economy news

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  • China Factory Activity Slowdown Indicates Slower Economic Recovery
    China
    China's manufacturing Purchasing Manager's Index dropped to 50.1 in August, while its non-manufacturing PMI contracted to 47.5 points.
  • Biden’s Cabinet Hints At Multilateral Approach To China-U.S. Ties
    Joe R. Biden
    President-elect Joe Biden’s cabinet nominees dropped hints about different approaches to China-U.S. ties.
  • Southeast Asia Economy: Countries Projected To Recover In 2021
    Vietnam
    Some analysts have put their hopes on several Southeast Asian nations for a rebound.
  • South Korea Industry Clawing Back, Consumption Down In November: Data
    FILE PHOTO: The logo of Hyundai Motors is seen on a steering wheel on display at the company's headquarters in Seoul
    Retail sales dropped again as people were unable to go out to shop as a result of virus restrictions.
  • COVID Squeezes Germany Economy In Second Quarter
    STRONG FIGURES
    Germany’s second quarter was a “complete disaster – everything was in free fall," VP Bank says
  • Silver Prices Hit Seven-Year High, Outpacing Gold Surge
    Silver Prices
    Silver prices jumped by over 18 percent this week, trading as high as $23.24 per ounce, its highest level in over seven years.
  • Coronavirus Crisis May Stall Expected 2020 Global Growth, Experts Say
    NY Stock Exchange
    The coronavirus situation in China and beyond is building a dark cloud on global economy projections as new cases pop up outside the CoVID-19’s origin country.
  • Experts Suggest Overreaction To Coronavirus Could Harm Economy
    Coronavirus
    Some experts believe there is an overreaction around the coronavirus. Will this trend have an impact on the global economy?
  • China’s Central Bank Cuts Reserves To Bolster Economic Growth
    China economy
    China moved to stimulate the economy by reducing the amount of cash reserves in financial institutions.
  • Singapore Snaps Manufacturing Growth Streak
    Singapore
    Singapore’s manufacturing output declined in November following months of stable growth.
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