Saturday, Nov 16, 2024

International Finance

Tag : economy

Economy

Italy to push for ties with Iran

International Finance Desk
by International Finance Desk
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...
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Economy

Employment grows in the US

International Finance Desk
by International Finance Desk
Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...
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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

Next US president may have to deal with recession

International Finance Desk
by International Finance Desk
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...
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Economy

Brexit: So far so good for the UK

International Finance Desk
by International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
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Economy

Brazil takes a $27 billion hit

International Finance Desk
by International Finance Desk
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...
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Economy

Confidence among UK businesses improves post Brexit

International Finance Desk
by International Finance Desk
However, not much excitement about the economy IFM Correspondent September 2, 2016: Things are not as bad as it was thought it would be post Brexit. A monthly business survey has found that more than half of the confidence lost in the aftermath of the referendum has been recovered. However, businesspersons remained largely pessimistic about...
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Economy

‘China’s shift to services not good in long run’

International Finance Desk
by International Finance Desk
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...
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Economy

Milltrust appoints SEDCO Capital for its MENA UCITS Fund

International Finance Desk
by International Finance Desk
Fund aims to achieve returns for international institutional investors July 11, 2016: Milltrust International, an emerging-markets-focused asset manager has awarded SEDCO Capital, a leading global asset management firm based in Saudi Arabia, with the mandate to manage the Milltrust SEDCO MENA Fund. The Fund aims to achieve long term returns for international institutional investors by investing...
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Uncategorized

Mario Ricciardi appointed as managing director for Creechurch Capital

International Finance Desk
by International Finance Desk
Company looks to expand both locally as well as internationally July 4, 2016: Creechurch Capital, the discretionary fund management house, has appointed Mario Ricciardi as its managing director. With more than five years of significant growth since its inception in 2010, Creechurch Capital is entering the next phase of progress, bringing in Ricciardi to head...
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