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Economic events

EU considering sanctions on Chinese firms supporting Russia’s war machine

by Vera Ward
EU considering sanctions on Chinese firms supporting Russia’s war machine

This pool photograph distributed by Russian state owned agency Sputnik shows Russia’s President Vladimir Putin (R) and China’s President Xi Jinping heading to a group photo session during the third …

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China’s biggest problem is lack of confidence: Standard Chartered CEO

by Walter Watson
China’s biggest problem is lack of confidence: Standard Chartered CEO

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said …

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Japan’s Nikkei set to breach 37,000

by Walter Watson
Japan’s Nikkei set to breach 37,000

Signage for the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), displayed outside the bourse in Tokyo, in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion …

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Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

by Walter Watson
Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images …

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S&P 500 could rise to 5,300 after hitting latest milestone, says UBS wealth head

by Walter Watson
S&P 500 could rise to 5,300 after hitting latest milestone, says UBS wealth head

While the S & P 500 has more doubled since hitting its pandemic low in March 2020, UBS thinks stock values are “well supported” and that the benchmark could exceed …

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U.S. CEOs turn positive on the economy

by Ron Morgan
U.S. CEOs turn positive on the economy

US President Joe Biden speaks about the economy and the deal between the United Auto Workers (UAW) Union and the big-three automakers, in Belvidere, Illinois, on November 9, 2023. Olivier …

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Nikkei new record, Chinese New Year

by Walter Watson
Nikkei new record, Chinese New Year

Bitcoin rises above $45,000, its highest level in almost a month Bitcoin related stocks surged on Thursday as the price of the flagship cryptocurrency rose 3% to its highest level …

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China producer prices dip in January for a 16th month; consumer prices slip again

by Walter Watson
China producer prices dip in January for a 16th month; consumer prices slip again

People shop for Spring Festival ornaments at a market in Zixing city, Central China’s Hunan province, Feb 4, 2024. CFOTO | Future Publishing | Getty Images China’s producer prices declined …

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Banking fears stir once again

by Ron Morgan
Banking fears stir once again

A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his report is from …

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Biden’s clean energy plan to cost far more than initial estimates

by Vera Ward
Biden’s clean energy plan to cost far more than initial estimates

Phillip Swagel Danny Moloshok | Reuters WASHINGTON — The U.S. budget deficit will grow by an estimated $1 trillion over the next 10 years, the nonpartisan Congressional Budget Office projected …

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