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European markets open slightly lower after China manufacturing data disappoints

European markets open slightly lower after China manufacturing data disappoints

by EFSD | Apr 30, 2019 | Economic News

The pan-European Stoxx 600 was down around 0.2% shortly after the opening bell, with most sectors and major bourses in negative territory.Official and private business surveys published Tuesday showed the manufacturing sector in the world’s second-largest economy...
In a trade deal with China, the US may get an empty shell

In a trade deal with China, the US may get an empty shell

by EFSD | Apr 29, 2019 | Economic News

China accepts trade rules and practices it claims to have never violated, and wants WTO at the core of an open, transparent and rules-based multilateral trading system.Beijing will not submit to an intrusive American trade enforcement procedure with triggers of...
Russian market is ‘ripe for disruption,’ CEO of Tinkoff Bank says

Russian market is ‘ripe for disruption,’ CEO of Tinkoff Bank says

by EFSD | Apr 28, 2019 | Economic News

Alongside state bank Sberbank, private player Tinkoff Bank has been one of the leading banks in the Russian fintech (financial technology) space.It comes at a time when investors are increasingly turning to equity markets as a way of keeping and growing their wealth....
Belt and Road: China showcases initiative to world leaders

Belt and Road: China showcases initiative to world leaders

by EFSD | Apr 25, 2019 | Economic News

World leaders are gathering in Beijing from Thursday for a summit on China’s Belt and Road initiative amid growing criticism of the project. The sweeping infrastructure project aims to expand global trade links. The initiative has funded trains, roads, and ports...
Autos drag European markets lower amid earnings; Wirecard shares jump 8%

Autos drag European markets lower amid earnings; Wirecard shares jump 8%

by EFSD | Apr 24, 2019 | Economic News

The pan-European Stoxx 600 was down around 0.25% shortly after the opening bell, with most sectors and major bourses in negative territory.Credit Suisse reported an increase in first-quarter net profit on Wednesday, beating analyst expectations. Shares of the lender...
« Older Entries

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Fed wants low profile but may repeat that the economy needs stimulus

The growing U.S. deficit raises questions about funding as China cuts U.S. debt holdings

Oil prices slip 3% as Europe widens lockdowns

Government support ‘essential’ for UK economy, says IMF

Dollar firm as virus’ spread and stimulus stalemate raise caution

IMF says Asia’s economy will shrink more in 2020 than it previously thought

China’s electric car strategy is starting to go global – and the U.S. is lagging behind

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