Wednesday, Nov 27, 2024

International Finance

Tag : Wealth Management

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...
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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...
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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...
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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...
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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....
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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...
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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...
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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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