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Sales of private homes in Singapore fell by 64% in August

The volume of sales of private houses in Singapore in August fell by 64% compared with July to 616 objects, which is the lowest level in six months, Bloomberg reports. The agency notes that such a low figure indicates that the measures taken ...
18.09.2018

Frankfurt will be the central location for the UBS in the EU after Brexit

Swiss bank UBS Group decided to make Frankfurt its base location in the European Union after Brexit, preparing for Britain's withdrawal from the bloc without any agreement, Bloomberg reports. In addition, UBS will retain offices in Milan, Paris, ...
18.09.2018

Oil production in China rose in August for the first time since November 2015

Oil production in China rose by 0.2% in annual terms to 16 million tonnes in August, the National Statistical Office said. The growth of production is noted in the country for the first time since November 2015. The volume of oil refining amounted ...
18.09.2018

The UAE stimulates economic growth by issuing visas to foreigners for a longer period after they retire

Vice President and Prime Minister of the United Arab Emirates, Emir of Dubai Mohammed bin Rashid Al Maktoum, announced a decision allowing foreigners over 55 to receive visas for 5 years after retirement, provided that they invest in UAE real ...
18.09.2018

The vacancy rate did not change in the euro area and the EU in the second quarter

In the second quarter, the vacancy rate in the eurozone and the European Union did not change compared to the first quarter. The indicator in the euro area was 2.1%, in the EU – 2.2%, Eurostat reported. In industry and construction of the euro ...
18.09.2018

The growth rate of retail sales in the US in August were the weakest in six months

The growth of retail sales in the US by 0.1% in August was the weakest in six months due to a decrease in demand for cars and clothing, the data of the country's Ministry of Trade showed. A month earlier, their growth was registered at 0.7%. ...
17.09.2018

The Greek government intends in the near future to weaken the measures of control over capital and reduce taxes

Greek Finance Minister Euclid Tsakalotos said in an interview with a local newspaper that a new easing of measures to control the movement of capital in the country would soon be announced. The Greek government will lift restrictions on the ...
17.09.2018

G20 Trade Ministers for the first time reached consensus on WTO reform

The head of Argentina's diplomatic mission in China, Diego Ramiro Guelar, speaking at the international forum on cooperation on industrial potential, said that at the last meeting of the Ministers of Trade and Investment of all G20 countries ...
17.09.2018

American automakers suffered most from the trade war between the US and China

Trade disagreements between the US and China had the greatest negative impact on American automakers in China. This is evidenced by the data of the poll of American chambers of commerce in Beijing and Shanghai, CNBC reports. This summer, the ...
17.09.2018

Head of the Federal Reserve Bank of Chicago expects that the increase in rates of the Fed will begin to exert pressure on economic growth and employment in the US in 2019

The head of the Federal Reserve Bank of Chicago, Charles Evans, in a speech with which he plans to speak at a conference in Indiana, notes a strong US economy, low unemployment and a steady inflation approach to the target 2%. He believes that ...
17.09.2018

The growth of industrial production in the US exceeded forecasts in August

In August, industrial production in the US increased by 0.4% compared to July, exceeding the forecast of experts who had expected growth of 0.3%. This was reported by the US Federal Reserve System. In the processing industry, output increased ...
17.09.2018

The global rise in house prices slowed to 4.7% in the second quarter

The index of global growth of house prices from Global House Price fell in the second quarter to a minimum level of 4.7% since July-September 2016, Knight Frank reported. The leader in the growth of housing prices was Malta, the first time ...
17.09.2018

Oil prices finished the week in positive territory

Following the results of last week, the price of Brent crude rose by 1.5%, WTI - by 1.4%. In the oil market, there was an increase in price volatility at the maximum rate since May amid a decline in supplies from Iran and Venezuela, as well ...
17.09.2018

Volkswagen plans to conduct an IPO for truck division in 2019

The Supervisory Board of the German automotive concern Volkswagen next week plans to discuss the holding of an IPO for unit that produces heavy trucks, Bloomberg reports referring to sources familiar with the situation. According to sources, ...
17.09.2018

Consumer confidence in the US exceeded forecasts in September

In September, the consumer confidence index in the US reached a maximum of half a year value of 100.8 points, preliminary data from the University of Michigan showed . In August, the index was 96.2 points. Economists had predicted the index ...
17.09.2018

Prices for copper and other metals rose based on news about trade talks between the US and China

Reports about the upcoming talks between the US and China, proposed by the American side, pushed prices for copper and other metals to growth in Europe on Thursday, according to Dow Jones. On the London Metal Exchange, copper futures for delivery ...
14.09.2018

Consumer prices in the US rose by 0.2% in August

Consumer prices in the US rose in August at the slowest pace since April, rising relative to the previous month by 0.2%, the Ministry of Labor said. Experts had expected an increase of 0.3%. In annual terms, growth was 2.7%, while analysts ...
14.09.2018

Toyota boosted its car production plans for 2018

Japanese automaker Toyota Motor Corporation said that, amid high demand in the automobile market of China, it boosted the plan for the production of cars in 2018 by almost 2% to 10 million 594 thousand cars. In China, the world's largest car ...
14.09.2018

The ECB lowered the forecast for the growth of the eurozone economy

At a press conference following the results of the meeting of the European Central Bank, its head Mario Draghi said that due to the deteriorating external demand, the ECB lowered the forecast for GDP growth in the eurozone in 2018 from 2.1% ...
14.09.2018

The number of applications for unemployment benefits in the US for the week decreased by 1 thousand

The number of US citizens, who had applied for unemployment benefits for the first time, over the past week decreased by 1 thousand to 204 thousand, which is the minimum since December 1969, the Ministry of Labor said. Analysts had predicted ...
14.09.2018
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