China’s factory gate inflation rose for the first time in March since the last nine months. This was a result of the prices rising in global commodities and indications that the government was putting in an effort to boost the economy, which affected the domestic demand as well. Consumer inflation also picked up, showing a […]
China has witnessed the slowest rate of expansions, and economic growth is slowing down since the beginning of the Year 2019 which is affecting many industries and businesses. The worst hit sectors were the Auto sector where the profits were down by 37.1 Billion Yuan and the profits of the oil processing industry were 31.7 […]
The Chief Executive Officer of British banking giant Standard Chartered believes that the economic slowdown in China and the associated issues related to the trade war with the United States is gradually receding in the country. The words of the bank’s CEO Bill Winters carry a lot of weight since the British bank has a […]
Economists in India are concerned about the sharp slowdown experienced by the Indian economy. At a meeting with the Chief of the Reserve Bank of India, the economists have proposed a monetary policy boost in order to support growth according to the participants. The Governor of Reserve Bank of India, Shaktikanta Das met with concerned […]
On Monday, oil prices were pulled in opposite directions by the economic downturn and the supply cuts spearheaded by OPEC along with the U.S. sanctions against Venezuela and Iran. This resulted in mixed oil prices on Monday. Brent crude oil futures went up eight cents to $67.24 per barrel, which is not far off from […]
The yields of the three-year bonds fell to its lowest since September 2016 below the Reserve Bank of Australia’s policy rate 0f 1.5% which resulted in speculation of a rate cut due to a slowdown in the Australian economy. Moreover, the retail sales and business confidence data shows slow growth, property market, and global trade […]
