The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets...
New Zealand posted a 12.2% second quarter fall in its GDP as the country entered a coronavirus-induced recession. It is the largest fall since comparable records began. New Zealand on Wednesday entered recession with a...
The UK government has confirmed rumors that had been circulating Westminster in recent days that it intends to alter the Brexit deal it negotiated with the European Union. The move has been widely condemned as...
Agricultural debt is one of the dominant problems in rural India today and relief from debt assumes great significance to the agricultural borrowers. India had seen two big farm loan waivers- one in 1990, an...
The US government said Europe had not done enough to be in compliance with WTO decisions. The EU has called for intensified efforts to resolve the trade dispute. European trade groups reacted with regret and...
The third decade of the 21st century is witnessing the biggest scatting, deadly, and the most cowardly attack on humanity. Covid-19 has hugely affected the lives and livelihoods of billions of people across the world...
Disney’s decision to release its $200 million ‘Mulan’ online might help short-term but digital revenues won’t make up for billions lost at the box office. This week Disney shocked cinema owners around the world when it announced...
The 24th Monetary Policy committee meeting has come as a reprieve for the banks and the NBFCs who were getting into a deep trouble because of ‘Moratorium’ and further impact of the same on credit...
Argentina owes a fortune — $323 billion (€274 billion) as of the end of 2019 — which it cannot pay back. That has been the case for many years. It owes several billion to the...
The drop in US yields to new lows amid paralysis in Washington, except apparently over a lip-syncing app’s threat to US national security, sent the dollar back to its lows after a modest recovery in...
The new security law Beijing imposed on Hong Kong and the ongoing political turmoil cast a dark shadow on the financial hub’s competitiveness and attractiveness to international business. Hong Kong Chief Executive Carrie Lam announced...
The powerful momentum moves in the capital markets continues unabated by escalating US-China tensions and continued spread of the virus. Asia Pacific equities were mixed. Tokyo was closed for a holiday, but several other large...