Emerging economies are expected to take longer to outpace the growth of developed economies, as per a forecast by Centre for Economics and Business Research. According to a report from the Centre for Economics and Business Research, the economic… Read More ›
Economy & Finance
Bank of Japan’s Governor warns of increasing global risks to global economy
Haruhiko Kuroda, the Governor of the Bank of Japan, has attributed the fluctuations in stock markets to changing perception of various risks to the global economy. On Wednesday, Haruhiko Kuroda, the Governor of the Bank of Japan warned of increasing… Read More ›
The chaos in Washington casts its shadow on the economy
Washington’s particular style of functioning appears to be adding to investor concerns and markets across the globe. Partial shutdown of the government, trade wars, open confrontations have added barrels of fuel to the fire. On Tuesday, the greenback fell to… Read More ›
Exxon Mobil halts oil survey survey over confrontation with Venezuela’s navy
Home of the world’s biggest crude oil reserves, production of crude oil in Venezuela, a OPEC member, has reached its lowest levels in 70 years. Guyana’s Foreign Affairs Minister Carl Greenidge stated, the government is “in discussion” with Exxon Mobil… Read More ›
US To Start Trade Talks With Japan With Aim Of Reduce Its $56 Billion Trade Deficit
For Japan, exports are much more than the crucial factor for economic growth – it is also the foundation of growth model of the country and a very crucial and dynamic component that drives the business cycle of the economy…. Read More ›
Federal Reserve Is The As ‘Only Problem’ In U.S. Economy, Says Trump
The US Federal Reserve is the “only problem” for the U.S. economy according to the President Donald Trump even as a rout in stock markets was resulted partly because of the disagreement between the president and the Fed. Reports of… Read More ›
Russia’s auto market likely to slowdown in 2019
Automakers have warned that a rise in VAT rates for automobiles would significantly effect burgeoning car sales. According to the Russian branch of South Korean carmaker Hyundai Motor Co, the auto market in the country is likely to witness a… Read More ›
PBOC survey reveals drop of business confidence among Chinese entrepreneurs
The results of the survey assumes significance given the current geo-economic tensions with the United States. On Monday, going by the results of a survey that was published by China’s central bank – the People’s Bank of China, business confidence… Read More ›
China To Reduce Taxes And Open Up Further For High-Quality Development
In order to maintain high-quality development, China will continue to deepen supply-side structural reform among other measures in 2019, said a statement after the Central Economic Work Conference that was held in Beijing from Wednesday to Friday. This meeting was… Read More ›
US Indicts To Chinese Men In For Commercial Hacking
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›