The Dutch economic growth is set to slow this year and next as global headwinds such as trade tensions and geopolitical factors weigh on exports. The Bureau of Economic Policy Analysis, or CPB, which is the government forecasting agency, projected Read More
Singapore’s non-oil domestic exports declined the most in more than three years in May as shipments to almost all major markets, especially to China, plunged from a year ago amid escalating trade disputes. NODX fell 15.9 percent in May from Read More
The U.S. dollar advanced against major currencies on Wednesday, recovering some of its recent losses, as traders looked ahead to the Federal Reserve’s monetary policy, due next week.
A closely watched report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of May. The report also showed a slowdown in the annual rate of consumer price growth, further fueling Read More
Total manufacturing volume in New Zealand climbed a seasonally adjusted 2.0 percent on quarter in the first three months of 2019, Statistics New Zealand said on Tuesday.
Suggesting a weak start to the second quarter, Germany’s industrial production and exports declined more-than-expected in April as global trade disputes and Brexit took a toll on foreign demand. Elsewhere, the Bundesbank downgraded the growth projections for the biggest euro Read More
Economic activity in the U.S. expanded at a modest pace overall from April through mid-May, according to the Federal Reserve’s Beige Book released on Wednesday. The Beige Book noted the assessment of the overall economy reflected a slight improvement over Read More
Amid growing concerns escalating global trade tensions could spark a recession, Federal Reserve Chairman Jerome Powell has pledged the central bank will take appropriate actions to sustain the U.S, economic expansion. Powell mentioned recent developments involving trade negotiations and other Read More
Over 200 biggest global companies in the world have predicted that they face nearly $1 trillion risk from climate change, most of which is likely to be incurred over the next five years, a report said Tuesday.
After reporting a substantial increase in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Tuesday showing factory orders pulled back in the month of April. The report said factory orders slumped Read More