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Portugal becomes the first euro zone country to issue debt on China’s market

Portugal becomes the first euro zone country to issue debt on China’s market

by EFSD | May 30, 2019 | Economic News

Portugal’s Finance Minister Mario Centeno told CNBC that the issuance is a “positive step in managing Portugal’s external debt in the medium term.” Portugal has become the first ever euro zone country to issue bonds denominated in the Chinese yuan. Known as “Panda”...
Indian consumption is slowing, so the country is looking for a boost from exports

Indian consumption is slowing, so the country is looking for a boost from exports

by EFSD | May 29, 2019 | Economic News

Sanjeev Sanyal, principal economic advisor at India’s Ministry of Finance, says his country’s is planning for an “exports-oriented economic policy.”India’s slowing consumption-fueled growth has been flagged as a serious concern this year, amid falling sales in...
The US-China trade war is a net positive for Malaysia, says prime minister’s advisor

The US-China trade war is a net positive for Malaysia, says prime minister’s advisor

by EFSD | May 28, 2019 | Economic News

The U.S.-China trade war is predicted to add around 0.1 percentage points to Malaysia’s gross domestic product, said Muhammed Abdul Khalid, an economic advisor to Prime Minister Mahathir Mohamad.Looking to circumvent additional U.S. tariffs, manufacturers based in...
Trump says he expects trade gap with Japan to be ‘straightened out rapidly’

Trump says he expects trade gap with Japan to be ‘straightened out rapidly’

by EFSD | May 27, 2019 | Economic News

“Trade-wise, I think we’ll be announcing some things, probably in August that will be very good for both countries,” U.S. President Donald Trump said Monday during a state visit to Japan, according to Reuters. “We’ll get the balance of trade, I think, straightened out...
US core capital goods orders tumble; shipments are flat

US core capital goods orders tumble; shipments are flat

by EFSD | May 26, 2019 | Economic News

New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing after a growth spurt in the first quarter.The slowdown was driven by exports and a buildup of inventories.Orders for...
« Older Entries

Brent crude tops $40 after Biden’s win lifts risk-takers

Environmental protection must be at core of socio-economic development targets: experts

Malaysia’s upcoming budget could test support for its embattled prime minister

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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