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Author Archives: Top News Editor

German Consumer Confidence To Hold Steady In December

German consumer confidence is set to remain unchanged at the end of the year, underpinned by strong economic expectations, while it is yet to be known whether the failed coalition talks would hurt the sentiment, results of the latest survey ...

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OECD Says Global Growth Strengthening But Challenges Remain

Global economic growth is set to improve slightly next year but longer-term challenges inhibit stronger, more inclusive and more resilient economies, the Organisation for Economic Co-operation and Development said Tuesday. The Paris-based think tank also said that the UK economy ...

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UK Banking System Capable To Resist Disorderly Brexit: BoE

The UK banking system could support the real economy even through a disorderly Brexit, according to the Financial Stability Report, released by the Bank of England on Tuesday. In an adverse scenario, capital buffers would be drawn down substantially and, ...

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German Business Confidence At Record High

Germany’s business confidence strengthened to a new record in November on optimistic expectations, suggesting another strong quarter for the economy. The business climate index rose to 117.5 in November from a revised 116.8 in October, survey data published by the ...

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Singapore GDP Surges 8.8% In Q3

Singapore’s gross domestic product expanded a seasonally adjusted 8.8 percent on quarter in the third quarter of 2017, the Ministry of Trade and Industry said in Thursday final revision. Read Full Story

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U.S. Weekly Jobless Claims Pull Back To 239,000

After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th. Read Full Story

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