Economy | Page 2 Of 22

• Home
• News
• economy

Scary exports data amps up concerns over German economy

09-06-2019

Expressing concerns over the outlook of German economy, on Friday, the 7th of June 2019, the Bundesbank, central bank of the Federal Republic of Germany, said that the economy of Germany had been cooling off noticeably over the recent weeks

Weak job data gets off wake-up call to US economy

09-06-2019

On Friday, the 7th of June 2019, US Labor Department had unveiled US Job data for May showing that the US job growth had been slowed steeply last month and the wage growth was slowed less than anticipated

Oil skyrockets 3%, as Saudi signals OPEC output cut extension

08-06-2019

On Friday, crude climbed more than 3 percent after hitting a three-months-low earlier this week following a critical signal of OPEC-kingpin Saudi Arabia that the OPEC had been closing in to reach an accord for extending an output cut beyond June

US trade deficit narrowed amid tumbling exports, imports

08-06-2019

On Thursday, the 6th of June 2019, data released from US Commerce Department had revealed that the US trade deficit had shrunk unexpectedly in April, almost entirely resulted by a major topple in the exports and imports

Pemex downgraded on Trump’s tariff, sees junk status ahead

07-06-2019

Investors of six of the world’s largest fund managers holding bonds of Mexican oil company, Pemex, had been expecting a downgrade to “junk” status within a six-month timeframe

Major European cities to face downbeat home price growth in 2019

07-06-2019

Home price growth in major European cities likes of Berlin, Dublin, Madrid and Amsterdam has been expected to calm down this year after witnessing several years of rapid growth, a Fitch Ratings report had unveiled.

South Korea posts current account deficit, first shortfall in seven years

06-06-2019

On Wednesday, the 5th of June 2019, South Korea, the 4th largest economy in Asia and 11th largest in the world, had posted its first current account deficit in seven years on last April

Gold clings on to three-month peak over rate cut hopes

05-06-2019

On Tuesday, the 4th of June 2019, the precious metal gold had been found steadying just a notch shy of three-month peak over renewed trade optimism, after trade headlines had underscored that China was still open to negotiations

US factory activity growing at its weakest pace since 2016

05-06-2019

On Monday, the 3rd of June 2019, a national survey data had revealed that the US manufacturing activity growth had been slowed down in May to its weakest pace in more than two years

Oil falls as trade worries mounts, Saudi comment heads off losses

04-06-2019

On Monday, the 3rd of June 2019, both UK and US crude had extended their losing streak, while trade tensions between United States and China had deepened

Dollar slips, as optimism of a 2019 Fed rate cut spurs

04-06-2019

On Monday, the 3rd of June 2019, the American Dollar dipped further after witnessing a slump of 0.57 percent on last Friday (May 31st), following St. Louis Fed President James Bullard’s comment over a possible interest rate cut this year

Italy says won’t fight EU over budget issue, debt-crisis deepens

04-06-2019

On Sunday, the 3rd of June 2019, the Italian Finance Minister, Giovanni Tria said that the Italian Government had been confident that it could reach a deal with EU Commission and avert a looming sanction over its declining public finances

US can’t use pressure to bend Beijing's knee on a trade deal, warns China

03-06-2019

On Sunday, the 2nd of June 2019, a senior Chinese official and member of a team of trade negotiators led by Vice Premiere Liu He, said that the United States could not use pressure to force down a nation hammering out a trade deal

Mexican President urges to exempt oil from tariff warfare

03-06-2019

On Sunday, the 2nd of June 2019, the Mexican president, Andres Manuel Lopez Obrador again urged crude oil and energies to be exempted from tariff warfare amid rising tension with United States

US begins to collect 25% levies on Chinese goods arriving by sea

03-06-2019

On Saturday, the 1st of June 2019, a number of seaports of United States had begun to collect a higher 25 percent duty on Chinese goods arriving by sea

China prepares corporate hit-list in face of new tariffs on US imports

02-06-2019

On Friday, the 31st of May 2019, Beijing had threatened to unveil an unexpected hit-list of “unreliable” foreign groups, firms and individuals, which could harm the interest of Chinese companies

US inflation picks up, slowing economy may moderate gains

02-06-2019

Data released by the US Commerce Department on Friday, the 31st of May 2019, had revealed that the US Consumer price index had surged by the most in April in 15 months

Hit US-Agriculture base if trade spat worsens, says Mexican Farm Lobby

02-06-2019

On Friday, head of Mexico’s main farm lobby, Bosco de la Vega said that the Mexican government should aim at United States’ agricultural sector, which accounted for a large segment of Donald Trump’s vote bank

Auto sectors slumped after Trump threatens to hike Mexico tariffs

01-06-2019

On Friday, a gauge of global auto and parts manufacturers appeared to be scrambling and exploring contingency plans to speed up some of their deliveries, after Trump had opened a new front of his tariff battle

Crude slumped more than 3 percent over fresh Mexico tariff woes

01-06-2019

On Friday, the 31st of May 2019, both US and UK crude lost more than 3 percent and posted their biggest monthly plunge in six months following US President’s declaration of heightening Mexico tariff up to 25 percent

BJP President Amit Shah set to be Indian finance minister: Reports

01-06-2019

The 57-year-old Shah is regarded to be the on-point man behind the BJP's overwhelming victory in the 2019 general assembly elections

Trump administration nearly-completes India's Exclusion from Trade Program

01-06-2019

A new challenge awaits the newly re-elected Indian PM Narendra Modi

China to hit US with rare earth elements (REE)

31-05-2019

On Wednesday, the 29th of May 2019, a basket of Chinese local newspapers had reported that the nation had rigged itself out to use rare earth materials to hit United States

South Korea caught midway between US & China amid trade spat

31-05-2019

A moment of truth had emerged out of an escalated Sino-US trade spat, which caught South Korea at a much-familiar place, midway between US and China

Trade worries push US mortgage activity to one-month low

31-05-2019

On Wednesday, the 29th of May 2019, the Mortgage Bankers Association said that the figure of US mortgagors seeking home loans had fallen to a one-month low in context of overwhelming concerns of growing trade-spat

1

2

4

11

22