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Labour’s Corbyn to exclude NHS, medicines from trade deal with US

Labour’s Corbyn to exclude NHS, medicines from trade deal with US

On Saturday, the 16th of November 2019, the UK opposition leader Jeremy Corbyn of Labour Party told that the party would exclude the United Kingdom’s medicines alongside National Health Service from US trade deals

Global debt-pile to top record $255 trillion by year-end, says IIF

Global debt-pile to top record $255 trillion by year-end, says IIF

On Friday, the IIF had released a research report according to which the global debt-pile was well-poised to wind down 2019 with a record high of more than $255 trillion

Vietnam’s coal, crude oil import soar as it benefits from Sino-US trade war

Vietnam’s coal, crude oil import soar as it benefits from Sino-US trade war

Vietnamese government data released earlier this week had depicted an upbeat portrait of the Southeast nation’s fast-growing economy

Industry-grade metals suffer weekly losses as demand outlook weakens

Industry-grade metals suffer weekly losses as demand outlook weakens

On Friday, the 15th of November 2019, copper alongside other industrial metals had wrapped up the day with a robust gain, but posted weekly declines between 3% to 7%

Crude oil torrents 2 per cent despite concerns over supply glut

Crude oil torrents 2 per cent despite concerns over supply glut

On Friday, both US and Brent crude cruised more than 2 per cent higher after two top US officials had expressed optimism over a Sino-US interim trade deal in a near-term outlook

Chile’s stock market climbs on plans to ditch dictatorship-era constitution

Chile’s stock market climbs on plans to ditch dictatorship-era constitution

On Friday, the stock exchange of Chile, the LATAM nation which had been blazing over a multi-month protest against economic inequality and a heightening up of gap between the riches and poor, had posted its largest intra-day gain in more than eleven years

Prudent policy for China Central Bank to prevent inflation from spurring up

Prudent policy for China Central Bank to prevent inflation from spurring up

Earlier on Saturday, the 16th of November, the People’s Bank of China (China’s Central Bank) had issued a statement saying that it would be open to a practical monetary policy in a bid to prevent inflation from spurring up.

US retail sales a mixed bag, manufacturing tumbles; US Dollar index plunged

US retail sales a mixed bag, manufacturing tumbles; US Dollar index plunged

On Friday, the 15th of November 2019, economic data released from US Commerce Department had orchaestrated a steep moderation of US economy, while Friday’s (November 15th) data had also revealed a slight rebound in retail sales

US and China ‘getting close’ to trade deal: White House adviser Kudlow

US and China ‘getting close’ to trade deal: White House adviser Kudlow

Late on Thursday, reigniting hopes of a Sino-US interim trade deal, White House Economic Adviser, Larry Kudlow told that the leading negotiators of Washington and Beijing were getting very close to reach a trade accord

Hong Kong confirms economy enters recession amid protests, trade conflicts

Hong Kong confirms economy enters recession amid protests, trade conflicts

On Friday, the 15th of November 2019, government data reveals that the largest business HubSpot in Asia, Hong Kong, had entered into a technical recession for the first time in a decade during Q3, 2019

US House Speaker Nancy Pelosi aims to ratify USMCA pact by year-end

US House Speaker Nancy Pelosi aims to ratify USMCA pact by year-end

On Thursday, US House Speaker Nancy Pelosi said that a breakthrough development in talks to pass a USMCA (United States, Mexico & Canada) trade pact might be forthcoming earlier-than-expected

China to lift US poultry ban, will boost US exports by $1 billion per annum

China to lift US poultry ban, will boost US exports by $1 billion per annum

On Thursday, US Agriculture Secretary, Sonny Perdue, and the USTR, Robert Lighthizer, said in a joint statement that aside from lifting a ban on US poultry products, China had also pledged to boost US exports by roughly $1 billion per annum

US consumer prices soar to seven-month-peak as healthcare, energy cost rise

US consumer prices soar to seven-month-peak as healthcare, energy cost rise

On Wednesday, the 13th of November 2019, data released from US Labour Department had offset some of the recession-related concerns, as US consumer prices soared by the most in seven months in October

Russia to ditch US Dollar to safeguard economy, mulls Chinese Yuan instead

Russia to ditch US Dollar to safeguard economy, mulls Chinese Yuan instead

On Wednesday, the 13th of November 2019, Deputy Finance Minister of Russia, said that the upper-middle income nation would soon begin to dump its share of American Dollar

China October new bank loans drops to 22-month low, more easing expected

China October new bank loans drops to 22-month low, more easing expected

On Monday, China’s Central Bank had released a monthly bank loan report for October according to which the Peoples’ Bank of China had been witnessing a sharp downturn of new bank loans in China, a critical indicator for investment appetite

China factory prices falter, inflation spikes to near eight-year peak

China factory prices falter, inflation spikes to near eight-year peak

On Saturday, China’s National Bureau of Statistics (NBS) had revealed another series of slanderous economic data amid a tempestuous outlook on Sino-US trade talk, a slow progress on which had still been keeping the global money markets in a lid

French EDF seeks to spend €46 billion to build 6 nuclear reactors

French EDF seeks to spend €46 billion to build 6 nuclear reactors

Paris-based French government-owned Électricité de France SA said later this week that it might require as little as €46 billion in order to build six of its new-generation EPR nuclear reactors

Sudan in dire strait calls for $5 billion in aid to prevent a collapse

Sudan in dire strait calls for $5 billion in aid to prevent a collapse

On Thursday, the 7th of November, Finance Minister of Sudan said in an interview with a press agency, that, an once-flourishing economy of Sudan back in the 2000s would require as much as $5 billion in budget aid

Indian government comes under IMF's fire for fiscal lack of transparency

Indian government comes under IMF's fire for fiscal lack of transparency

The IMF also said the Indian government was a "laggard" entity among the entirety of the G20 nations' hub

China says US agrees to undo tariff hikes in phases

China says US agrees to undo tariff hikes in phases

On Thursday, the 7th of November 2019, Chinese commerce ministry had issued a statement saying that the leading negotiators of China and the United States had agreed to suspend tariff hikes in multiple phases

After India declines signing RCEP, China steps forward to assuage concerns

After India declines signing RCEP, China steps forward to assuage concerns

India decided against the free-trade movement deal as it felt it would not benefit Indian commercial interests

Facebook’s Libra may come under some existing rules: Watchdogs

Facebook’s Libra may come under some existing rules: Watchdogs

n Monday, the 4th of November 2019, Madrid-based global securities watchdog IOSCO said that existing securities legislations could be applied to “stablecoin” digital currency initiatives likes of Facebook proposed Libra

US factory orders falter in September, core capital goods revised down

US factory orders falter in September, core capital goods revised down

On Monday, the 4th of November 2019, the US Commerce Department had revealed a basket of baleful economic data including a faltering US factory orders last month alongside a persistent downward spiral in business spending

India rejects China-backed Asian trade deal, as 15 others to forge ahead

India rejects China-backed Asian trade deal, as 15 others to forge ahead

On Monday, the 4th of November 2019, Beijing had agreed to join an existing trade pact of 14 Southeast Asian nations, what might have been the world’s largest trade bloc unless India had decided to pull itself out of the deal at a last-ditch call

UK PM rejects calls for no-deal Brexit ahead of December 12th election

UK PM rejects calls for no-deal Brexit ahead of December 12th election

On Saturday, the UK PM Boris Johnson was met with sheer criticism from a Brexit party leader, Nigel Farage, after the newly appointed PM of the United Kingdom had swayed away from his earlier call for a Brexit by any means

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