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Singapore slashes yearly growth forecast, stoking recession fears

Arab News 13.08. 22:43

Singapore slashes yearly growth forecast, stoking recession fears

BENGALURU: Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state. The government cut its forecast range for gross domestic product in Sing»»»

Reuters 24.07. 16:32

Wall Street slips after dismal Caterpillar, Boeing results

(Reuters) - U.S. stocks fell on Wednesday after bleak earnings from industrial bellwethers Caterpillar and Boeing exacerbated concerns of a slowing global economy that have roiled financial markets this year. Caterpillar Inc (CAT.N), whose large exposure to China makes it a proxy for the global imp»»»
Zero Hedge 12.07. 20:35

"There's No Escape": One Japanese Bank Owns Over Half A Trillion US Corporate Bonds

What do you do if you are a major Japanese investor, whose mandate is to invest in safe assets, yet the yield on Japanese govvies is too low to cover the cost of your liabilities? That's the question that Japan Post Bank Co., the banking unit of Japan Post Holdings, has been grappling with. Its ans»»»
Zawya 13.03. 05:49

Asian shares drift lower, sterling awaits its fate

SYDNEY - Asian share markets were mostly in the red on Wednesday as a risk-off mood gripped investors, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.4 percent in slow trade »»»
Breaking the News 20.12.2018. 04:52

Asia trades lower as Fed raises interest rate

Major indexes in the Asia-Pacific region traded lower on Thursday after the United States Federal Reserve decided to raise the interest rate by 25 basis points to 2.25%-2.50%. Meanwhile, the Bank of Japan decided to leave its monetary policy unchanged, with the interest rate at a negative 0.1%. The»»»
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