Evergrande Misses Paying Bond Interest Due WednesdayEconomy

Evergrande Misses Paying Bond Interest Due Wednesday

According to two bond holders, China Evergrande Group missed its second offshore bond payment due on Wednesday. Although it made…

China Power Crisis, Dollar Eases, Stocks UpEconomy

China Power Crisis, Dollar Eases, Stocks Up

China’s benchmark equity indices declined as much as 1.8%. Worries that power supply will hit economic output toward the end…

It’s All Smiles For Gain Capital UKEconomy

It’s All Smiles For Gain Capital UK

Despite the tough economic climate, StoneX Group’s financials show that they have had a profitable year. For 2020 alone, Gain…

Slowing Growth, Rising Inequality in East Asia:  World BankEconomy

Slowing Growth, Rising Inequality in East Asia: World Bank

Major setbacks in East Asian countries in recovering from coronavirus add to concerns that the resurgent pandemic will widen the…

German Inflation could Accelerate and Stay above 2%Economy

German Inflation could Accelerate and Stay above 2%

German inflation is likely to speed up further and stay above 2% through mid-2022, exceeding the European Central Bank’s (ECB)…

$2.3 Billion in Aug. Rental Aid DisbursedEconomy

$2.3 Billion in Aug. Rental Aid Disbursed

State and local governments disbursed over $2.3 billion in Emergency Rental Assistance Program funds in August. The U.S. Treasury on…

Kono says Japan must Avoid Yen FallEconomy

Kono says Japan must Avoid Yen Fall

Taro Kono, a contender in the ruling party leadership race, on Thursday said Japan’s government and central bank must work…

Germany’s Ifo Institute Cuts 2021 Growth Forecast to 2.5%Economy

Germany’s Ifo Institute Cuts 2021 Growth Forecast to 2.5%

Germany’s Ifo economic institute has slashed its growth estimate for the country this year. Europe’s largest economy’s recovery is slowed…

ECB Acknowledges Risk of Price GrowthEconomy

ECB Acknowledges Risk of Price Growth

Despite the European Central Bank (ECB) policymakers’ statements that the recent inflation surge is temporary, more people are now acknowledging…

Thailand Increases its Public Debt Ceiling to 70%Economy

Thailand Increases its Public Debt Ceiling to 70%

The government of Thailand has raised the ceiling of its public debt-to-gross domestic product (GDP) ratio to 70% from 60%, …