Category : Economy

A surge in exports has pushed up Indonesia’s trade surplus in December to more than expected levels, manufacturing has picked up but inflation and currency worries remain, Team IFM reports. Jakarta, February 3: Disaster-scarred Indonesia’s trade balance for December, buoyed by a stellar export show across segments including oil and gas, grew $1.52 billion surpassing...

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...

Delivering On Our Promise 1st Febuary 2014 As we move into the second month of 2014, dear readers, there are things to cheer and things to worry about. The good news is that the world’s largest single-country economy, the US, seems to be well on the path of recovery and there are expectations that the...

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...

The Turkish central bank may further tighten liquidity with Lira sliding again after its biggest gain in five years from massive rate hike, reports Team IFM Istanbul, January 31: The Turkish lira recorded its biggest gain in five years on the heels of a bumper rate hike by the country’s central bank on Tuesday, only...

Midlife Crisis in Emerging Markets 31st January 2014 Argentina is an intersting case study of the kind of turmoil that emerging markets are going through following the start of the Fed’s QE “tapering”, says Jagannadham Thunuguntla, Chief Strategist, SMC Global Securities Limited The performance of emerging markets over the next few months will play a...

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...

In the fourth quarter of 2013, the UK economy registered its fastest pace of growth since the 2007 meltdown, according to just released official data, reports Team IFM. London, January 29: In the fourth quarter of 2013, the United Kingdom posted its fastest growth since the 2007 global meltdown, figures released by the Office for...

Ahead of a crucial Fed meeting, data shows there is no let up in ongoing US economic recovery, reports Team IFM New York, January 29:There are no significant signs of a let up in the ongoing US recovery, analysts and economists said on Tuesday, a day ahead of a crucial meeting of the Fed’s FOMC,...

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...