Author Archives
-
Boost from Raw Material Sectors Pushes China’s Industrial Profits in October
Even though growth was skewed towards high-polluting heavy industry, suggestions of further strengthening of the world’s second-largest economy were made as profit growth in China’s industrial sector picked up in October which was aided by stronger sales and higher prices…. Read More ›
-
Spending Rises in U.K., no Sign of Brexit Effect Shown by Economy
As the U.K. economy registered a resilient performance following the Brexit vote, consumers and businesses increased their spending in the third quarter The Office for National Statistics said that business investment increased 0.9 percent and household spending rose 0.7 percent… Read More ›
-
Success Lies in Oil Market Far, Far Away For OPEC’s Rivals
The long way around is better than any shortcut to success is the realization of the rivals of OPEC seeking to reach its most-prized oil customers. The glut that was exacerbated by its prior strategy of keeping taps open has… Read More ›
-
Macquarie, ANZ to Pay $11 Million Over Malaysia Rates Probe
After admitting to attempted cartel conduct relating to the setting of a benchmark Malaysian rate in 2011, Macquarie Bank Ltd. and Australia & New Zealand Banking Group Ltd. agreed to pay a combined A$15 million ($11 million) in penalties. Melbourne-based… Read More ›
-
Trump’s Decision to Kill the TPP Makes Chinese Officials ‘Lick Their Lips’
The issue of Donald Trump turning his back on a major U.S.-led Pacific trade pact has more than pleased Beijing. Officials in China are excited about President-elect Trump’s plan to withdraw from U.S. participation in the planned Trans Pacific Partnership, said Ian Bremmer,… Read More ›
-
Is a Technical Recession to Hit Singapore’s Economy?
With analysts forecasting a rocky path ahead that will include a technical recession, economic growth has stumbled in Singapore. While a technical recession would be two quarters of quarterly contraction, a recession is defined as two consecutive quarters of on-year… Read More ›
-
$5 Billion Valuation in IPO said to be Mulled by China Selfie App
The developer of selfie apps, China’s Meitu Inc., is discussing a share sale that would value the company at about $5 billion and is said to be in talks with investors ahead of its planned initial public offering in Hong… Read More ›
-
New Cash Streams for a Start-Up Fueled by India’s ‘Black Money’ Cleanup
India’s ban on 500 and 1,000 rupee notes has opened up a new revenue stream for one Delhi-based start-up even though it might have sent the country into chaos. People are queuing up in banks for hours to exchange their… Read More ›
-
As Trump vows TPP withdrawal, Japam, China Stepping in
Even as U.S. President-elect Donald Trump said in a video message that his administration will pull out of the trade deal, Japan on Tuesday reaffirmed its commitment to the Trans Pacific Partnership (TPP). The trade pact was meant to solidify the U.S.’s presence in what is considered… Read More ›
-
After Drastic Withdrawal of Cash Supplies, Pain and Gain for India’s Economy: Analysts
As a cash crunch grips India, a commonplace picture now in the country is long queues outside bank branches and ATMs, frowning faces of small business owners and stranded tourists. But analysts argue that though they see short-term pain for… Read More ›
manageria.biz 