German companies virtually doubled their investments in China in this year’s second quarter compared to the first, according to figures from Germany’s central bank, the Financial Times reported.
Tag: Global Economy
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INVESTOR CONFIDENCE IN EUROZONE, ESPECIALLY GERMANY, COLLAPSES
In a new ZEW Indicator of Economic Sentiment, investors’ outlook for the Eurozone’s business future plunged 25.8 points to 17.9, the biggest one-month tumble since early in 2020 when the COVID War began.
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GLOBAL STOCK MARKETS BOUNCE BACK
After tanking early this month on fears of a U.S. recession, global equity markets are making their way back on various pieces of reassuring good news from the U.S. economy.
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GAZA WAR IS DRAINING ISRAEL’S ECONOMY
Israel’s economic production shrank by 0.4 percent per person in the year’s second quarter and both exports and overall output fell, according to the government’s Central Bureau of Statistics.
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IN CHINA, EVS AND HYBRIDS OUTSELL INTERNAL COMBUSTION CARS
In July, for the first time, all-electric vehicles (EVs) and gas-electric hybrids outsold internal combustion cars.
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INVESTORS RUSHING TO UTILITY STOCKS
Shares of utility companies, long favored by staid, fixed-income investors, are a hot property.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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CRUDE OIL’S PRICE SOFTENS AMID MIDEAST TENSIONS
When equity prices fell early this month, they took oil’s price down with them.
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SPOTLIGHT: JAPAN’S ECONOMY IN FLUX
On 31 July, the Bank of Japan (BoJ) raised its policy interest rate from between zero and 0.1 percent to .25 percent.