Newsquawk Week Ahead: EZ/UK flash PMIs, ECB, BoC, US PCE, Australian CPI
: Expectations are for October manufacturing PMI to rise to 43.7 from 43.4, services to tick lower to 48.6 from 48.7, and lifting the composite at 47.4 vs. prev. 47.2.…
Biden Wants $100 Billion To Help Ukraine, Israel And Palestinians In Gaza
LOADING ERROR LOADING WASHINGTON — Fresh off a visit to Israel following the Hamas terror attack that killed more than 1,300 Israelis, President Joe Biden pitched a $100 billion plan…
Jan-Dhan scheme biggest instrument of financial inclusion: FM Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the Pradhan Mantri Jan-Dhan Yojana (PMJDY), launched in 2014, has emerged as the biggest instrument of bringing financial inclusion in the country. Delivering…
Japan must carefully watch markets due to Mideast conflict
TOKYO: Japan must carefully monitor financial markets, including oil and stocks, with a sense of urgency as uncertainties are rising for global economies due to the conflict in the Middle…
US auto strike’s economic fallout starts to hurt global businesses
Synopsis The month-long strike by hourly workers at the Detroit Three automakers is starting to have a financial impact on businesses, including airlines and auto parts makers. Analysts warn that…
Weekly Market Recap (16-20 October)
Over the weekend we got some tentative dialling back of threats from Iran and Hezbollah as an Iranian ambassador told a journalist that “Iran’s armed forces will not engage Israel…
Agriculture’s share in global economy up: Ramesh Chand
Synopsis “The agricultural sector’s contribution to global GDP has increased from 3.2% in 2006 to 4.3% in 2021 while the growth rate in manufacturing and non-agricultural sectors has slowed even…
Nigeria: Nigeria, Others to Get £150 Billion for Infrastructure By 2027 – EU
The Global Gateway initiative is crafted to enhance connectivity, promote sustainable development, and strengthen economic ties between the EU and its partner countries, including Nigeria. The European Union (EU) is…
[INTERVIEW] New Jersey woos Korean companies with favorable environment
[INTERVIEW] New Jersey woos Korean companies with favorable environment New Jersey Governor Phil Murphy speaks during an interview with the Korea JoongAng Daily on Wednesday at the Conrad Hotel in…
Wall St falls on elevated Treasury yields, Middle East worries
Wall Street’s main indexes fell on Friday as U.S. Treasury yields hovered near multi-year highs following hawkish remarks by Federal Reserve Chair Jerome Powell, while the Middle East conflict kept…