According to statistics from Counterpoint Research, the global smartphone market shrank by 8% to its lowest third-quarter level in a decade due to weak demand for big brands like Apple and Samsung in the majority of developed economies. The information,… Read More ›
The week-long annual sessions of the International Monetary Fund and World Bank came to an end on Saturday, overshadowed by recent violence in the Middle East and held in a nation still recuperating from an earthquake. The prospects for a… Read More ›
Big banks in Britain are preparing for any potential escalation of Western sanctions against China and have shared their “scenario planning” with the British and American governments, claimed a report by Reuters based on information from a senior financial official…. Read More ›
Rising debt levels in Asia’s “seemingly healthy” countries might drive the region’s GDP below current anticipated levels, World Bank Chief Economist Indermit Gill told the media on Monday. Gill said he was still concerned about the slow pace of debt… Read More ›
The outbreak of military conflict in the Middle East may force central bankers to confront new inflationary trends while also undermining economic confidence at a time when they had indicated increased optimism about limiting the price surge caused by the… Read More ›
According to South Korea’s presidential office and the firms, Samsung Electronics and SK Hynix would be able to send U.S. semiconductor equipment to their China operations indefinitely without further U.S. licences. The United States was anticipated to extend a waiver… Read More ›
Investors are keeping a tight eye on events in Israel as a geopolitical risk to markets, with some anticipating that the violence may spark a shift towards safe haven assets. against Saturday, gunmen from the Palestinian organisation Hamas launched an… Read More ›
Gordon Brown, former British prime minister, spoke out loudly about the anxiety that has been gradually beginning to reverberate throughout European political halls of power at a World Trade Organisation event in September.” Europe does not want to end up… Read More ›
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 ›
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