Economy

Reserve Bank of Australia to Stick with Taper Plan

The lockdown in Sydney is about to push the Australian economy into contraction this quarter. Despite this, however, the Reserve…

3 years ago

High Costs Hurt Factory Activity in Asian Countries

The Asian factory activity was hit in July as rising costs and a resurge of COVID-19 infections obscured a firm…

3 years ago

Japanese Govt Considers New Stimulus Package

Over the past year, the Japanese government has deployed massive stimulus packages totalling $3 trillion. The stimulus which was used…

3 years ago

U.S. Congress Passes $2.1B for Capitol Police and Afghans

A $2.1 billion bill was passed by the Senate by a vote of 98-0. The House of Representatives then approved…

3 years ago

Stimulus and Vaccines Likely Boosted Q2 US Economic Growth

The pace of U.S. economic growth in Q2 was probably the second fastest in 38 years. This could be attributed…

3 years ago

Biden Eyes Future Digital Project

The Biden administration is set to announce on Tuesday a new plan to expand business ties between U.S. companies and…

3 years ago

ECB sets New Policy amid COVID’s Third-Wave Outbreak

The ECB announced its policymakers would set a new policy path due to COVID-19’s third wave amid surging infections. It…

3 years ago

Russia’s Key Interest Rate Rises to 6.5%

The central bank of Russia raised its key interest rate to 6.5% from 5.5% on Friday. It is the country’s…

3 years ago

U.S. Retailers Prepare for Back-to-school; AAP Mask Policies

As U.S. retailers prepare for Back-to-school, they face challenges including higher production costs and sky-high shipping rates. Additionally, they are…

3 years ago

EU Banks Credit Standards for Loans in Q3; Inflation Target

Surveys have shown that corporate and household loan demand in Europe is likely to surge in the third quarter. The…

3 years ago

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