growth Archives - Page 3 of 4 - International Finance

UK Black Friday growth may surpass that of US

International Finance DeskNovember 24, 2016

by International Finance DeskNovember 24, 2016

Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...

Banking Finance

China and India to drive global growth in ATMs

International Finance DeskNovember 21, 2016

by International Finance DeskNovember 21, 2016

The growth will be driven by large sections of the population that will open bank accounts for the first time IFM Correspondent November 21, 2016: Globally, the number of ATMs rose by 5% in 2015, to touch 3.2 million units by the end of the year. The majority of growth in the global ATM market...

Finance Wealth Management

Gold demand fell in Q3 of 2016

International Finance DeskNovember 10, 2016

by International Finance DeskNovember 10, 2016

Exchange-Traded Products were the only area of growth IFM Correspondent November 10, 2016: Gold demand fell 10% in Q3 to 992.8 tonnes (t). Exchange-Traded Products were the only area of growth, with inflows of 145.6 tonnes. Bars, coins and jewellery remained very weak: year-to-date consumer demand was down 16%, according to the World Gold Council’s...

Economy

Employment grows in the US

International Finance DeskNovember 4, 2016

by International Finance DeskNovember 4, 2016

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...

Economy

China’s service sector expands at a rapid pace

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...

Uncategorized

Singapore’s economy to stay sluggish in 2017

International Finance DeskOctober 31, 2016

by International Finance DeskOctober 31, 2016

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...

Economy

Next US president may have to deal with recession

International Finance DeskOctober 24, 2016

by International Finance DeskOctober 24, 2016

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...

Economy

Things are finally looking up for Asia

International Finance DeskOctober 20, 2016

by International Finance DeskOctober 20, 2016

Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...

Economy

Post-Brexit, small businesses in UK are bullish

International Finance DeskOctober 12, 2016

by International Finance DeskOctober 12, 2016

But the challenge to growth is finding skilled staff October 12, 2016: Nearly three-quarters (73%) of small businesses with over five employees plan to grow dramatically or moderately over the next two years, according to a new report by Albion Ventures, one of the largest independent venture capital investors in the UK. Only 5% think...