Economic News

Biden and Xi discussed global issues in a phone call On Friday, the President of China Xi Jinping and the U.S. President Joe Biden talked for the first time after…

Japanese Shares Jumped Thanks to Suga’s Decision  Japanese shares rose on Friday after Prime Minister Yoshihide Suga said he will not be running in the upcoming…

Vaccine difference might cost the global economy trillions The Economist Intelligence Unit reported that the world economy might lose trillions in GDP as a result…

South Korean economy became the first in Asia to raise South Korea is considered the first prominent Asian economy which started to raise interest rates after the…

Afghanistan’s Destroying Economy and Taliban to Negotiate  No longer facing severe military conflict, Afghanistan’s new rulers from the Taliban are engaged in a new…

The Afghanistan Economy: Changes in Two Decades Two decades ago, when the Taliban lost control of Afghanistan, the country started to develop slightly. Living…

Taper Tantrum a Week Before Jackson Hole   Stocks have recovered off the intraday lows yesterday, in what is one of the less severe battles of the unfolding…

Between a Rock and a Hard Place No, it‘s not about stocks, however well they hang on to recent gains. ATHs hit again amid recovering corporate credit markets, with…

The Long Shadow Over Reflation Trades  Consumer confidence undershoot didn‘t bring down stocks as the retreat in yields (away from the reflation trades) didn‘t…

The CBA Helped Boost Australian Shares on Wednesday Australian shares closed at a new record high for the sixth time in August on Wednesday.  The ASX 200 gained…

Aluminium prices experience uptrend in the global economy Aluminium prices increased and closed on their highest levels in 10 years. It followed a global demand…

U.S. economy added 944,000 jobs this year, showing the biggest monthly gain On Friday, the Bureau of Labor Statistics said that this year, the economy added 944,000…

Gold Up, U.S Economic Data In Asia on Wednesday morning, gold was up. While a sinking dollar boosted the yellow metal, it was trapped in a limited range as…

Heathrow Airport requests the UK government to accept vaccinated travellers Britain's Heathrow Airport called on the government to open up the country to vaccinated…

How has COVID-19 Affected the Financial Market: An Overview A global pandemic is something that nobody could have predicted at the start of 2020. For the…

Global stock markets rise on optimism Highlights: USA Wall Street resumed its gains for the third day, with the Dow Jones adding 0.07%, the S&P 500 rising…

Climate conference-COP26 This year, climate change discussions aimed at limiting global warming must banish coal power. This is according to the British prime…

J&J might set talc liabilities to file for bankruptcy According to people familiar with the subject, Johnson & Johnson considers a plan to offload…