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Author Archives: Top News Editor

Eurozone Economic Confidence Strongest Since 2000

Eurozone economic confidence strengthened further in December, reaching its highest level seen since late 2000. The economic confidence index rose more-than-expected to 116 from 114.6 in November, survey results from the European Commission showed Monday. This was the highest reading ...

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German Factory Orders Fall For First Time In 4 Months

Germany’s factory orders declined for the first time in four months in November as both domestic and foreign demand deteriorated. Factory orders decreased by a larger-than-expected 0.4 percent month-on-month, reversing a revised 0.7 percent rise in October, data from Destatis ...

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U.S. Factory Orders Jump More Than Expected In November

New orders for U.S. manufactured goods jumped by more than expected in the month of November, according to a report released by the Commerce Department on Friday. The Commerce Department said factory orders surged up by 1.3 percent in November. ...

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India Sees Slower Growth In Fiscal 2017-18

India’s economic growth is set to slow sharply in the current fiscal year ending March 31, despite a bounce back in the latter half of the year that saw the economy reel under the sustained impact of demonetization and the ...

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The Rise Of Ripple

Riding on the mania that is causing mammoth gains in the price of different digital currencies, Ripple and its native currency XRP has risen to be the second biggest cryptoasset by market capitalization. The XRP coin or Ripple that is ...

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Eurozone Inflation Slows As Expected In December

Eurozone inflation eased slightly as expected at the end of 2017 on slower growth in energy prices, suggesting that an interest rate hike from the European Central Bank is likely to be a long way off. Inflation eased marginally to ...

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U.S. Weekly Jobless Claims Unexpectedly Inch Up To 250,000

With the release of the closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended December 30th. The report said initial ...

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