The yields of the three-year bonds fell to its lowest since September 2016 below the Reserve Bank of Australia’s policy rate 0f 1.5% which resulted in speculation of a rate cut due to a slowdown in the Australian economy. Moreover, the retail sales and business confidence data shows slow growth, property market, and global trade […]
The past few months have been particularly trying for Huawei Technologies, which has been banned from supplying telecom equipment to American companies and faces bans in many other countries as well. However, it seems that the company, which is also one of the biggest manufacturers of smartphones and computers, are now trying to protect themselves […]
Large Japanese firms offered small pay increases during the annual wage talks held on Wednesday amidst economy slowdown. The firms hope that domestic consumption will help offset the external risks to growth. Many large firms are gearing up to increase wages for the sixth consecutive year as Prime Minister Shinzo Abe continued pressuring businesses to […]
The research found that more than half of all email enquiries could be addressed using artificial intelligence and natural language processing (NLP). Instead of multiple reroutes for customers from emails to digital channels to physical branches, Nationwide could save a lot of working hours and increase customer satisfaction at the same time. Analysts from SAS […]
After a delay due to the 35 days extended shutdown in the United States, the retail sales data has been released. As per the data, retail sales in January rose unexpectedly. The credit has been given to an increase in purchases of building materials and discretionary spending. But the revised December data were weaker than […]
The conflict between political Governance and the Central Bank is no new story. It is seen in most of the nations as politically set up leadership aims for populist measures, and the Central Banks aim for neutral political policies. The United States is not immune from this scene. Recently, there were stories of conflicts between […]
