According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Read More
The jobless rate of Japan has remained the same in April, as well as the job openings according to... Read More
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Read More
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Read More
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Read More
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Read More
Based on the survey released on Friday, UK households became less confident this month relative to... Read More
China already has plans to reduce tariffs on imports of some consumer products from food and... Read More
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Read More
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Read More
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Read More
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Read More
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Read More
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Read More
The factory output in the U.S. increased in April despite the low output on manufacturing and... Read More
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Read More
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Read More
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Read More
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Read More
The French economy is projected to expand by 0.3 percent during the period of April-June, this... Read More
The industrial output of China rose to 7.0 percent in April compared last year which has been... Read More
US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... Read More
Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... Read More
The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... Read More
Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... Read More
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Read More
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Read More
The central bank of Turkey intends to maintain their current monetary policy until inflation in... Read More
The American economy showed unexpected strength but the robust labor market did not trigger major... Read More
The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Read More
Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Read More
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