India’s trade deficit widens in May; trend likely to continue in coming months

Jun 17, 2016 05:41 am UTC| Commentary Economy

In May, India recorded trade deficit of USD 6.3 billion, widened from Aprils deficit of USD 4.8 billion. A sharp increase in core imports, which followedtwo straight months of subdued performance, is attributed to the...

US headline inflation likely to accelerate towards 3 pct by Q1 2017

Jun 17, 2016 05:17 am UTC| Commentary Economy

USrecorded a 0.2 percent rise in consumer prices in May, as compared tomarket projection of a rise of 0.3 percent. Core inflation, stripping energy and food, also rose 0.2 percent on the month. On a year-on-year basis, the...

Why it's so hard for students to have their debts forgiven

Jun 16, 2016 16:44 pm UTC| Insights & Views Economy

Outstanding student loan debt in the United States reached a record US$1.35 trillion in March, up six percent from a year earlier. About 10 million people who borrowed from the governments main student loan program 43...

China Crisis Series

Renminbi Series

Chart of the Day Series

Chart of the Day: China's investment contrast

Jun 16, 2016 16:02 pm UTC| Commentary Economy

Chinas private investmentthat was growing above 30 percent back in 2011 and was supporting economy dropped to just 3.9 percent as of this months release. In contrast, thanks to stimulus from the government public...

Emerging Market Crisis Series

How investors see South Africa: lots of potential, not worth the hassle

Jun 16, 2016 14:39 pm UTC| Insights & Views Economy

South Africa has narrowly survived a downgrade of the rating of its government bonds. The reprieve, however, is temporary because government has been warned by the Big Three rating agencies Fitch, Moodys and Standard ...

Euro area likely to reach European Commission’s structural jobless rate estimate of 9.7 pct in Q1 2017

Jun 16, 2016 13:15 pm UTC| Commentary Economy

The euro area jobless rate has touched the lowest level since 2011. Even if the unemployment rate for April seems high at first, 10.2 percent, it is just 0.5 percentage points from the ECs estimate of the structural level,...

US employment growth to rebound again; jobless rate likely to reach 4.4 pct by 2017-end

Jun 16, 2016 11:51 am UTC| Commentary Economy

The USjobs report data for the month of May and April were not quite strong. Employment in the country grew just 38,000, the lowest rise since 2010. The sluggish rise was due to a Verizon strike that dragged the figure...