Asian markets posted gains in early trade Friday, shrugging off Wall Street losses ahead of key US jobs data. Analysts say signs of a robust American economy, such as strong labour market data this week, are bad news for equities as it gives the Federal Reserve more reason to keep monetary policy tight through to […]
Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. The head of the IMF has said the “remarkable resilience” of the global economy this year has cut the chances of a painful recession in the coming quarters, even as she warned of […]
The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing Rights DUBAI, Oct 5 (Reuters) – The World Bank expects Saudi Arabia’s economy to contract by 0.9% in 2023, it said in a […]
Skip to content October 4 marks Energy Efficiency Day, and NIPSCO is reminding customers that small changes around the house can have big energy savings during the colder months ahead. • Use natural light: Natural light is a source of free heat that many homes overlook. Leave yourcurtains open during the day to allow your […]
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights US private payrolls weaker than forecast, dollar slips US services sector index falls in September, factory orders rise BOJ money market data shows no intervention on Tuesday […]
US Economy Faces Risks From strikes to Higher Rates Bloomberg Read the full article…
By Mark John (Reuters) – At a World Trade Organization event in September, former British prime minister Gordon Brown voiced out loud the fear that has quietly started to echo in the halls of power across Europe. “Europe does not want to end up squeezed between America and China, either a Chinese colony or an […]
Tue, 03rd Oct 2023 Article tags EconomyChinaAccess ChinaCountry Analysis In line with EIU’s projections, data released on September 15th by China’s National Statistics Bureau (NBS) suggest that the economy has bottomed out. Year-on-year growth accelerated in August for retail sales (4.6%, from 2.5% in July) and industrial value-added (IVA; 4.5%, from 3.7%), although fixed-asset investment (FAI) […]
Increased geopolitical tensions and accelerated technological shifts are forcing governments to turn their focus to technology and digitalisation. Technological leadership, digital autonomy and economic security are now political Chefsache in countries throughout the world, including in Europe, as new technologies are revolutionising industries and reshaping societies. Set against this context, the Dutch government is preparing implementable […]
(Reuters) – The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed down by foreign currency outflows and the country’s shrinking current account surplus. The rouble’s last tumble into triple digits in August led the Bank of Russia to make an emergency 350-basis-point […]
