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WHILE expecting the global interest rates to drop further as we move into 2020, the risk for global economy to weaken steeper is more likely than expecting a synchronised recovery.
AS I write, the state of the world economy worsens.. The global downturn has begun
Tsao started his business empire in 1949 with a solitary coal-burning ship and built it into a multi-sector industrial conglomerateThe shipping magnate’s accolades included honorary Singaporean citizenship and Hong Kong’s Silver Bauhinia Star
HONG KONG: The US-China trade war and a spike in oil prices from geopolitical tensions have the potential to push the world into recession next year, according to renowned doomsayer Nouriel Roubini.
Trade war mania and emerging market routs have been driving markets, and for now they do as if the reversal is taking place.
BEIJING: China’s economy faces risks from international uncertainties and excess factory capacity this year, the statistics bureau said.
BEIJING: China's economy faces risks from international uncertainties and excess factory capacity this year, the statistics bureau said on Tuesday.
PARIS (Reuters) - Leftist Arnaud Montebourg, known for attacking big business and the European Commission, reaped a political harvest on Wednesday when he was put in charge of an enlarged economy and industry ministry in a choice that may unnerve Brussels and Berlin.
PARIS (Reuters) - A strong showing by hardline leftist Arnaud Montebourg in France's Socialist Party presidential primary has made the selection of a moderate candidate less of a certainty and could drag the party's 2012 campaign further to the left.