United States sounded a possible death knell for the Trans-Pacific Partnership (TPP), leaders of Pacific rim nations scrambled to find new free-trade
Published on November 19, 2016
By Debdutta Ghosh

China State Firms Buying US Companies Urged to be Banned by Panel

A congressional panel charged with monitoring security and trade links between Washington and Beijing said that U.S. lawmakers should take action to ban China’s state-owned firms from acquiring U.S. companies.
Published on November 18, 2016
By Debdutta Ghosh

Will unconditional basic income save humanity from rise of robots?

The United Nations published a new report. According to the paper, more than 65% of workforce in developed countries will lose their jobs due to accelerating technology development during the…
Published on November 18, 2016
By Iris Barker

Last chance for OPEC

OPEC members are focused on a common goal to limit oil production, as the deadline, in which oil producers must outline conditions of the deal, is rapidly approaching, reports Bloomberg.
Published on November 16, 2016
By Iris Barker

Plans for Europe’s Next Populist Surge Being Made by Investors

Investment funds are trying to get a handle on the policy plans of the anti-establishment party with the populists’ efforts to topple Italian Prime Minister Matteo Renzi gaining traction. Potentially
Published on November 15, 2016
By Debdutta Ghosh

Bond Market Wacked for $1 trillion Loss by ‘Trump Thump’

As bets on faster U.S. growth and inflation lead investors to favor stocks over bonds, the long-awaited end to the more than 30-year-old bull run in bonds could be marked
Published on November 15, 2016
By Debdutta Ghosh

Global Sovereign Credit Outlook Turns Pessimistic According To Moody’s

Moody’s Investors Service has said very recently that amid expectations for low economic growth and high public-sector debt in the global economy as a whole, the outlook for global sovereign
Published on November 14, 2016
By Debdutta Ghosh

As Brexit Tariffs Tallied, U.K. Sees $82 Billion Investment Hit

With more than 40 percent of large companies scaling back, according to a new survey, since the vote to leave the European Union U.K. businesses have delayed or canceled investments
Published on November 14, 2016
By Debdutta Ghosh

World prices for food rise by 9.1%

In October, the world prices for food products, particularly for sugar and dairy products, increased by 0.7% MoM and 9.1% YoY, as follow from the data of the Food and…
Published on November 14, 2016
By Iris Barker

In the Week Ahead, Markets will Adjust to the New Investing Order

All be it with a very new perspective, markets get back to the business of watching the Federal Reserve after a historic week. Wall Street expectations, not only regarding who
Published on November 12, 2016
By Debdutta Ghosh

Analysts Warn a Bigger Risk than Donald Trump is Italian Referendum

Global stocks have made a comeback and have been rallying since falling sharply following Donald Trump’s victory in the United States presidential elections which initially sent shockwaves through markets around
Published on November 11, 2016
By Debdutta Ghosh

‘Black Friday’ isn’t fun anymore

Not only Americans but also Europeans are tired from the annual Black Friday sales. Public polls show that less than a quarter of the UK population will be purchasing products…
Published on November 11, 2016
By Iris Barker

Trump Signals Shift from Austerity Era Making Investors Exuberant

As exuberance shot through markets and reversed initial dives in reaction to Donald Trump’s U.S. presidential victory, European stocks rose on Thursday following extraordinary gains in Asia and the United
Published on November 10, 2016
By Debdutta Ghosh

EU to create a Silicon Valley competitor

Private venture capital us reducing investment in European startups, so EU authorities have presented plans to create a venture capital fund of € 1.6 billion that will support technology start-ups.…
Published on November 10, 2016
By Iris Barker

Trump’s victory muddied global markets

Crush in global stock markets and collapsed rates of some currencies such as the US dollar and the Mexican peso, observed as Donald Trump’s chances to win were growing, were…
Published on November 10, 2016
By Iris Barker

Do refugees boost economic growth?

