
Shadow banking increases the risk of another global financial crisis
Sep 15, 2016 02:04 am UTC| Insights & Views Business Economy
Banks may still be evading increased regulation by shifting activities to shadow banking. This system is well established as part of the financial sector, but it provides products that separate an investor from an...
UK likely to avoid Brexit-recession following slight economic rebound, says Danske Bank
Sep 14, 2016 12:09 pm UTC| Commentary Economy
The United Kingdom is expected to avoid a post-Brexit recession after soft economic indicators suggest that the economy has rebounded in August after the initial deceleration in July. As the economic data have been better...
Sep 14, 2016 11:03 am UTC| Commentary Economy
Taiwans tourism sector is facing deep troubles in the wake of reduced tourist arrivals, largely caused by the fall in Chinese tourists, which registered a more than 10 percent decline for three consecutive months during...
Eurozone’s industrial production witness sharp fall in July, unlikely to regain quick momentum
Sep 14, 2016 10:50 am UTC| Commentary Economy
Industrial production in the eurozone witnessed a sharp fall during the month of July, a sign that the common currency zones modest economic recovery is unlikely to quickly regain momentum after a second-quarter...
China new loans rebound in Aug, beyond market consensus; RMB loan growth likely to slow in Q4
Sep 14, 2016 09:51 am UTC| Commentary Economy
Chinas new loans denominated in yuan terms rebounded during the month of August, largely beating market consensus. However, the loan growth in terms of renminbi is likely to slow down in the last quarter of the year, as a...
UK unemployment rate maintains sturdy 11-year low in sharp response to Brexit vote
Sep 14, 2016 09:32 am UTC| Commentary Economy
Jobless rate in the United Kingdom maintained tough resilience in response to the Brexit vote ruled out during the European Union referendum held on June 23. The unemployment rate in the region remained at an 11-year low...
India’s Aug wholesale prices rise for 5th straight month, although at a slower-than-expected pace
Sep 14, 2016 09:10 am UTC| Commentary Economy
Indias wholesale prices rose for the fifth straight month in August, although at a pace slower than what markets had initially anticipated. However, this was in sharp contrast to the fall in consumer prices released...