Saturday, May 25, 2019

Trump Offers Steel Border Wall Option

US President Donald Trump pledged on Sunday not to bend in his demand for a wall along the southern border with Mexico but stated...

Congress, Trump Set to Meet over Shutdown and Wall

S President Donald Trump and congressional leaders were set on Friday to meet and discuss ways to break an impasse pitting his demand for building a border wall against Democrats’ call for alternative security measures. Read more here!

ECB Appoints 3 Admins to Italy’s Carige

The European Central Bank designated three temporary administrators on Wednesday to take charge of Italy’s Carige bank in an unforeseen effort to save the floundering lender after it failed to raise new capital. Read more here!

Asia Factory Activity Lackluster on Soft Chinese Demand, PMI

Factory activity weakened across Asia in December as the US-China trade war and a slowdown in Chinese demand hit production in most countries, strengthening the case for a pause in interest rate hikes in the region in 2019. Read more here!

BOJ Policymakers at Odds Over Bond Yields

Bank of Japan policymakers were at logger-heads on the amount which they should allow bond yields to fall, as they fret over a worsening...

Trump Ready for Extended Government Shutdown to Fund Wall

US President Donald Trump on Wednesday said that he is ready to wait for as long as it takes to get $5 billion from taxpayers for his US-Mexico border wall, a demand that has triggered a partial shutdown of the federal government, which is now on its fifth day of shutdown. Read more here!

BOJ Cautions Growth Risks, Policy Steady

As the risks to the global economy increases, the Bank of Japan (BOJ) is expected to tag along in a string of warnings from other policymakers of the threat to growth from protectionism and signal its resolve to keep the money plug open. Read more!

Survey: Japan’s Exports Grew slower in November, Core CPI Firm

Japan’s exports growth is seen to have eased in November, according to a survey on Friday, indicating a dimming economic outlook in the midst of the easing global demand and a US-China trade dispute. Read more here!

More Worries Await ECB, Dimmer view on Growth

The European Central Bank is still uncertain to formally end its generous bond purchase scheme on Thursday, but will take an increasingly dimmer view on growth. Read more here!

Japan Core Machinery Rises Less than Expected

Japan’s core machinery orders increased less than expected in October following an earthquake in the previous month, indicating a more subdued business investment. Read more here!

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