Hong Kong On the Verge of Recession as Trade War IntensifiesEconomy

Hong Kong On the Verge of Recession as Trade War Intensifies

Hong Kong is on the verge of its first recession in a decade as violent anti-government protests intensify. It scares…

Hong Kong Exposes $3.4 Billion As Protest Knocks the EconomyEconomy

Hong Kong Exposes $3.4 Billion As Protest Knocks the Economy

On Thursday, the Hong Kong government revealed a HK$19.1 billion ($2.4 billion) package. This is to support a slowing economy…

Australian Wool Prices Plunge on US-China Trade GapEconomy

Australian Wool Prices Plunge on US-China Trade Gap

Wool prices in Australia, the world’s dominant exporter, are declining. It was after Chinese mills shut their order books, with…

Hong Kong protests at the international airportEconomy

Hong Kong protests at the international airport

Hong Kong protests were going on at the international airport. These protest consisted of young HK nationals wearing black t-shirt…

NZRB slashes rates by 50 basis pointsEconomy

NZRB slashes rates by 50 basis points

The Reserve Bank of New Zealand cut its official cash rate by 50 basis points. The OCR is now at…

Trump Escalates His Trade War with ChinaEconomy

Trump Escalates His Trade War with China

U.S. President Donald Trump just intensified the tariff war with greater China, saying that he would impose an additional 10%…

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…