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Category: Economy

Deloitte’s Middle-East Arm Adds 1,200 New Staff Members
Deloitte’s Middle-East Arm Adds 1,200 New Staff Members

London-based globally reputed multinational professional services platform, Deloitte’s Middle-East arm has added another achievement to its credit with the addition of 1,200 new staff-members, thereby strengthening the core build-up of the organization. The current fiscal year has been quite good for the leading firm as all its businesses and industries spread in every corner of […]

China’s Producer Price Inflation Picks Up, Eases Deflation Concerns

China’s factory gate inflation rose for the first time in March since the last nine months. This was a result of the prices rising in global commodities and indications that the government was putting in an effort to boost the economy, which affected the domestic demand as well. Consumer inflation also picked up, showing a […]

economy slow down
Economists Show Concern About India’s Slowdown

Economists in India are concerned about the sharp slowdown experienced by the Indian economy. At a meeting with the Chief of the Reserve Bank of India, the economists have proposed a monetary policy boost in order to support growth according to the participants. The Governor of Reserve Bank of India, Shaktikanta Das met with concerned […]

Oil Prices Remain Optimistic

On Monday, oil prices were pulled in opposite directions by the economic downturn and the supply cuts spearheaded by OPEC along with the U.S. sanctions against Venezuela and Iran. This resulted in mixed oil prices on Monday. Brent crude oil futures went up eight cents to $67.24 per barrel, which is not far off from […]

Australian Three Year Yield Falls Below RBA Rate

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 […]

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