US retail group sees holiday sales rising up to 4.2% amid trade uncertainty
On Thursday, the 3rd of October 2019, the National Retail Federation of United States, had raised US holiday sales forecast for 2019
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US FTC asks for advertising, sales data of e-cigarette companies
On Thursday, the US Federal Trade Commission had ordered more than six US-based multinational and domestic e-cigarette companies to submit their advertising and sales data
Recession risk creeps up on US as service sector slew to three-year low
On Thursday, the 3rd of October 2019, ISM (Institute of Supply Management) data released by GMT. 20.00, added further strains over a US economy which had been slowing sharply
'Protectionist' says US Secretary of Commerce of India, deal still in limbo
Wilbur Ross also said that India still had not met with the US' required criteria to be included again its GSP program
France prepared to hit back if US sanctions EU imports, says Bruno Le Maire
French Finance Minister, Bruno Le Maire told that France, the seventh-largest economy in the world and the third-largest in the EU, was prepared to take on United States, had it been planning to impose sanctions
US farmers receive $14 billion so far in trade aid ahead of 2020 election
On Wednesday, the 2nd of October 2019, an agency official of the US Department of Justice had revealed that the Trump Administration had laid off a hefty sum of $14.03 billion for US farmers
US private hiring slackens off in September, adds to gloom
On Wednesday, the 2nd of October 2019, a report from US ADP National Employment had revealed that the US private employment slowed down in September
Paraguay economy shrinks 3.0% on Q2, worst fall since 2009
Late on Monday, the 30th of September 2019, Paraguay’s Central Bank said that the middle-income country,
US manufacturing contracts to ten-year low as trade tensions drag on
On Tuesday, the 1st of October 2019, data from the US Institute for Supply Management (ISM) had reported a shocking nosedive of US manufacturing activity to a 10-year low figure in September
King dollar's share of global FX reserve at its lowest since 2013:IMF
In the face of a much-stronger US dollar, which has often been considered as an undue exaggeration over the recent months, American dollar’s share of global foreign currency reserve tumbled to its weakest level since 2013
China says decoupling would harm both sides after Trump’s delisting threat
On Monday, the 30th of September 2019, China cautioned United States of a flurry of potential disruptions and instabilities in the international money markets
Egypt’s Central Bank axes key interest rate by 100-bps as EGX30 soars
On Sunday, Egypt’s Central Bank had axed key interest rate by 100-basis point for two consecutive months in a row, while followed by reveal of the news, Egypt’s benchmark EGX30 share index had mounted as much as 3.8 per cent in the first hour of tradin
China urges ‘calm and rational’ resolution to trade war as casualties rise
On Sunday, the 29th of September 2019, China’s Vice Commerce Minister, Wang Shouwen told in a press conference that Beijing was expecting Washington would resolve their trade dispute “with a calm and rational attitude'
Hong Kong’s sky-high property prices showing off resilience amid protests
In the face of an unfathomable stress brewed off Hong Kong’s multi-month protest, there had been a bright spot on which the city residents were still banking on, Hong Kong’s sky-high property prices
Bangladesh shortlists 17 companies for spot-LNG tender
angladesh, the fastest-growing economy across the globe with a GDP growth of 8.13 per cent had shortlisted 17 companies for its tender process to buy roughly 1 million tonnes of LNG
Crude oil plunged 2%, Brent posts biggest quarterly drop since Q4, 2018
On Monday, the 30th of September 2019, both US and Brent crude witnessed a sharp downturn of more than 2 per cent over waning concerns of supply deficits
Iran warns oil industry to stay alert to physical & cyber threats
On Sunday, in the wake of a withering backdrop in the Gulf amid heightening tensions with the United States, Iran’s oil minister raised an alarming bell to its US sanction-hit petroleum industry
China says its companies facing off many difficulties due to trade disputes
On Sunday, at a press conference in Beijing, Chinese Commerce Minister, Zhong Shan told that a stack of Chinese companies had been facing off many difficulties due to a withering trade conflict
Delay in USMCA ratification could hurt Mexican economy: Stability Council
On Friday, Mexico’s stability council had revealed a report saying that the potential hold-up of a ratification of USMCA could pose substantial scale of menace to Mexico’s financial markets
China tells UN tariffs could plunge world into recession
On Friday, the 27th of September 2019, one of the top diplomats of the Chinese Government, warned that trade and tariff abrasions could plunge the world into a steep recession
Zambia scraps sales tax plan for miners, seeks to limit budget deficit
Zambia, the Africa’s second-largest copper producer, had decided not to replace its value added tax on miners with a previously planned non-refundable sales tax
Argentine Presidential front-runner Fernandez pledges to bend debt-deadlock
On Friday, the likely winner in Argentina’s presidential election scheduled to be held on October 27th, populist Alberto Fernandez had reassured potential creditors on a $100 billion bond issue
US consumer spending barely rose in August, underscores risks to economy
On Friday, US Commerce Department had revealed another set of slanderous economic data highlighting a growing underlying risk on United States’ record 10-year long economic expansion
Oil shipping rate soars 28% overnight after US sanction on COSCO
Oil freight rate from Asia to Middle East torrented more than 28 per cent overnight on Friday, the 27th of September 2019, after global oil freight market was overwhelmed by a US decision to put sanction on COSCO
Oil posts weekly loss as supply frets wane
On Friday, the 27th of September 2019, both US and UK crude had posted weekly loss following a much faster-than-anticipated recovery of Saudi Aramco output
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