Can desperate and tired of wandering on European roads refugees bring economic benefits to countries that accept them, such as Germany?
Published on November 9, 2016
By Iris Barker

Novel Idea Seems to be Coming of Age – one that Could Revolutionize Europe’s Debt

The 19-nation currency bloc can be provided with a single “safe asset” that’s not linked to the fate of any individual member by the European Safe Bond is, in theory,
Published on November 9, 2016
By Debdutta Ghosh

Fed’s Plans to Hike Interest Rates in Doubt by Trump’s Win

The core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years is facing serious questions by
Published on November 9, 2016
By Debdutta Ghosh

Bank of Japan is struggling to get rid of cash

Cash war is gaining momentum, and of course Japanese experimentalists are pushing limits of possibilities. Having dived into the negative interest rates, Japanese politicians fully recognized that accumulation of cash…
Published on November 8, 2016
By Iris Barker

Market Bets On Clinton’s Win, While Dollar Hits A Steady Ground

Market waged on the win of Hillary Clinton, in the race of the U.S. presidential election.
Published on November 8, 2016
By Debaleena Bhattacharjee

UBS Strategist Say European Earnings May Be At Inflection Point

According to the Head of European Equity Strategy at UBS, there is hope Europe’s companies hit an inflection point during this year’s third quarter after almost six years of no
Published on November 7, 2016
By Debdutta Ghosh

Next year U.K Households Should Expect Sharp Rise in Inflation, Warns Bank of England

As the weak pound ramps up the costs of imports and squeezes family finances, the Bank of England has warned U.K. households to expect a sharp rise in inflation next
Published on November 4, 2016
By Debdutta Ghosh

As Saibor Tumbles the Most Since 2009, Saudi Bank Squeeze Eases

There are signs of easing of the worst cash squeeze at Saudi Arabian banks ever since the financial crisis. In a sign that government measures to alleviate a liquidity shortage
Published on November 2, 2016
By Debdutta Ghosh

Venezuelans Start Weighing Piles of Cash Instead of Counting Them

While replacing with a stack of bolivar notes handed over by his customer for slices of salty white cheese, Humberto Gonzalez weighs the bills instead of counting them. Gonzalez owns
Published on November 2, 2016
By Debdutta Ghosh

Inflation Misses Forecasts in Euro Zone as it sees Moderate Uptick in Growth

Allying fears that were expressed by analysts and market watchers months back, data from the European statistical office shows that the euro zone has continued growing at a moderate pace
Published on November 1, 2016
By Debdutta Ghosh

EU’s Malmstrom says EU, U.S. Trade Deal Not Dead Yet

EU Trade Commissioner Cecilia Malmstrom said that negotiations will continue with the new U.S. administration after November’s elections and the much-debated trade deal between the European Union and the United
Published on October 30, 2016
By Debdutta Ghosh

Deadlock Over EU-Canada Trade Pact Broken by Belgium

After internal divisions in just one country threatened to block the European Union of 500 million people sealing the landmark deal, Belgium’s regions agreed to a free trade pact with
Published on October 28, 2016
By Debdutta Ghosh

‘So Far No Sign Of Financial Stability Risks’

Third quarter report of European Bank show positive results for some.
Published on October 27, 2016
By Debaleena Bhattacharjee

World Bank Terms New Zealand As The ‘Easiest Country’ For Conducting Businesses

Annual update on the list of World Bank observes new movements in their positions.
Published on October 26, 2016
By Debaleena Bhattacharjee

Doing Business: New Zealand is the most comfortable for entrepreneurship

Doing Business ranking includes 190 countries. The rating ranges its participants not only from the 1st to 190th place. IFC also counts absolute result close to optimum performance. A high…
Published on October 26, 2016
By Iris Barker

Population ageing lowers economic growth and quality of life

Aging population is a problem of economies with a combined share of 78% of world GDP (64% of GDP at purchasing power parity), believe analysts of Morgan Stanley. Global growth…
Published on October 25, 2016
By Iris Barker

After Belgian ‘Non’, EU, Canada Still Hope to Sign Trade Deal

The European Union and Canada still appeared to be holding out hopes of a summit to sign off on the deal despite Belgium declaring on Monday that it could not
Published on October 25, 2016
By Debdutta Ghosh