Tuesday, Nov 26, 2024

International Finance

Tag : Islamic Finance

Economy

How can finance innovation boost UK as an export nation?

International Finance Desk
by International Finance Desk
by Andrew Jesse, VP, Basware 9th June 2014 Recent statistics have outlined that the financial technology sector is one of the strongest sectors in the UK economy, with investment jumping 177 per cent in the first quarter of 2014 compared to last year. It is clear that this is a large growth area for the...
Read more
Economy

UAE’s non-oil firms gallop, Saudi Arabia’s canter

International Finance Desk
by International Finance Desk
Survey reports say private sector output in the emirate at near-record pace, while those in the kingdom see sluggish order increase, reports Team IFM Abu Dhabi, June 9: Two separate reports have painted contrasting performance pictures for non-oil producing private sector companies in the United Arab Emirates (UAE) and Saudi Arabia for May. While an...
Read more
Economy

Indonesia sees April trade deficit on low China, India demand

International Finance Desk
by International Finance Desk
But new order growth gains further momentum in May giving manufacturing a boost, reports Team IFM Jakarta, June 9: Indonesia’s balance of trade in April recorded a deficit of $1.96 billion thanks to weakening overseas orders, official data released this week showed, even as an independent survey report said new orders placed with manufacturers rose...
Read more
Economy

China notches trade surplus as exports go up, imports dip

International Finance Desk
by International Finance Desk
Survey shows new export orders for manufacturing sector rising at quickest pace in four years and companies citing new client wins, reports Team IFM Beijing, June 8: Chinese exporters rode robust demands from the US and the European Union to beat forecasts and register a marked increase in overseas shipments in May that far outstripped...
Read more
Economy

Funds flee Brazil as demand falls and growth slumps

International Finance Desk
by International Finance Desk
In the run-up to the football World Cup, ETF investors have been busily trimming their exposure in Brazil, reports Team IFM Sao Paolo, June 6: Ahead of 2014 FIFA World Cup, investors in equities are looking at Brazil as a long shot. They have been steadily reducing their exposures in Brazilian equities despite the recent...
Read more
Economy

South African trade deficit widens, tops predictions

International Finance Desk
by International Finance Desk
Falling auto exports, strikes in mines blamed even as survey report says business conditions are deteriorating, reports Team IFM Pretoria,June 5: A marked slowdown in vehicle exports unexpectedly widened South Africa’s trade deficit to 13.026 billion rand ($1.3 billion) in April, official data released last week showed, while an independent survey report said business conditions...
Read more
Economy

India’s growth up a tad at 4.7%

International Finance Desk
by International Finance Desk
Marginal growth in GDP is quite challenging for the new dispensation that promises to boost economy and create more jobs, reports Team IFM New Delhi, June 5: India’s economic growth picked up marginally at 4.7 percent for 2013/14, which marks the second straight year of below 5 percent growth and the worst slowdown in 25...
Read more
Economy

Sense of optimism sweeps UK as jobs increase

International Finance Desk
by International Finance Desk
Squeeze on household finances weaken as employment loss fears dwindle, reports Team IFM London,June 4: Households in the UK are upbeat about future finances, as fears over job security hit its lowest level in more than five years and squeeze on savings turned out the weakest in May, an independent survey report released recently said....
Read more
Economy

U.S. Economy Suffered its First Contraction in Three Years

International Finance Desk
by International Finance Desk
U.S. economy contracted more than expected in the first quarter of the year, leading to the dollar’s weakening against most major currencies. 4th June 2014 The highlight of the week ending May 31, 2014, was the release of downbeat data on U.S. gross domestic product, revealing that the economy contracted more than expected in the...
Read more
Economy

Japan retail sales decline in April, recovery forecast

International Finance Desk
by International Finance Desk
The plunge, the fastest in three years, was a direct fallout of April sales tax hike, reports Team IFM Tokyo,June 2: Retail sales plunged at its briskest pace in April in Japan since it was struck by the twin blows of a tsunami and an earthquake in 2011, official data released on Wednesday said, but...
Read more