Worrisome Signs Series: Decline in private investments points to looming recessionary possibilities
Aug 09, 2016 11:50 am UTC| Commentary Economy
After reaching $2.77 trillion in thefirst quarter of 2006, the real gross private domestic investments started declining and by the time U.S. economy entered recession it was down to $2.5 trillion and after which it...
China’s credit growth on gradual downward spiral
Aug 09, 2016 10:41 am UTC| Commentary Economy
Chinas credit and bank lending growth is likely to be on a gradual downward trend. Chinas top policymakers have not made any major changes to their tone. Managing credit risks continueto be a top priority. According to a...
UK industrial production grows 0.1 pct month-on-month in June
Aug 09, 2016 10:30 am UTC| Commentary Economy
UKs industrial output grew 0.1 percent on sequential basis in June, consistent with consensus projection of 0.1 percent. Junes figure partially retraces Mays 0.6 percent month-on-month decline in production. In overall...
Germany’s seasonally adjusted trade surplus narrows in June on higher imports
Aug 09, 2016 09:19 am UTC| Commentary Economy
Germanys seasonally adjusted trade surplus narrowed in June as imports grew more than exports. On seasonally adjusted basis, exports rose 0.3 percent month-on-month in June, while imports grew 1 percent. Germans official...
EC gives more time to Spain and Portugal to balance budget
Aug 09, 2016 09:19 am UTC| Commentary Economy
The European Council (EC) avoided what could have turned out a bitter feud by granting Spain and Portugal additional time to balance their budget. European council confirmed that it was cancelling sanctions on the two...
New Zealand’s July retail spend via electronic cards overshoots expectations
Aug 09, 2016 06:20 am UTC| Commentary Economy
Total retail spending in New Zealand continued to chug along in July. According to Statistics New Zealand, total retail spending using electronic cards reached NZD 4.8 billion in July 2016, up 5.8 percent year-on-year....
In his last policy decision, RBI governor Rajan keeps rates steady
Aug 09, 2016 06:13 am UTC| Commentary Economy Central Banks
The Reserve Bank of India Governor Raghuram Rajan delivered no surprises in its last monetary policy meeting while keeping the key policy rate unchanged at 6.50 percent. He had cut repo rateby 25 basis points in...
Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives