International Finance

Category : Economy

Economy

India’s January PMI up, highest since March, 2013

Indian manufacturing has moved into higher gear for first time in 10 months, Team IFM reports. Mumbai, February 3: Indian manufacturers rode a spurt in demand from domestic and overseas clients to register the sector’s fastest growth over the past 10 months in January, signalling an improvement in operating conditions, HSBC said on Monday. The...
Economy

Japan’s manufacturing picks up, strong growth in January likely

Industrial output in Japan grew 1.1 percent in December and January may see sharpest expansion in eight years, reports Team IFM. Tokyo, January 31: Japan’s industrial production in December grew 1.1 percent from the previous month, an increase for the first time in two months, official data released on Friday showed even as the government...
Economy

US Fed pares asset purchase by $10 billion a month, holds rates

As was widely anticipated, the US Fed continued with its “tapering” plan to cut asset purchases by another $10 billion a month while leaving interest rates unchanged, Team IFM reports Washington, January 31: As was widely anticipated across all markets, the US Federal Reserve Bank announced on Wednesday that it will reduce its asset purchase...
Economy

Financial Services Firms See the Recovery Taking Hold

Written by Gary Howes. 27th January 2014 “It’s also telling that financial services firms are now less worried by levels of demand and regulation and are instead concerned about a skills crunch, their systems capacity and stronger competition.” – CBI. As the UK economic recovery takes root, it is beginning to feed through to the...