2024-06-27 | Current Affairs
German consumers are feeling increasingly doubtful about the country’s economic recovery.
The GfK consumer climate index, which forecasts consumer sentiment, is expected to drop to -21.8 in July from -21.0 in June, marking the first decrease after four consecutive months of improvement. This change fell short of economists’ expectations of a rise to -19.5.
2024-04-24 | Current Affairs
Today’s News JPMorgan Chase CEO, Jamie Dimon, exudes confidence in the thriving U.S. economy, citing robust employment and healthy consumer finances. Speaking at an Economic Club of New York event, Dimon describes the current economic boom as “unbelievable,” remarking, “Even if we go into recession, the consumer’s still in good shape.” Despite this optimism, Dimon cautions against […]
2024-03-11 | Current Affairs
Today’s News Numerous multinational corporations have responded to Riyadh’s ultimatum, obliging them to establish regional headquarters in Saudi Arabia to avoid missing out on lucrative government contracts. Notably, PepsiCo, Boeing, PwC, and Unilever are among the 350 global companies that have adhered to the mandate, securing regional headquarters licenses, while others, like Boeing, have applied […]
2024-03-06 | Current Affairs
Today’s News Australia’s resource-rich economy sustained a deceleration in the closing months of 2023, raising concerns about an impending economic downturn, particularly if the Reserve Bank of Australia follows through on its recent hints at potential further interest-rate hikes. In the fourth quarter, the economy exhibited a sequential growth of 0.2% and a year-over-year increase […]
2023-08-03 | Market Dive
Amid concerns over China’s Q2 economic growth, policymakers are treading carefully, considering additional stimulus measures to bolster the recovery.
2023-05-19 | Market Dive
In the face of this impending economic downturn, how should investors adapt their strategies?
2023-05-11 | Market Dive
As we approach 2023, the U.S. debt ceiling crisis looms over the economy, causing concern for investors and financial experts alike.
2022-12-28 | Market Dive
The global market and economy still hold a series of unresolved issues that could not see the light of being solved in the remaining days left.