Europe’s biggest economy shrank 0.2 percent in the third quarter compared to the previous period. Economists are not worried and believe it is just a temporary slip. Germany’s gross domestic product (GDP) shrank 0.2 percent...
There were company-specific debacles that sank some of the gorillas, such as Goldman Sachs, Apple, and – oh gosh, not again – GE; and there was the general issue of fears circulating that the bull...
Hunger levels have been rising for three years in a row, states a new report by the UN’s Food and Agriculture Organization. In 2017, Africa and South America saw the highest increase. One in nine...
Markets were the lead story in October and definitely not a happy one. Instability, Rotation, Fed tightening, Trumpian unorthodoxy, Italian recalcitrance, Brexit ineptitude and, of course, the all-conquering overvalued FAANGs: all of them have contributed...
We are in a new phase of playing games: first, to avoid being blamed for a damaging divorce and second, the purely domestic (parochial?) contest to gain the keys to 10 Downing Street. These games...
Warnings of volatility are issued too often and I try to avoid them. Nevertheless, looking at the London Stock Exchange’s Risers and Fallers these days can make one’s eyes water. Last week I wrote a piece...
Monday early afternoon, the US KBW Bank index, which tracks large US banks and serves as a benchmark for the banking sector, is down 2.5% at the moment. It has dropped 17% from its post-Financial...
Fixed-income investors – a financially conservative bunch buying Treasury securities, FDIC-insured CDs, and similar products that largely eliminate risk – have been getting crushed for a decade: Except for brief periods when inflation dipped to...
Overview: The US dollar is trading with a softer bias in tight ranges. The euro and sterling have been confined to yesterday’s ranges, while the greenback briefly traded above JPY113.00 for the first time in...
With at least 135,000 people killed annually in road accidents, India has more traffic fatalities than anywhere in the world. Without coherent regulations, this number is set to grow. Murali Krishnan reports. In one of...
Foreign private-sector investors and “foreign official” investors – central banks, governments, etc. – whittled down their holdings of US Treasury Securities by $21 billion at the end of July, compared to a year ago, to...
The US dollar is beginning the new week on a soft note, as China threatens not to accept the invitation for trade talks in Washington if the US imposes new tariffs on $200 bln of...
