Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll
Taiwan's exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub...
Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan...
European Stocks Edge Higher; German Industrial Production Impresses
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as stronger-than-expected German industrial production. At 03:45 ET (08:45 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France gained 0.2%...
Offline retail, malls have gone through a painful pandemic year. Will 2021 be any better?
here are many excellent economics blogs out there. Whether you want to read commentaries on economic policy, find out what people are currently researching, or simply keep up-to-date with the latest economic happenings across the world, there are blogs for all tastes. Economics bloggers vary...
UniCredit Hikes Payout Goal By 40% After Record Rofit
UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses...
Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows
in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to €9.52 billion (€1 = $1.0883), down from an increase of 2.5% in the prior...
Will biometric cards change the way benefits are dispensed?
Humanity’s evolving nature has propelled it up the food chain, from prey to planetary predator. Just 60,000 years ago, homo sapiens roamed the earth, insignificant and insecure, their existence of little consequence. Life, as Thomas Hobbes put it, was ‘nasty, brutish, and short’. Fast...
U.K. Unemployment Rose Less Than Feared in December
The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the...
Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world's largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey...
4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings
Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The expansion includes new industry solutions, the AI Navigator for Enterprise platform, a Center for Advanced AI, and doubling their AI talent to 80,000 people....