Swedish, French Economies Contract UnexpectedlyEconomy

Swedish, French Economies Contract Unexpectedly

Sweden’s economy unexpectedly contracted during the second quarter and dampened enthusiasm to Riksbank’s view to increase rates further. For figures,…

Possible Rate Cut of Fed Over A DecadeEconomy

Possible Rate Cut of Fed Over A Decade

In July, a quarter-point Federal Reserve interest rate cut is almost a done deal. It was according to economists in…

Pound Fluctuates on Johnson VictoryEconomy

Pound Fluctuates on Johnson Victory

The British pound fluctuated as Boris Johnson claimed victory as the winner of the Conservative Party leadership contest. Johnson starts…

Trump’s “Misleading” Deals Rebuffed by ChinaEconomy

Trump’s “Misleading” Deals Rebuffed by China

On Tuesday, the desire of Beijing to have a trade agreement with the United States due to the slowing economy…

Lagarde Prepares to be ECB PresidentEconomy

Lagarde Prepares to be ECB President

Christine Lagarde is grooming to be the next ECB president, and she is apparently awaiting confirmation in October. This comes…

Deutsche Bank Plans to Trim 18,000 JobsEconomy

Deutsche Bank Plans to Trim 18,000 Jobs

An overhaul that costs 7.4 billion euro is needed to turn around Germany’s struggling flagship lender and 18,000 jobs in…

India: Modi Kicks Off Structural ReformsEconomy

India: Modi Kicks Off Structural Reforms

Prime Minister Narendra Modi of India said his government would like to offer foreign investors a bigger role in the…

Korea Finance Minister Warns Japan CountermeasuresEconomy

Korea Finance Minister Warns Japan Countermeasures

On Thursday, as a row over forced wartime labor threatened to disrupt global supplies of memory chips and smartphones, South…

Global GDP: Global Worries Rise as UK Economy DeclinesEconomy

Global GDP: Global Worries Rise as UK Economy Declines

The United Kingdom’s economy appears to have sunk for the first time since late 2012 in the quarter ended in…

Australian Bank: Aussie Banks’ Stocks Fall after RBA CutEconomy

Australian Bank: Aussie Banks’ Stocks Fall after RBA Cut

Stocks from the so-called “Big Four” banks in Australia declined between 0.73% and 1.2% in the 24 hours after the…