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Economy

Economists Fear China May Depend on Shadow Banking for Giving Boost

After numerous stories of a global slowdown, the Chinese official growth rate has given almost everyone a threat of the…

Service Sector, New Home Sales Picks Up In The US

The United States Commerce Department released data which shows that there was an increase in new home sales and reached…

South Carolina Resident Claims $1.5 Billion Mega Millions Jackpot

The mystery over the owner of the $1.5 Billion Mega Jackpot is likely to be over now. On Monday, Lottery…

Bank of Korea Holds Interest Rates Amid Growth Uncertainties

A slowdown in the global economic growth and the consequent declining exports has been a problem for most countries over…

Britain Faces Brexit Delay as the PM Keeps Working on Fresh Deal

As the deadline for the United Kingdom’s exit from the European Union of 29th March approaches, the political class in…

HSBC Profits Disappoint as China and UK Challenges Bite

HSBC Holdings recently reported that profits fell well below the analysts’ estimates and has forecasted a gloomy outlook for the…

How Danny Meyer changed the restaurant industry?

Daniel Meyer a New York City restaurateur and also the Chief Executive Officer of the Union Square Hospitality Group (USHG),…

Call for Independent Verifier after Questions Raised on India’s Statistics Data

After questions were raised on the integrity of the statistics that the Indian government released, a necessity for an independent…

Among Haunting Doubts Over US-China Trade and Worldwide Economic Growth, Dow Falls

At their lows of the day, the S&P 500 and Nasdaq had fallen 0.9 percent each while the Dow had…

2 More National Statistical Commission Members Step Down Due to Delay in Publishing NSSO Data

On Monday, the two non-government members of the National Statistical Commission [NSC] have quit the organization. They were totally unhappy…