Economic events
- Europe
Europe praises Trump’s victory amid wider fears of an impending economic nightmare
Donald Trump (L), President of the USA, and Emmanuel Macron, President of France, join hands during the final press conference…
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More homeowners just started pulling cash out of their properties. Here’s why.
U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have…
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Top Wall Street execs are getting skeptical on the Fed’s easing path
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…
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China gears up for a big week as markets await U.S. elections and stimulus details
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters…
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10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report
The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt…
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How Hermès is bucking the global luxury slowdown
French luxury company Hermès has spent nearly 200 years emphasizing quality, scarcity and desirability — a strategy that’s helped it…
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ASEAN continues to emerge as a winner of U.S.-China trade tensions, IMF says
The Association of Southeast Asian Nations (ASEAN) has continued to emerge as an economic winner of increasing geopolitical tensions between…
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China’s manufacturing output swings back into expansion in October, private survey finds
Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China’s Shandong province, Aug.…
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Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies
A Thai investor checks an electronic board showing stock prices. Amphol Thongmueangluang | SOPA Images| LightRocket | Getty Images The…
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