asian shares hit 21 month highs while dollar weakens

Asian shares hit 21-month highs, while dollar weakens

Economy Nikhil S - Mar 21, 2017

On Tuesday, Asian shares saw 21-month highs while the U.S. bond and dollar results were low based on the prospect of a less aggressive than earlier foreseen Federal Reserve policy track.

uks low interest rates hurt productivity says boes economist

UK’s low interest rates hurt productivity, says BoE’s economist

Economy Poorva Sundriyal - Mar 21, 2017

Ultra low interest rate has taken over the productivity in the UK but is the price worth paying to curb higher unemployment, says economist Andy Haldane. 

president trump first month added 235000 jobs in the us economy

President Trump’s first month added 235,000 jobs in the US economy

Economy Vinay Mishra - Mar 11, 2017

First full month of Trump administration’s saw unemployment fell to 4.7% from 4.8% as Trump tries to fulfill his electoral promise of adding 25 million jobs over 10 years.

brazil worst recession deepens in the last quarter of 2016

Brazil’s worst recession deepens in the last quarter of 2016

Economy Mohit Shah - Mar 08, 2017

According to statistics agency IBGE, the gross domestic product of the South American nation contracted by 3.6 percent last year. These figures were followed by a 3.8 percent drop which was recorded i

reserve bank of australia keeps rates of hold

Reserve Bank of Australia keeps rates of hold

Economy Mohit Shah - Mar 07, 2017

On Tuesday, the Reserve Bank of Australia held rates at 1.50 percent, which is reported as a record low value. The bank also signaled that economic conditions were levelled with its growth targets and

uk economy begins to lose momentum due to service sector dip

UK economy begins to lose momentum due to service sector dip

Economy Mohit Shah - Mar 07, 2017

In February, slower consumer spending hampered the service companies that has started to pour a negative effect on the UK economy which unexpectedly grew strong after June’s Brexit vote.

china indicates change in its long standing yuan policy

China indicates change in its long-standing yuan policy

Economy Mohit Shah - Mar 06, 2017

China has signaled it may alter its course centered at exchange rates due to pressure from the rising US Federal Reserve rate and threats from Donald Trump regarding a trade war.

eurozone inflation reaches well above european central banks target

Eurozone inflation reaches well above European Central Bank’s target

Economy Mohit Shah - Mar 03, 2017

Eurozone inflation has hit its highest level in the last four years climbing higher than the rate targeted by the European Central Bank; ECB policies fall under the scanner.

bitcoin value surpasses gold for the first time ever

Bitcoin value surpasses gold for the first time ever

Economy Mohit Shah - Mar 03, 2017

The value of the volatile digital currency moved upwards reaching a landmark which has surprised the global economic sector. A single unit of Bitcoin has surpassed the value of an ounce of gold.

australias economy jumps sharply in the last quarter of 2016

Australia’s economy jumps sharply in the last quarter of 2016

Economy Mohit Shah - Mar 01, 2017

Australia's economy recovered sharply in the fourth quarter, extending the 25-year recession-free streak for the blessed nation. As per statistics, the fourth-quarter GDP rose 1.1 percent.

ukip urges 80 percent cut in annual spending

UKIP urges 80% cut in annual spending

Economy Mohit Shah - Feb 17, 2017

UKIP has requested for an 80% cut in the foreign aid budget along with the money which should be spent wisely on domestic services.

brexit leading to uk labor shortage says survey

Brexit leading to UK labor shortage, says survey

Economy Mohit Shah - Feb 14, 2017

According to a new survey, the effects of Brexit are forcing non-U.K. nationals exit Britain, provoking fears of labor shortage. 

eu faces emergency as imf warns about explosive greek debts

EU faces emergency as IMF warns about “explosive” Greek debts

Economy Mohit Shah - Feb 08, 2017

EU faces an approaching crisis as the International Monetary Fund has cautioned about the make-or-break moment between Greece and its foreign creditors. 

japan real wages slip in december bonding hard for consumer spending

Japan real wages slip in December, bonding hard for consumer spending

Economy Mohit Shah - Feb 06, 2017

According to the government data revealed on Monday, it came as a setback for the hopes that consumer spending can lift the economic growth.

chinese manufacturing increases in january as per official pmi

Chinese manufacturing increases in January as per official PMI

Economy Mohit Shah - Feb 01, 2017

According to China's official manufacturing Purchasing Managers' Index (PMI), the industrial sector sustained to expand in January at an astonishing rate.

german inflation and french election drives borrowing costs across europe

German inflation and French election drives borrowing costs across Europe

Economy Mohit Shah - Jan 31, 2017

On Monday, the cost of borrowing across Europe spiked due to German inflation statistics and French elections caused concerns whether central bank incentive could be cut short.

us gdp growth falls short of expectations in the fourth quarter of 2016

US GDP growth falls short of expectations in the fourth quarter of 2016

Economy Himanshu Gill - Jan 28, 2017

The US GDP growth rate slowed down to 1.9 percent in the fourth quarter of the last year, below than the earlier expectations of 2.2 percent, according to the US Commerce Department.

mexico peso drop makes currency experts cautious about future

Mexico peso drop makes currency experts cautious about future

Economy Mohit Shah - Jan 28, 2017

Since the start of the year which brought President Donald Trump’s protectionist approach, the Mexico peso has lost it’s valued by 2.4 percent.

dollar slumped in asia trade due to concerns over trumps trade policy

Dollar slumped in Asia trade due to concerns over Trump’s trade policy

Economy Mohit Shah - Jan 23, 2017

Donald Trump’s plans to impose a protectionist agenda after pledging as the new president of the United States has dropped the value of the dollar in Asia trade on Monday.

venezuela inflation 2016 at 800 percent gdp narrows 19 percent

Venezuela inflation 2016 at 800%, GDP narrows 19 percent

Economy Mohit Shah - Jan 23, 2017

As per recorded figures, the consumer prices in Venezuela rose 800 percent in 2016, while the economy dwindled by 18.6 percent.

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