Monthly archive October, 2019

Hong Kong Financial Secretary Paul Chan on Tuesday announced a new round of measures to support the economy hit by domestic anti-government protests. Chan's new package worth HK$2 billion is intended to support enterprises and safeguard jobs, particularly in hard-hit Read More →

Euro area banks slightly eased the credit standards for loans to enterprises and those to households for house purchase in the third quarter, data from the third quarter euro area bank lending survey from the European Central Bank showed on Read More →

After reporting an unexpected jump in existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of September.Original Read More →

The International Monetary Fund downgraded Asia's growth outlook citing prolonged global policy uncertainty and slowing growth in China and India, and highlighted rising downside risks to growth. According to the latest economic assessment for Asia and the Pacific, released Wednesday, Read More →

European Central Bank President Mario Draghi will be chairing his final monetary policy meeting on Thursday, but the savior of euro known for his buzzwords "whatever it takes", leaves behind a legacy marred by controversy. Draghi, who is set to Read More →

The U.S. dollar edged lower Wednesday late afternoon after staying slightly positive for much of the session amid continued uncertainty about Brexit and expectations of an interest rate cut by the Federal Reserve after its next policy meeting.Original Article Read More →