Economic News
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An Unexpected Downturn in Japan’s Economy Was Triggered by Supply Shortages
The third-quarter GDP annualized at -3.0% in variation to the predicted -0.8%. The decline in exports, CAPEX, and consumption has…
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The US to Soon Face Hyperinflation, Says Jack Dorsey
Jack Dorsey, the CEO of Square and Twitter, has cautioned that hyperinflation is on the cards for the United States…
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Singapore Enters Technical Recession As COVID-19 Hit the Economy
Worse than what was expected, Singapore’s economy fell to a record low in the second quarter of 2020 after the country…
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HKEX Abandons £32bn Takeover Bid for London Stock Exchange
Hong Kong Exchanges and Clearing (HKEX) has abandoned its £32bn takeover bid for London Stock Exchange. Earlier, it was reported…
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Treasury’s Curveball: Global Stocks Rally Stalled
This quarter saw huge spirals in yields of the US bonds with the 10-year yields below T-bill rates which are…
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SBI to Partner with SWIFT’ GPI to Boost Cyber-Security, with Other Major Banks
The State Bank of India is about to enter in a collaboration with the Society for Worldwide Interbank Financial Transactions’ (SWIFT)…
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India outlines new commerce rules; protects domestic companies and makes it tougher for Amazon and Walmart to carry business
New e-commerce regulations have been outlined by India that will concentrate on enhancing privacy safeguards, tracking of data and is…
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Soon after Supreme Court holds Anil Ambani and Two Directors Guilty in Ericsson Case, Reliance Group Shares Fall by 1 to 9 Percent
On Wednesday, the Supreme Court found Reliance Group chairman Anil Ambani and other two of its director guilty of Contempt…
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Plunging Chinese Demand Floors Vitamin Brand Blackmores
The economic slowdown in China has bitten almost all industries across the world due to the sheer size of the…
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Airbus is putting an end to the superjumbo aircrafts
Prominent plane manufacturer Airbus has come out with the announcement that they are calling it a day for the A380…
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