Category : Economy

How technology can break through the complexity of multiple currencies, numerous payment methods, regulatory differences, taxation systems and a multitude of languages. 25th June 2014 Recent statistics have outlined that the financial technology sector is one of the strongest sectors in the UK economy, with investment jumping 177 per cent in the first quarter of...

Europe has been getting its act together and the latest ECB stimulus measures add to confidence that its recovery will pick up pace. This is good for global growth. 24th June 2014 Europe has been getting its act together and the latest ECB stimulus measures add to confidence that its recovery will pick up pace....

Globally, investors are increasing their allocation to direct real estate, up from 6% in mid-2013 to 9% 23rd June 2014 Overview Stock markets around the world enjoyed a banner year in 2013, and as a result, equities drove better-than-expected returns for institutional investors, thanks largely to the bull market in equities and investors’ healthy, often...

Shrinking trade balance, robust manufacturing and service sector growths help matters, reports Team IFM Brussels/New York, June 20: With Europe taking the long but steady road to recovery, the region’s joblessness is also shrinking and becoming more stable, at least two separate reports have said, while a third independent study said the expanding manufacturing and...

But exports of crude oil and natural gas fall even as next year’s projected outlay for petroleum sector contracts, reports Team IFM Oslo, June 20: Norway’s exports of crude oil and natural gas, the mainstay of its economy, fell in May even as its overall shipment value rose to $5.4 billion on the back of...

Output goes on upswing at factories and mines though utilities moved down to notch fourth consecutive month of decline, reports Team IFM New York, June 20: American industrial production rose last month after a slight dip in April in continuation of a trend discerned in New York state factories, recent official data shows, confirming an...

Key confidence index now just one point shy of “good-conditions” level, reports Team IFM Washington, June 19: American real estate firms are finally feeling breathing easy. For the first time this year, the confidence index of a leading association of developers of newly built, single-family homes rose in June, reflecting builders’ belief that the conditions...

New orders log brisk ascent, output highest since 2011 and six-month outlook looks promising, reports Team IFM New York, June 19: A key measure of factory conditions in New York State for June topped the multiyear high reached last month, indicating that the improved business situation is likely to continue, even as an independent economy...

The huge investment made in World Cup facilities and related infrastructure may not throw up benefits as touted by the government, reports Team IFM Rio de Janeiro, June 19: The soccer World Cup tournament going on in Brazil puts a spotlight not only on the sport and its colourful fans, but also on the economic...

Independent data also paints slow days in May while analysts fear more weaknesses emerging this quarter, reports Team IFM Sao Paolo, June 18: Brazil’s once-bustling economy went on a sloth mode in April, with its business activity showing only moderate upswing despite the imminent FIFA World Cup, even as an independent report projected a downcast...