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.

unemployment in the uk falls to 16 million

Unemployment in the UK falls to 1.6 million

Economy Mohit Shah - Jan 18, 2017

The unemployment count in the United Kingdom fell by 52,000 in the three months to November; the lowest mark for more than a decade as per official figures. 

india losses the long held tag of worlds fastest growing major economy

India losses the long-held tag of world’s fastest growing major economy

Economy Himanshu Gill - Jan 17, 2017

The International Monetary Fund (IMF) has cut down India’s GDP growth rate to 6.6 percent, stealing its place of the world’s largest growing big economy.

the uk might change economic model if denied access to single market

The UK might change economic model if denied access to single market

Economy Mohit Shah - Jan 16, 2017

Chancellor Philip Hammond said the UK might be forced to transform its “economic model” if it is expelled from the single market post-Brexit.

pound falls sharply over fears that the uk will lose access to single market

Pound falls sharply over fears that the UK will lose access to single market

Economy Himanshu Gill - Jan 16, 2017

The pound fell sharply against the dollar, dropping just below $1.20 for the first time since the October’s flash crash, ahead of a key speech from UK Prime Minister Theresa May.

china trade weakens as exports fall for the second consecutive year

China trade weakens as exports fall for the second consecutive year

Economy Himanshu Gill - Jan 13, 2017

China’s weakening economy suffered another massive blow as its huge export line tumbled for the second year in a row in 2016, owing to weaker demands in major markets.

german economy beats expectations as it grows at highest rate in last 5 years

German economy beats expectations as it grows at highest rate in last 5 years

Economy Himanshu Gill - Jan 13, 2017

German economy expanded at its fastest pace in the last five years, recording a growth rate of 1.9 percent driven largely by increased private and government spending.

import prices in the us rise by 04 percent in december

Import Prices in the U.S. rise by 0.4% in December

Economy Mohit Shah - Jan 13, 2017

U.S. import prices increased in December, encouraged by higher prices for petroleum products, but a strong status of dollar kept underlying imported inflation as low-key.

world bank predicts global economy to grow at 2 7 percent in 2017

World Bank predicts global economy to grow at 2.7 percent in 2017

Economy Himanshu Gill - Jan 11, 2017

Amid rising uncertainties caused by Brexit and Donald Trump’s trade policies, the World Bank has predicted a moderate pickup of 2.7 percent in the global economy for 2017.

facebook to launch mid roll video ads to generate more revenue

Facebook to launch mid-roll video ads to generate more revenue

Economy Himanshu Gill - Jan 11, 2017

Facebook will start testing “mid-roll” advertising in videos on its platform; a move aimed to boost revenue for streaming companies and Facebook itself.

venezuela crisis hikes minimum wages by 50 percent to combat rising inflation

Venezuela Crisis hikes minimum wages by 50 percent to combat rising inflation

Economy Himanshu Gill - Jan 10, 2017

Venezuela’s government announced a 50 percent hike in the minimum wages and pensions, in its latest efforts to cope with the country’s inflation crisis.

sterling dips on uks suspected exit from european single market

Sterling dips on U.K’s suspected exit from European single market

Economy Mohit Shah - Jan 09, 2017

It was observed that the sterling dipped below 1.22 U.S. dollars at around 6.00 a.m. (London time) on Monday morning, reaching lows unproven since the last days of October.

australian economy posts surprise trade surplus as exports surge

Australian economy posts surprise trade surplus as exports surge

Economy Himanshu Gill - Jan 06, 2017

Australian economy is likely to stay optimistic as it posted a whopping A$1.243 billion ($912 billion) trade surplus in November, its first in almost three years.

china will spend 25 trillion yuan into renewable fuel by 2020

China Will Spend 2.5 Trillion Yuan into Renewable Fuel By 2020

Economy Pavan Pandey - Jan 06, 2017

According to a Chinese energy agency, NEA, People’s Republic of China (PRC) will plow $361 billion (2.5 trillion yuan) in renewable power generation by 2020.

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