South Korean consumer confidence surges to 10-month high in Oct, business outlook remains dim

Oct 26, 2016 06:16 am UTC| Commentary Economy

Consumer confidence in South Korea surged to a 10-month high during the period of October, despite a grim business outlook in the economy. The composite consumer sentiment index for October came to 101.9, compared with...

U.S. consumer confidence falls to 3-month low in October on labor market concerns

Oct 26, 2016 05:58 am UTC| Commentary Economy

Consumer confidence in the United States fell to a 3-month low during the period of October, following concerns over the countrys labor market and an equally unhealthy household condition. U.S. consumer confidence index...

China’s consumer sentiment surges to 6-month high in October

Oct 26, 2016 05:28 am UTC| Commentary Economy

Consumer sentiment in China surged to a 6-month high during the period of October, led by strong gains in the willingness to spend more and in the components leading to theoutlook of current household finances. The...

As incomes rise in China, so does concern about pollution

Oct 25, 2016 18:23 pm UTC| Insights & Views Economy

Over the last 40 years, hundreds of millions of people in China have escaped poverty as this enormous nation urbanized and became a manufacturing powerhouse fueled by cheap coal and cheap labor. But this development...

Public, not private, money needed to plug Africa's water and sanitation gaps

Oct 25, 2016 17:14 pm UTC| Insights & Views Economy

African stakeholders have called for water supply and sanitation to be a priority at the next meeting of the United Nations Framework Convention on Climate Change. They want the November meeting of COP22 to integrate...

German out-performance would complicate ECB policy making

Oct 25, 2016 12:09 pm UTC| Insights & Views Economy Central Banks

Germanys economic performance has been the driving force of the euro areas recovery so far, and upbeat business confidence in October suggests that the German economy is on track for more robust growth. Brexit vote had...

Danish economy likely to outperform following upbeat domestic businesses

Oct 25, 2016 11:52 am UTC| Commentary Economy

The Danish economy is expected to perform better than previously expected, following upbeat production of goods by businesses abroad, and goods resold by Danish companies abroad are also set to increase significantly....