China’s growth rate for 2018 worst in 28 years
The GDP growth rate of China for 2018 dropped to 6.6%, 0.2% less than 2017. This is China’s worst performance…
Markets
India will soon overtake China to become the largest economy in South Asia, says Raghuram Rajan
Veteran economist and former Reserve Bank of India (RBI) governor, Raghuram Rajan has predicted that India will overtake arch-rival China…
Oil prices up may install much-needed stability
Oil prices were up on Monday, albeit slowly, reaching a two month high since November 2018. This is being attributed…
Wipro profit rises by 32% in Q3, announces bonus
In a press conference on Friday, Wipro reported a 32% year-on-year jump in Q3 profits, recorded at over Rs.2,544 crore.…
Bond Market Concerned About US Economy
Despite the US economy looking healthier than it was a few years before, the bond market is concerned that it…
Trump Threatens Turkey Against Attacking Kurds
Turkey got a strict warning from the US president Donald Trump and stated that they would face economic sanctions if…
Impact of China’s Export Slump on Investors
The Chinese economy is on a slowdown, and there is great concern that the transition state they are in to…
Rough Road Ahead for Car Makers in China
The road ahead for car makers in China is going to be tight due to a year of poor sales…
US Consumer Price Index Dips First Time in Nine Months
The Consumer Price Index (CPI) in the United States has seen a dip in December for the first time in…
Sri Lanka Struggles to Pay Foreign Debt
Sri Lankan Prime Minister on Thursday admitted to having difficulties to pay its ever increasing foreign debt after the recent…