IMF Downgrades Global Growth Forecasts

The International Monetary Fund slashed its global growth forecasts on and a survey showed increasing negativity among business chiefs as trade tensions and uncertainty...

Sterling’s Gleam Fail on Brexit Continued Ambiguity

UK Currency - In a news report, last month, after highlighting an extended struggling economy, uncertainty surrounded Britain's departure from the European Union, outlook...

Japanese Household and Wages Fetch Decent Gains

Japan’s household spending increased slightly and higher bonus payments lifted wages in December, though the underlying trends in these two metrics exhibited only modest...

Asia Factory Activity Lackluster on Soft Chinese Demand, PMI

Factory activity weakened across Asia in December as the US-China trade war and a slowdown in Chinese demand hit production in most countries, strengthening the case for a pause in interest rate hikes in the region in 2019. Read more here!

Economic Development: China Intervenes Less in Industries

ECONOMIC DEVELOPMENT – Chinese industry minister said on Monday that the country will have lesser intervention in its massive industrial sector. This comes after...

RBA Shifts to Neutral Stance on Interest Rates

On Wednesday, Australia’s central bank, RBA, hinted at possible rate cuts. This came in the midst of mounting economic risks and was a notable...

Fed to Raise Rates only Once in 2019, Says Fed President...

The Federal Reserve may only need to raise interest rates once in 2019, Atlanta Fed President Raphael Bostic said, focusing on business executives’ nervousness about the economy and a global slowdown as factors that may hold the US central bank back. Read more here!

BOJ Policymakers at Odds Over Bond Yields

Bank of Japan policymakers were at logger-heads on the amount which they should allow bond yields to fall, as they fret over a worsening...

US Charges China’s Huawei of Stealing Trade Secrets

The US Department of Justice has charged Huawei with theft of trade secrets, wire fraud, and obstruction of justice. A 10-count indictment accuses Huawei stole...

BOJ Slashes Inflation View, Retains Monetary Stimulus

The Bank of Japan (BOJ) has slashed its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand,...

MUST READ

- Advertisement -

LATEST NEWS