An official survey released recently revealed that factory activity in China increased in September for the first time in six months, adding to a slew of signs that the world’s second-largest economy has begun to bottom out. According to the National… Read More ›
The annual increase in prices outside of food and energy decreased below 4.0% for the first time in more than two years in August, which is good news for the Federal Reserve as it considers the future of monetary policy…. Read More ›
Government bonds fell during the third quarter due to worries about the economy and an extended period of high interest rates, and some investors anticipate further declines. Fund managers who were hoping for relief from the historic losses bonds suffered… Read More ›
According to data released on Friday, core inflation in the capital of Japan decreased in September for the third consecutive month, primarily due to lower gasoline prices. This suggests that cost-push pressures are beginning to peak, which is good news… Read More ›
According to Credit Suisse, which is now a part of UBS, the bank anticipates a third quarter loss of around $1.6 billion due to the reclassification of loans related to its non-core and legacy businesses. The bank said in a… Read More ›
Profits for Chinese industrial companies continued to decrease by double digits for the first eight months, although the rate of declines slowed marginally as a flurry of policy support measures began to stabilise certain aspects of the sputtering economy. In… Read More ›
On Monday, a further roadblock to troubled developer China Evergrande Group’s protracted debt restructuring plan revived concerns for China’s crisis-hit real estate market and caused a stock sell-off. Investor worries were heightened by developer China Oceanwide Holdings’ disclosure in an… Read More ›
According to analysts, discount e-commerce is expected to rule the world during the crucial forthcoming Christmas shopping season in the West and Singles’ Day in China. Platforms in China, the largest e-commerce market in the world, have recently spoken of… Read More ›
In order to reduce the impact of inflation on households, French President Emmanuel Macron announced on Sunday that the government would ask the petroleum business to sell at cost price and would provide 100 euros ($106.52) in aid to the… Read More ›
The government-owned British Business Bank (BBB) has swung to a pre-tax deficit of almost £147 million annually. The lender for economic development claims that broader economic issues caused a decline in the value of the companies it has invested in…. Read More ›
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