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US weekly jobless claims fall marginally, cooling labour markets cast shadows

11-01-2020

US Labour Department data released on Thursday, the 9th of January 2020, had revealed a mixed reflection of US job market, as US citizens applying for jobless claims for the first time in their lives fell more than anticipated last week

Trump says US-China “Phase Two” deal may need to wait until November US election

11-01-2020

Trump said on Thursday that his administration was looking to begin negotiations of a “Phase Two” China deal soon, but a “Phase Two” US-China trade deal might need to wait until November US Presidential election

UK policymakers back PM Johnson’s EU exit deal, ending a 3-year long baleful drama

10-01-2020

UK lawmakers in the House of Commons had approved the EU exit deal on Thursday as anticipated which in effect would allow Britain’s departure from the European Union on a January 31st deadline

Eden far from a paradise as Australia bushfire to curb 0.5% of national GDP growth

09-01-2020

As Australian tourism industry took a heavy hit following its latest bushfire, many of the nation's tourism-based business owners and Australian nationals had barely enough to get them through the winter.

South Korean restaurant owners voice concerns over $4 billion Delivery Hero deal

08-01-2020

A raft of restaurant groups’ representatives in South Korea had voiced sheer concern during a parliamentary session on Monday over S. Korea’s homegrown food delivery giant, Delivery Hero’s planned $4 billion acquisition deal of its local rival

Washington presses Dutch administration hard to sidestep China chip-equipment sale

08-01-2020

US President Donald Trump alongside his Administration had set off an exclusive campaign aimed at blocking the sales of Dutch chip manufacturing technology to China

China’s Central Bank says would keep monetary policy prudent, flexible & appropriate

07-01-2020

On Sunday, People’s Bank of China said in a statement that the Chinese monetary policymakers would keep their measures flexible, prudent and appropriate, adding the Chinese Central Bank would continue to extend its financial reforms

Chinese delegates to travel to Washington on January 13th to sign off trade deal

07-01-2020

A team of Chinese delegation had been planning to depart for Washington by next Monday (January 13th) to sign off the “Phase One” trade deal, which US President Donald Trump said later last month would be rubber stamped on mid-January

UK PM Johnson to meet EU Chief Von der Leyen in London ahead of post-Brexit talks

07-01-2020

Britain’s newly elected PM Boris Johnson would meet the EU Commission President Ursula Von der Leyen in London on Wednesday (January 8th) ahead of a critical round of post-Brexit trade talks

US office vacancy rate rises marginally in fourth quarter

07-01-2020

Report from a real estate research firm Reis Inc., published on Saturday, the 4th of January 2020, said that the US office vacancy rose marginally to 16.8 per cent over the fourth quarter of 2019 on an annualized basis

France will grow at a pace of 1.3 per cent in 2019 and 2020, says Bruno Le Maire

06-01-2020

French economy, the second-largest economy in the European Union excluding United Kingdom and the 7th-largest by nominal GDP across the globe, should grow at a stable rate of 1.3 per cent in both 2019 and 2020, said Le Maire

South Africa’s Eskom resumes power cut after Medupi fault, may extend up to Monday

06-01-2020

Eskom had issued a public statement on Saturday saying the struggling state-owned utility company would cut up to 2,000 megawatts of power overnight from the national grid following a conveyor belt glitch at its coal-powered station, Medupi

US factory activity facing off steepest headwinds in more than a decade

05-01-2020

December Data from Institute of Supply Management (ISM) for US manufacturing activity revealed on Friday, the 3rd of January 2020, had portrayed another tempestuous outlook for the US factory activity

US sanction-hit Venezuela’s PDVSA offering oilfield operations to foreign firms

05-01-2020

PDVSA, the state-owned oil firm of Venezuela, a founding member of OPEC, had been drawing up a plan to allow some JV partners to take over day-to-day operations of some of its oil field

UAE allots $200 million to Pakistan in aid to support economic projects

05-01-2020

De Facto ruler of the UAE, the crown prince of Abu Dhabi, Sheikh Mohammed bin Zayed al-Nahyan, had ordered the nation’s Khalifa Fund for Enterprise Development to allot a handsome sum of $200 million to Pakistan in monetary aid

US farmers on the verge of another bleak year despite “Phase One” trade deal

05-01-2020

Across the snowy US state of North Dakota, US farmers had been stuck with fields full of damaged corns hurt by bad weather, lost in thoughts on what crops they would plant next year as corns were their last shimmering ray of hopes after China sanctions

US jobless claims edges lower, but trends pointing to hike in filings ahead

03-01-2020

On Thursday, the 2nd of January 2019, data revealed from the US Labour department had revealed an affirmative signal for the US labour market, a centrepiece of US consumer spending that reflects around two-thirds of US economic activity

US holiday returns surge with booming e-commerce

02-01-2020

This year’s “National Returns Day” was anticipating a 26 per cent volume surge on returns on a year-on-year basis as more and more shoppers had reportedly preferred computer and smartphone screens instead brick-and-mortar stores

Johnson calls for a united Britain on Brexit in his New Year message

02-01-2020

Late on Thursday, the 31st of January 2019, saying goodbye to the 2010s, Britain’s new Prime Minister, Boris Johnson said in his New Year’s Message he would bring back his divided nation together on 2020 after Britain’s divorce with the European Unio

Trump says US-China trade deal to be signed on January 15th

02-01-2020

US President said on Tuesday, the 31st of December 2019, that, a planned “Phase One” trade deal with China would be signed on January 15th at the White House

US threatens new sanctions on Nord Stream 2 gas pipeline contractors

01-01-2020

Any companies which would be involved in laying off pipelines for Nord Stream 2 AG, would come across risks of being penalized by the US Administration

Oil totters over 1% on 2019’s last session, but posts biggest yearly rise since 2016

01-01-2020

On Tuesday, the 31st of the December 2019, a thin-volume last trading day of the year witnessed a withering backdrop of crude oil prices with both Brent and US crude futures’ prices falling more than 1 per cent

White House adviser says US-China trade deal to be signed off in a week or two

01-01-2020

Lighting a strong fire under the chills, White House’s top trade adviser expressed sheer optimism over possibilities of a Sino-US trade deal being signed off within a week or two

UK says will raise minimum wage by more than 6 per cent in 2020

31-12-2019

British Government said in an announcement on Tuesday, the 31st of December 2019, the United Kingdom’s minimum wage would be hiked by more than 6 per cent next year, lifting it to £8.74 or $11.49 an hour

Crude oil spikes to three-month-peak on Middle East tension, upbeat data

31-12-2019

Both UK and US crude oil futures’ prices had scored gains on Monday, the 30th of December 2019, to breach their three-month peaks

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