Japan’s factory output dips more than expected as risks emerge
Japan’s factory output shrank for the first time in three months in December as a decline in machinery production outweighed a small rise in autos, casting a cloud over the strength of the economic recovery.
Elliott and Vista nears $13 billion deal to buy Citrix – source
Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc (CTXS.O) in a deal that values the U.S. cloud computing company at about $13 billion, according to a person familiar with the matter.
EXCLUSIVE China securities regulator met foreign banks to soothe economic concerns
The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure them about the country’s economic prospects after regulatory crackdowns in 2021, three sources said on Friday.
Europe falls again after brutal week for stock markets
Europe’s main bourses fell again on Friday as worries about a sudden stop to central bank stimulus and rising tensions between Western powers and Moscow continued to drive world stocks to one of their worst ever starts to a year.
The global economy is in the process of reformation!
After the massive Covid-19 situation, the global economy is returning to normal. The majority of countries are heading to the pre-pandemic economy-related activities. However, the recovery of the economy is still unequal. Unemployment is emerging as one of the major issues. OECD countries despite being economically advanced countries are fighting to strike a balance. The […]
U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years
U.S. economic growth likely accelerated in the fourth quarter as businesses replenished depleted inventories to meet strong demand for goods, helping the nation to log its best performance in nearly four decades in 2021.
U.S. consumer confidence dips; more plan to buy big-ticket items
U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.
Global share sell off pauses in Asia as investors await Fed policy update
Asian share markets steadied on Wednesday after three sessions of losses as investors awaited any hints about faster tightening of monetary policy from the U.S. Federal Reserve later in the day.
Is Omicron causing supply chain disruptions?
In the United States, an omicron outbreak is causing supply chain difficulties. Even though the market previously suffered a shutdown as a result of the pandemic slowly it has been recovering. The Omicron variant, on the other hand, could be the source of major supply chain delays. According to Bloomberg’s monthly survey, growth in the […]
Singapore reviews inflation forecasts as core prices near 8-year high
Singapore is reviewing its official inflation forecasts, authorities said on Monday, after data showed its key price gauge climbed in December by the fastest pace in nearly eight years, driven by a steep increase in air fares.
