A devalued sterling and a buoyant global economy had driven strong growth in British manufacturing – exhibiting a good performance in the last 12 months. But the danger pints for the coming year are uncertainties over Brexit and the U.S…. Read More ›
Economy & Finance
Global hotel prices and airfares set to rise in 2019
The annual forecast by the Global Business Travel Association (GBTA) and those from Carlson Wagonlit Travel (CWT) state cost of hotel stay and travel is likely to shoot up in 2019. According to an industry forecast, rising oil prices and… Read More ›
U.S. economic growth could result in faster interest rates hike
Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›
Japan Needs To Be Cautious Of The ‘Strong Dollar’ Complaint Of Trump: Finance Ministry Official
There is need for Japan to be cautious in relation to the recent remarks made by United States President Donald Trump about currencies and there could be requirement for Tokyo to convince Washington that the aim of monetary easing in… Read More ›
Trade Tariffs Impacting Global Economy, G20 Economic Leaders Warned By IMF
Global growth could be significantly impacted by the recent spate of trade tariffs, warned the International Monetary Fund (IMF) targeted at the world economic leaders. The warning comes barely after a few days of United States President Donald Trump issuing… Read More ›
China’s Ministry of Commerce opens anti-dumping probe against Stainless Steel imports from EU, South Korea, Japan and Indonesia
China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›
Retaliation Could Be Faced By Trump Administration and US If Car Tariffs Are Imposed
In case the Trump administration in the United States places new tariffs on foreign cars and vehicle parts, there will be retaliatory action as threatened by the EU, Mexico and Canada. The threat was delivered by the countries to a… Read More ›
Steps To Tackle Trump Tariffs Being Worked Out By Amazon, Toyota, Alcoa And Others
Measures to mitigate the impact of Trump tariffs and to get ready for new tariffs are being worked out by some of the larger companies in the United States such Amazon.com Inc, Toyota Motor Corp and Alcoa Corp./ While the… Read More ›
Policy debate on China’s monetary policy rages as economy faces strong headwinds
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
Surprise Steadiness In UK Inflation – Weighed Down By Summer Sale
The fall of clothing prices in the United Kingdom resulted in the rate of inflation remaining at 2.4% for the third month in a row in June, shows data from the Office for National Statistics. It has been expected last… Read More ›