Economic Indicators4 hours ago (Apr 06, 2020 07:35PM ET) (C) Reuters. Employee works at Japanese brewer Kirin Holdings’ factory in Toride, Japan TOKYO (Reuters) – Japan’s inflation-adjusted real wages rose for a second straight month in February, official data showed on Tuesday, in a sign of relief for an economy […]
Deutsche Bank sees UK GDP shrinking 6.5% in 2020; warns of downside risk
Economic Indicators11 hours ago (Apr 06, 2020 12:05PM ET) (C) Reuters. The spread of the coronavirus disease (COVID-19) in London (Reuters) – Deutsche Bank (DE:DBKGn) said on Monday it expected Britain’s economy to shrink 6.5% in 2020 in what it suggested could be the biggest recession for a century. The […]
With small businesses suffering, Putin faces criticism over shutdown
2/2 (C) Reuters. FILE PHOTO: Police officers walk along the Red Square in Moscow 2/2 By Tom Balmforth and Anton Zverev MOSCOW (Reuters) – Left with no income because of the coronavirus lockdown, Dmitry Volodin, the co-owner of several bars in Moscow, says he’s getting inadequate government support, and he […]
The Deliciously Surprising Science of Taste
It’s one of the world’s most famous maps, along with that of the New York City subway system and the one for the Game of Thrones world: the map of your tongue. You probably saw it in high school, and learned that your loquacious mouth muscle is neatly divided into […]
China’s vehicle production to drop 11.5% this year: IHS Markit
Economic Indicators14 hours ago (Apr 06, 2020 08:55AM ET) (C) Reuters. Robotic arms paint a car at the BYD Automobile Company Limited Xi’an plant, in Shaanxi BEIJING (Reuters) – China’s light vehicle production will drop 11.5% this year to around 21.6 million vehicles and will rebound by 7.5% next year, […]
WTI: Negative Dynamics
Despite the opening of today’s trading day with the gap down (due to the fact that the OPEC+ teleconference was postponed to Thursday), during the Asian session, oil prices rose again. At the beginning of today’s European session, WTI crude oil traded near 27.00 mark. OPEC+ was expected to resume […]
The Asian Countries That Beat Covid-19 Have to Do It Again
On any digital dashboard tracking the spread of Covid-19, on any graphic comparing country-by-country case curves or death tolls, they were the champs. Singapore, Hong Kong, Taiwan, South Korea–leaders there saw what was headed their way from China in the early days of the new coronavirus, before it became a […]
UK construction activity falls in March at fastest rate since 2009 – PMI
Economic Indicators6 hours ago (Apr 06, 2020 04:40AM ET) (C) Reuters. FILE PHOTO: Workers are seen as the sun sets behind a construction site in London By David Milliken LONDON (Reuters) – Britain’s construction sector saw the sharpest fall in activity since the financial crisis last month, a survey showed […]
Euro zone investor morale hits all-time low on coronavirus – Sentix
Coronavirus7 hours ago (Apr 06, 2020 04:35AM ET) (C) Reuters. BERLIN (Reuters) – Investor morale in the euro zone fell to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus, which is “holding the world economy in a stranglehold”, a survey showed […]
UK new car sales plunge 40% in March as coronavirus hits
Economic Indicators8 hours ago (Apr 06, 2020 03:11AM ET) 2/2 (C) Reuters. FILE PHOTO: Workers are seen on the production line at Nissan’s car plant in Sunderland Britain 2/2 LONDON (Reuters) – New car registrations in Britain fell by an annual 40% in March as the coronavirus crisis hit the […]