Tag: Economic growth

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current inflationary pressures are starting to ease, suggesting that we may...

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow, followed by the UK CPI on Wednesday, and Japanese inflation...

The stock market hit record highs on Monday, with the Dow, S&P 500, Nasdaq, and Russell 2000 all reaching new peaks. Investors are excited and optimistic about the future of both large multinational companies...

The Bank of Japan (BOJ) is expected to reduce its monthly bond buying by ¥2 trillion. This decision could have significant implications for the financial markets and investors.It is important to note that foreign...

Nandan Nilekani, the billionaire co-founder of Infosys Technologies, believes that the U.S. should continue to welcome talented immigrants in order to remain globally competitive. Infosys is a major recipient of U.S. H-1B visas, allowing...

Federal Reserve officials have decided to cut interest rates only once this year, with more reductions expected in 2025. They believe that keeping borrowing costs high for a longer period will help control inflation....

Middle East Market Movements: Saudi Arabia SoarsIn a surprising turn of events, Saudi Arabia's benchmark index experienced a significant surge of 2.6%, marking its most substantial intraday rise in nearly a year. This uptick...

Taiwan Signs Agreement With QatarEnergy as New North Field East Expansion PartnerTaiwan’s national oil company, CPC, has signed a long-term liquefied natural gas (LNG) supply deal with QatarEnergy that also gives Taipei equity in...

Bundesbank Forecast for Germany: German economy poised for recoveryThe German economy is showing signs of slowly regaining its footing, according to the latest forecast from the Bundesbank. After a period of weakness lasting approximately...

TSMC-backed Vanguard and Dutch firm NXP to build $7.8 billion Singapore wafer plantTaiwan Semiconductor Manufacturing Co.-backed Vanguard International Semiconductor Corporation and Dutch chip designer and manufacturer NXP Semiconductors have announced plans to...

China's Yiwu Experiences Increase in Orders as Paris 2024 ApproachesIn anticipation of the upcoming Paris 2024 Olympics, China's Yiwu city has seen a significant surge in orders for various products. The city, known for...

ZhejiangPictorial | China's Yiwu Experiences Surge in Orders Ahead of Paris 2024 OlympicsYiwu, a renowned small commodities manufacturing hub located in east China's Zhejiang Province, is currently experiencing a significant increase in production orders...

2024: A Year of Dynamic DealmakingFollowing a year of cautious observation, 2024 is emerging as a pivotal period for U.S. mergers and acquisitions (M&A). The latest midyear EY-Parthenon Deal Barometer anticipates a 20% increase...

British Supermarkets Anticipate Sales Boost Ahead of Euro 2024Market researcher NIQ has predicted that British supermarkets are poised to experience a surge in sales leading up to the Euro 2024 football championship, set to...