Category: Economics

Japan’s central bank says it’s ready to ramp up stimulus if a strong yen derails inflation target 0

Japan’s central bank says it’s ready to ramp up stimulus if a strong yen derails inflation target

Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent...

Top Greek bank CEO calls on lenders to do more in reducing the country’s bad debts 0

Top Greek bank CEO calls on lenders to do more in reducing the country’s bad debts

Christos Megalou, the CEO of Piraeus Bank, told CNBC Monday that there has been a “significant improvement” in this area, but he “would like to see even more in reducing the amount of NPLs...

Stocks set for a weak open amid US-China trade talks 0

Stocks set for a weak open amid US-China trade talks

U.S. stock futures fell on Tuesday as traders waited for new details to emerge from the latest round of U.S.-China trade talks. As of 7:05 a.m. ET, Dow Jones Industrial Average futures indicated a...

What investors will be looking for in India’s new budget this week 0

What investors will be looking for in India’s new budget this week

Meanwhile, efforts to raise money through divesting state-owned assets were not entirely successful either. A key focus would be whether India can meet its disinvestment target of 800 billion rupees (about $11.2 billion), said...

Michelle Meyer on economy: ‘Risks are higher,’ including China slowdown 0

Michelle Meyer on economy: ‘Risks are higher,’ including China slowdown

Economist Michelle Meyer predicts a slower economy in 2019 compared to last year. A slowing global economy, especially from China, is likely to have an impact on the United States. But despite the risks...

Another report paints a bleak picture of manufacturing in China 0

Another report paints a bleak picture of manufacturing in China

Chinese authorities have introduced measures to support the economy in the past year, with a particular focus on helping to boost smaller firms. But Friday’s release of the Caixin measure indicated that the policies...

Former Obama economic advisor: Here’s why Howard Schultz is wrong on debt 0

Former Obama economic advisor: Here’s why Howard Schultz is wrong on debt

This week, ex-Starbucks CEO Howard Schultz announced a potential Presidential run as an independent candidate during an interview on CBS. Frustrations with both parties’ handling of the nation’s finances, particularly the high levels of...

China’s central bank told banks to moderate January lending pace, sources say 0

China’s central bank told banks to moderate January lending pace, sources say

China’s central bank told some commercial banks in January to moderate their pace of lending, four sources with direct knowledge of the matter said on Friday, as it seeks to manage the amount of...

Charities who backed workers affected by shutdown are now stepping up to fight inequality 0

Charities who backed workers affected by shutdown are now stepping up to fight inequality

For the 35 long days when the government was shutdown, as 800,000 federal workers went without pay, many struggled to stay afloat and feed their families, uncertain when they would find economic stability. “It’s...

Brexit is a revolt against a German-run European super-state 0

Brexit is a revolt against a German-run European super-state

Germany got its next comeuppance in Italy. Rome finally summoned the courage to say “basta!” (enough!), after being left alone for years to handle thousands of African and Middle-Eastern migrants and refugees landing on...