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19 March
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Biden and Xi took big step to reduce tensions between US and China
US officials had little hope of reaching any kind of noticeable success before the meeting Joe Biden and Xi Jinping had in Bali on Monday evening.
15 November 2022
China keeps rate unchanged, balancing economic risks
The People's Bank of China (PBOC) on Tuesday extended the maturity of medium-term loans and also kept their interest rate unchanged. The interest rate has remained the same for three months. Probably, officials suggested that the yuan could weaken further with a looser monetary policy.
15 November 2022
Amazon will cut 10,000 jobs this week
Amazon plans to carry out wide-reaching firings of about 10,000 workers this week, as reported by the New York Times, citing unnamed sources.
15 November 2022
Turmoil in the cryptocurrency market shows possible risks for the financial system
In the recent turmoil in the cryptocurrency market, the Federal Reserve’s top Banking Regulator sees a warning for the financial system as a whole.
15 November 2022
Switzerland is highly likely to raise key rate again
According to a statement made by President of The Swiss National Bank Thomas Jordan, there’s a high possibility of another rate hike in December.
15 November 2022
Sunak points out that he will keep a "triple lock" on the U.K. state pension
Tax and spending information is expected on Thursday. British pensioners got the clearest hint from Prime Minister Rishi Sunak that he will stand up to protect them
15 November 2022
The fall of prices in New Zealand is the strongest from the 1990s
In New Zealand, the October price index faced the most serious fall in 30 years. The sales volume was very low. Many expected that housing prices would fall more than economists supposed.
15 November 2022
UK unemployment rate rises to 3.6%, the number of job vacancies reduces again
In the three months through September, the number of unemployed in Great Britain rose to 3.6 percent.
15 November 2022
Stock from drilled oil production wells in the U.S. rose for the first time in more than 2 years
The number of uncompleted oil and gas wells (DUC) increased by 8 to 4,408 in October this year compared with the previous month, the U.S. Energy Information Administration said Monday.
15 November 2022
Dollar growth bets have fallen to their minimum for the year
Reuters calculations and information from the U.S. Commodity Futures Trading Commission show that speculators' net long positions
15 November 2022
