International Finance

Category : Economy

Americans show renewed interest in purchasing new homes

Despite grim projections of a slowdown in the critical housing sector, sale of single-family new units in January rose to its highest level since July 2008, reports Team IFM Washington, February 28: New home sales rose to a five-year high in the US in January, official data released on Wednesday said, allaying fears of a...

Exports prop up German economy in last quarter, GDP inches ahead

Overseas demand pushes growth even as job creation and domestic demand remain listless, reports Team IFM Berlin, February 26: The German economy continued to grow moderately at the end of the year 2012-13, with government data released on Tuesday showing exports driving the economy in the fourth quarter but sluggish domestic demand acting as a...

German businessmen happy with outlook, economy steady

Despite predictions to the contrary, the country’s business confidence reached its highest point in 21 months in February, reports Team IFM Berlin, February 25: German business confidence rose for the fourth successive month in February to reach its highest point since July 2011, bucking forecast by an economists’ poll that predicted otherwise and indicating that...

China’s factory production index dips to seven-month low

After great FDI inflow and trade surplus announcement, latest manufacturing data shows all is not well with Chinese growth story, reports Team IFM Beijing, February 22: After two investor confidence-boosting announcements earlier this month, there’s dampening news emanating from behind the Great Wall – February was the worst month for China’s manufacturing sector since last...

Column: Investment Insights

Abenomics Ends Darkness In The Land of The Rising Sun 20th February 2014 Abenomics has revived economic growth in Japan but long term structural reforms – the Third Arrow – holds the key to its ultimate success, argues Jagannadham Thunuguntla Ever since the election of Shinzo Abe as Japan’s Prime Minister in December, 2012, the...

China’s January FDI inflow notches 16% y-o-y jump

Riding on the back of service sector, the world’s second largest economy says all is well with near $11-bn foreign fund inflow, reports Team IFM Beijing, February 20: Sweeping aside signs of a slowing economy and within days of announcing a bumper trade surplus, China sprung another surprise on Tuesday saying it had attracted nearly...

Japan’s December industrial output not per expectations

Revised data shows while production figures were still ahead of that in November, it fell short year-end predictions, reports Team IFM Tokyo, February 19:  Japan’s industrial production in December didn’t increase at the pace it was initially estimated to have had, revised official data released on Monday showed, though it was still better than the...