Aussie’s Central Bank to Act once Covid Curbs Halted EconomyEconomy

Aussie’s Central Bank to Act once Covid Curbs Halted Economy

On Tuesday, August 17, Aussie’s central bank announced it would take action once the country’s widened Covid-19 curbs were halted.…

Biden urges Congress to Impose Sanctions for Drug Hike PriceEconomy

Biden urges Congress to Impose Sanctions for Drug Hike Price

On Thursday, August 12, US President Joe Biden urged Congress to impose sanctions on drugmakers that will hike prices on…

US Senate Passed the $3.5T Plan, Debates on Biden’s AgendaEconomy

US Senate Passed the $3.5T Plan, Debates on Biden’s Agenda

On Tuesday, August 10, the US Senate passed the $3.5 trillion budget plan and proceeded to debate President Joe Biden’s…

Federal Reserve to Gradually Begin Tapering Assets SoonerEconomy

Federal Reserve to Gradually Begin Tapering Assets Sooner

Dallas Federal Reserve President Robert Kaplan stated that the central bank should gradually begin tapering assets sooner than later. He…

Huawei Revenue Falls 29% in the First HalfEconomy

Huawei Revenue Falls 29% in the First Half

Huawei Technologies revenue fell by almost a third in the first half of 2021. U.S sanctions were hampering the growth…

U.S. Visitors to be Required to Get Vaccinated before EntryEconomy

U.S. Visitors to be Required to Get Vaccinated before Entry

The United States is likely to re-open gradually to international visitors. With that, foreign visitors will eventually need to have…

German Service Sector Jumps after Lockdown LiftedEconomy

German Service Sector Jumps after Lockdown Lifted

In Germany, the IHS Markit’s final services Purchasing Managers’ Index (PMI) climbed to 61.8 in July, rising from 57.5 in…

Reserve Bank of Australia to Stick with Taper PlanEconomy

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…

High Costs Hurt Factory Activity in Asian CountriesEconomy

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…

Japanese Govt Considers New Stimulus PackageEconomy

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…