Economy

Fed claims U.S. economy is improving, but it will take time Federal Reserve Governor Lael Brainard spoke about the U.S. economic outlook on Wednesday. She mentioned…

U.S. Economy Optimism is soaring due to vaccine rollouts  Optimism over the U.S. economy rebound continues soaring, boosted by the coronavirus vaccine rollouts and…

Credit Suisse lost $4.7 billion over Archegos Capital scandal Credit Suisse announced that several high-level staff is stepping down from their roles on Tuesday. It…

Saudi Arabia plans to increase oil prices for Asia  Oil prices tumbled down in early Asian trade on Monday. OPEC+ declared last week that it is willing to gradually…

Pakistan refuses to import goods from India due to Kashmir  The Cabinet of Pakistan decided not to allow imports of cotton and sugar from India. This decision is in…

Economic Data From Major Economies Helped to Boost Stocks Asia is home to some of the largest economies in the world, such as China, Japan, South Korea, and some…

Pfizer wants to vaccinate teens due to great test-results Pfizer one of the most effective Covid-19 vaccine. But thus far, it has been distributed among the adults.…

Chinese diplomat called Canada the U.S.'s "running dog"  China and Canada's relationship has been deteriorating steadily during the recent months. The two countries…

Joe Biden says the U.S. economic outlook is positive   U.S. President Joe Biden spoke about America’s economic outlook on Thursday. According to the President, the…

AstraZeneca changed its data saying vaccine is 76% effective  Drug giant AstraZeneca produces one of the covid-19 vaccines. The AstraZeneca version works fairly…

China Responded to Global Pressure with its Own Sanctions   China is under pressure once again, this time from several major countries. On Monday, the U.S., Canada,…

Europe may reach herd immunity by July. What about U.S.?  Covid-19 vaccine rollouts continue in Europe and the U.S. The European Centre for Disease Prevention and…

Brent oil declined in Asia as the U.S. dollar strengthened According to the latest news, Brent oil declined in Asia as the U.S. dollar strengthened. Oil resumed…

The U.S. will have 100 million people vaccinated soon   The coronavirus vaccination process accelerated in the U.S. over the last month. On Thursday, President Joe…

Hong Kong gains 4th place in financial center rankings  Hong Kong has released a new study about its economy. It seems the country's standing among global financial…

The AstraZeneca COVID-19 Vaccine risks – Is it safe?  A covid-19 vaccine has the power to save thousands of lives and enable us to return to a normal lifestyle.…

India's FX reserves became the fourth largest worldwide   India's foreign exchange reserves have surpassed Russia recently and became the fourth largest in the…

British exports to the EU plummet 41% after Brexit Restrictions caused by the coronavirus have driven the British economy to negative growth. In the first month of…

Biden announces purchase of 100 million J&J vaccines President Joe Biden announced Wednesday that the United States would purchase an additional 100 million…

Global economy is rebounding, with major indexes rallying  The global economy is recovering from the Covid-19 pandemic faster than analysts expected. The U.S. and…