Japan’s exports tumbled in July at the fastest pace since the financial crisis, weighed down by a strong yen and sluggish global demand. Exports slid 14% on-year, marking their tenth straight month of decline, while imports […]
Major banks in London have drastically revised down their 2017 forecasts in light of the Brexit vote, the Treasury reports. Barclays Capital and Nomura had each estimated growth of 1.9%, but Barclays now anticipates a […]
Wall Street banks are preparing for initial public offerings to bounce back in the second half of this year, after a six-month slump. The success of IPOs from messaging app Line and cloud provider Twilio […]
Singapore posted a surprisingly sharp 10.6% drop in non-oil domestic exports for July amid a steep falloff in shipments to China and the US. The figures add to disappointing data and fears of an economic […]
Goldman Sachs estimates that the capital outflow from China is growing, with US$55 billion in July after US$49 billion in June. The Shenzhen-Hong Kong stock link could accelerate the flow, contributing to downward pressure on […]
Blackstone Group, Apollo Global Management and WL Ross all have invested in distressed US oil assets this year at discounted prices. Deals are picking up, in part, because the price of oil no longer is […]
The Federal Reserve is again signaling an interest-rate increase. The policy committee might raise rates at a meeting next month, say William Dudley and Dennis Lockhart, presidents of the New York and Atlanta Fed banks, […]
The construction of homes in the US rose to its highest level in five months in July, the Commerce Department said. With inexpensive financing and job creation stimulating sales, residential starts rose 2.1% to an […]
With GDP of US$1.38 trillion last year, South Korea has recaptured its position as the world’s 11th-largest economy, trailing Canada in 10th position. GDP last year was down from 2014, when Korea placed 13th globally […]
© Copyright 2016-2019 Tristan Van Iersel - All Rights Reserved.