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”...
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...
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...
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...
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...