People use automatic teller machines of a bank in Tokyo. Agence France-Presse
Japan’s economy contracted slightly in the first quarter as corporate and consumer spending weakened, a Reuters poll showed on Friday. Exports also deteriorated amid trade disputes and weaker global demand, hurting the trade-reliant economy. Gross domestic product (GDP) is expected to have fallen 0.2% in January-March on an annualised basis,
Japan’s annual core consumer inflation ticked up only marginally in October despite the boost from a sales tax hike during the month, suggesting weak household sentiment is keeping companies from passing on the higher costs.
Japan households’ mood hits five-year low level as tax hike bites in the fourth quarter of the last year. Consumers curbed spending on dining out, clothing and daily necessities after the tax increase,
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Gold prices climbed more than 2 per cent on Monday to their highest since February 2013, as spikes in coronavirus cases in several countries outside China deepened worries about a hit to the global economic growth, prompting a flight to safe havens.
Hungary’s annual average inflation will be close to the government’s 2.8per cent projection this year, Finance Minister Mihaly Varga said on Monday in an interview.
Robots are coming increasingly under the scanner not just at the government level but also in social circles. They are believed to be able to perform a range of tasks, from doing domestic chores to taking care of the elderly and even conducting a human orchestra! In the
Established pursuant to Decision No. 04 of 2002, DMCC is dedicated to enhancing the flow of commodity trade through Dubai. According to the new Law, the Dubai Multi Commodities Centre Authority will be responsible for supervising DMCC.