Thursday, Apr 25, 2024

International Finance

Tag : 2016

Uncategorized

Singapore’s economy to stay sluggish in 2017

International Finance Desk
by International Finance Desk
Growth in 2017 expected to be only slightly higher than this year, just above 2% IFM Correspondent October 31, 2016: Singapore’s central bank, the Monetary Authority of Singapore (MAS), said that the country’s small, trade-dependent economy is going through a cyclical downturn that has lasted longer than expected and is not expected to pick up...
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Economy

US Fed monetary policy: A moving target

International Finance Desk
by International Finance Desk
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...
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Economy

Flying through the eye of a storm

International Finance Desk
by International Finance Desk
Expect UK to enter technical recession between second half of 2016 and first half of 2017 Jaspreet Sehmi August 2, 2016: In its first set of projections published since the UK voted to leave the EU, the IMF has downgraded its forecasts for global, eurozone and UK growth. In addition, the Fund says that the...
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Economy

Dim outlook for Europe in 2016

International Finance Desk
by International Finance Desk
Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
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Business Leaders

The revolution of Fintech

International Finance Desk
by International Finance Desk
Sir Roger Gifford states his expectations for the City of London in 2016 January 19, 2016: The importance of Fintech to London can perhaps be seen most clearly through the 44,000 plus people who are employed in the sector — that’s more than Silicon Valley (11,000) or even New York (43,000). The growth in firms...
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Economy

ADB sees strong growth for Asia in 2015 and 2016

International Finance Desk
by International Finance Desk
“Developing Asia is making a strong contribution to global economic growth”, says ADB Chief Economist Shang-Jin Wei. March 26, 2015: Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual...
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