Thursday, 21 January, 2021

OECD boosts world economy outlook due to positive vaccine news

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The Organization for Economic Cooperation and Development (OECD) boosts world economy outlook due to positive vaccine news. They believe that the real gross domestic product...

OPEC members have “a lot of dissatisfaction,” analyst says

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OPEC members have a lot of dissatisfaction due to the delays of output increase that are caused by the pandemic, an oil watcher said. “A...
India falls into recession for the first time in decades

India falls into recession for the first time in decades

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India has fallen into recession for the first time in decades due to the impact of the coronavirus pandemic on Asia's third largest economy. According...

JPMorgan: First-quarter GDP will drop due to Covid surge

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The first-quarter GDP will drop due to the increasing Covid-19 cases and restrictions, according economists from JPMorgan. According to them, the economy will expand in...
JPMorgan: US economy to slow down in Q4, contract by Q1 2021

JPMorgan: US economy to slow down in Q4, contract by Q1 2021

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Financial services firm JPMorgan has warned that the US economy would shrink by the first quarter of 2021. According to JPMorgan, recovery of the US...

China’s industrial output records 6.9% increase in October

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China’s industrial output reported a 6.9% increase in October, according to data from the National Statistics Bureau. Analysts polled by Reuters had predicted a 6.5%...

Covid vaccine not an “instant stimulus” to the economy, economist says

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A Covid vaccine will not be an "instant stimulus" to the economy, according to Carl Tannenbaum, the chief economist at Northern Trust. He said that...

Global economy won’t recover right away even with vaccine — UBS

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Global economy would not recover right away even with a coronavirus vaccine, according to UBS Chairman Axel Weber. He said that it will take time...

The impact of a Joe Biden presidency on Asia according to an analyst

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The impact of a Joe Biden presidency on Asia is the softening of market tensions, according to a chief executive of a major Asian...

China the “real game” in terms of business for Southeast Asia — analyst

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China is the “real game” in terms of business for Southeast Asia, according to Karim Raslan, founder of KRA Group. “It’s quite clear that China...

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