Tuesday, Nov 26, 2024

International Finance

Tag : Islamic Finance

Economy

Americans upbeat about future as recruitments swell

International Finance Desk
by International Finance Desk
Companies also believe first quarter winter blues are over and that the economy will rebound, reports Team IFM New York, May 30: In a nod to a US government statement earlier this month that the unemployment pool shrank in April reflecting the resilience in the economy, an independent research organisation has found Americans to be...
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Economy

US home prices up in first quarter

International Finance Desk
by International Finance Desk
Despite weak real estate transaction activity, purchase cost goes up for 11th straight quarter, reports Team IFM Washington, May 29: US house prices beat projections and market reports to chalk gains in the first three months of the year, separate reports from official and industry quarters say, giving rise to the hope that despite recent...
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Economy

Hong Kong trade deficit goes up 29.5%

International Finance Desk
by International Finance Desk
Fall in exports to Mainland and the rest of Asia as well as lower demand from advanced economies, especially the US put trade in disarray, reports Team IFM Hong Kong, May 29: Hong Kong’s April trade deficit increased 29.5 percent over its year-ago amount to HK$55.3 billion triggered by a slump in exports to Mainland...
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Economy

German recovery on expected lines, says data office

International Finance Desk
by International Finance Desk
The government believes economy gaining momentum while respected think-tank maintains businesses not so sure about future, report Team IFM Munich, May 28: Germany, it seems, is tiptoeing towards recovery. Its statistical office says the national economy is “gaining momentum” on expected lines; a greatly valued survey report says business confidence slipped this month, while an...
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Economy

Higher auto prices push up Singapore’s April inflation rate

International Finance Desk
by International Finance Desk
Housing sees prices falling, but central bank predicts inflationary trends to continue in second half, reports Team IFM Singapore, May 27: Singapore’s consumer prices, already under pressure from rising labour costs, were propelled by a spike in transportation costs to almost double in April compared to the preceding month, official data released last week show,...
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Economy

Global investors turn bullish with Modi as India’s new Prime Minister

International Finance Desk
by International Finance Desk
The Hindu nationalist Bharatiya Janata Party by winning a majority on its own, the first time any single party has done so in the past 30 years, has raised expectations of accelerated economic growth through stable, decisive government. New Delhi, May 26: Global investors are eagerly waiting for Monday, May 26, when Narendra Modi will...
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Economy

Japan’s trade deficit shrinks 7.8%

International Finance Desk
by International Finance Desk
April is not the cruellest month for economy as car exports to US rev up and a weak yen is expected to boost exports further, reports Team IFM Tokyo, May 26: Japan improved its April trade balance with a 5.1 percent rise in exports and its imports clocking a 3.4 percent increase resulting in a...
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Economy

India getting back on track

International Finance Desk
by International Finance Desk
The resounding victory by the Bharatiya Janata Party (BJP) led alliance in Indian elections likely ushers in a period of significant economic reform in India. The resounding victory by the Bharatiya Janata Party (BJP) led alliance in Indian elections likely ushers in a period of significant economic reform in India. Reforms are likely to focus...
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Economy

China’s industrial output and retail sales disappoint

International Finance Desk
by International Finance Desk
Conditions at factories down triggering calls for state leg-up, but surging online shopping belies all trends, reports Team IFM. China’s industrial output growth during April declined below forecasts, according to data released by its statistics office earlier this week, while its retail sector disappointed even as recent trends show the country is going through an...
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Economy

Tax hike pushes Japan’s March industrial output

International Finance Desk
by International Finance Desk
Spurt in activity comes on heels of weak February data, and independent economy tracker says April too will bring bad news, reports Team IFM Tokyo, May 19: Japan saw its industrial production rev up as expected in March on the eve of a sales levy hike, according to official data released on Friday, while an...
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