European Central Bank policymakers don’t expect any more monetary easing in coming months despite a likely downgrade in their economic forecasts in December, according to euro-area officials.
US President Donald Trump announced last week a “substantial phase one” trade deal with China via his Twitter account @realDonaldTrump.
The Philippines central bank is probably done cutting its key interest rate this year, but remains open to further reducing the ratio of funds lenders must hold in reserve, governor Benjamin Diokno said.
Philippine President Rodrigo Duterte will unveil a revised list of about 100 big infrastructure projects to be launched before his term ends in 2022, after some earlier projects were found to be unfeasible, an adviser said.
China’s top trade negotiator offered positive signals that talks with the US are making progress and both sides are working toward a partial trade deal.
Bank of Japan governor Haruhiko Kuroda said on Friday the central bank could ease monetary policy further if needed to spur growth, shrugging off views that it has used up ammunition to fight the next economic downturn.
A crisis at South Africa’s predominant electricity supplier, Eskom Holdings SOC Ltd, threatens the nation’s economy.
In South Africa, solar and wind are in, and coal is gradually on the way out. That’s the key takeaway from the latest Integrated Resource Plan, which maps out the energy mix for the next decade.
Lots of investors chafe at the idea of buying negative-yield bonds. Few are as repelled by the prospect as William Eigen.
When it comes to mixed messages from markets, 2019 has been a year with few precedents. Whenever a believable signal starts to emerge from stocks or bonds about the economy, it changes.
For a man credited with saving the euro, Mario Draghi’s final policy meeting at the helm of the European Central Bank will be far from a lap of honour.
Technology companies, which make up the largest swath of the US stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in next week from many of the sector’s biggest corporations.