Economy News

Japan December Factory Output, Retails Sales Seen Falling

Japan's industrial production likely dropped again in December and retail sales also expected to have slipped, reinforcing concerns. Worries that…

3 years ago

IMF Approves $2.7B Line of Credit to Panama

The International Monetary Fund (IMF) on Tuesday said it approved for Panama a $2.7 billion line of credit. This was…

3 years ago

Bank of Japan’s Policy Review, More Flexible ETF Buying

The BOJ will likely focus on measures to make its purchases of risky assets, including exchange-traded funds (ETF), more flexible.…

3 years ago

Former HK Lawmaker Rejects HSBC’s Explanation

Ted Hui, the former lawmaker in Hong Kong, has renewed his criticism of HSBC for freezing his local bank accounts.…

3 years ago

Retail Sales, Bank Earnings, Muted Stimulus Response

Markets expect U.S. retail sales to have fallen in December under the impact of spreading lockdown measures. Lockdowns now seem…

3 years ago

Powell Speech, Jobless Claims, Stocks Fla

President-elect Joe Biden will disclose details of his stimulus plans. The extra stimulus is to further help the economy through…

3 years ago

Couche-Tard/Carrefour, EIA, CPI

Alimentation Couche-Tard, a Canadian company that owns Circle K, is in talks to buy French-based Carrefour.  The deal is worth…

3 years ago

European Bourse Traded Flat, Investors Monitor US Politics

European bourse is mostly quiet for the day as investors in the old continent remain cautious with their bets.  …

3 years ago

Fed at Year-end Tapering of Bond Purchases, Stocks to Bounce

Officials at the U.S. central bank hinted that they would be open to the idea of tapering the bank’s bond…

3 years ago

Saudi Crown Prince Launches Zero-carbon City

Saudi Arabia's crown prince disclosed plans on Sunday to build a zero-carbon city at NEOM. It is the first major…

3 years ago

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