South Korea’s job creation in July marks low on the record
In July, South Korea had created 5,000 new jobs, according to official data—which comes as a 'shock' to the finance minister...
Tag : Chief Economist
UK house price index falls for first time in five months
Number of new house buyers grew only marginally in December IFM Correspondent January 20, 2017: A gauge of UK house prices fell for the first time in five months in December as the supply of properties for sale remained weak and values slumped in London. The Royal Institution of Chartered Surveyors (RICS) said its index...
Next US president may have to deal with recession
WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...
‘China’s shift to services not good in long run’
The country is going through premature deindustrialisation, say experts Suparna Goswami Bhattacharya August 3, 2016: Of late, China has been less in the news for its ‘slowdown’. Economic activity in the country has stabilised in recent months, mostly on the back of the property market rally and strong infrastructure investments. But, there is another challenge...
China June inflation up, but in line with forecasts
HSBC survey shows factory output rising for the first time since January, reports Team IFM Beijing, July 14, 2014: Consumer price rise eased a tad in June in China compared to May, official data released on July 9 said, even as an independent survey of its manufacturing sector – a gauge of the economy’s health...