Consumer credit – auto loans, student loans, and revolving credit such as credit card balances and personal loans, but not housing-related debt such as mortgages and HELOCs – grew 5.4%, or by $208 billion, in...
For almost a year now, recreational marijuana can be legally sold and purchased in Canada. But what looks like a once-in-a-lifetime business opportunity is proving to be an elusive pot of gold, reports Nicolas Martin....
It’s official now! A draft bill is prepared to ban cryptocurrency lock, stock and barrel in India. India, more precisely its bureaucracy, christened as ‘Inter-Ministerial Committee’, has submitted a bill which has not only criminalized...
India’s Gross Government Debt as a Percentage of GDP lies between 61-68 Percent till 2019-2023, unless some drastic measures. (IMF Forecasts, 2018-19), which is comparable to China and lower than Advance Countries Projections of Government Debt to GDP.In such...
The US central bank cut interest rates for the first time since 2008, citing concerns about the global economy. The move comes amid economic uncertainties amid President Donald Trump’s trade wars and Brexit. The Federal...
Amid US efforts to isolate the company, Huawei has benefited from new 5G contracts and millions of smartphone sales. But the company’s chairman made clear that it “may affect the pace of our growth in...
Overnight, China has published as usual data miraculously soon after the end of the period to which they relate. The way had been prepared for a drop in Q2 GDP to a 27-year low of...
SoftBank has apparently dropped Saudi Arabia as an investor for its new fund after the assassination of journalist Jamal Khashoggi. It has vowed to accelerate the “AI revolution” through investment in leading companies. Japan-based SoftBank...
1. As soon as it was clear that the ECB was not easing today, the euro began to recover, after making a marginal new low for the year (just above $1.11). 2. Draghi made it...
Hardly any German boss is better connected than Josef Kaeser, the CEO of industrial giant Siemens. Though his actions often send mixed signals, it’s no wonder when taking into account the global footprint of his...
The Money Supply in the Country is impacted by several Interest Rates existing in the country. In this article we are exploring various terms and trying to understand what it means in the context of ...
More than 100 firms have applied to list on the STAR market, which is expected to channel billions to the tech sector. China’s past failures at creating its own Nasdaq are prompting some investors to...
