The international rating agency Moody's believes that the prospects for the development of global industry in 2020 remain negative due to the preservation of trade tension, which follows from a report by Moody's Investors Service. "The prospects for the development of the global manufacturing sector in 2020 are negative. Slowing global economic growth and increasing trade tension will affect the...

For some people in France, victory was achieved long before the finals. The French national soccer team returned victorious, and so did companies like Louis Vuitton, Metalu Plast or Freyssinet. With a record-high budget for the FIFA 2018 edition in Russia, numerous French companies acquired not only profitable contracts, but a level of publicity they had rarely achieved before. Be it in luxury...

China's investment in real estate development grew by 10.2% year on year for the first 11 months of the year, which is slightly lower than 10.3% in the first ten months, the National Bureau of Statistics of China said. The total investment in real estate over the specified period amounted to 12.13 trillion yuan (about $ 1.7 trillion), the bureau said. Investments in residential construction grew...

Market concerns are growing due to reports of poor harvests in Brazil and other South and Latin American countries. There is turmoil in the coffee market: amid reports of poor crops in Brazil and other countries in South and Latin America, coffee futures soared 7.56% in a day to $ 1.3895 a pound. There has been no such rapid growth since 2015. For the year, raw materials for the popular drink...

Since the beginning of the year, the number of elite real estate purchase and sale transactions in Hong Kong has decreased by 34%, the South China Morning Post reported citing data from the Centaline Property real estate agency. The publication explains the fall in demand by mass protests that have not ceased in the special administrative region since the summer. So, over the past 11 months,...

Key Japanese index Nikkei reacted to the news about trade agreements between the US and China with active growth. On December 13, at the opening of trading on the Tokyo Stock Exchange, it reached the highest level this year. Only in the first 10 minutes of trading, the index added 1.84%, reaching 23855.57 points. The main driver of growth was reports that China and the United States reached an...

Car sales in the country will fall by around 8% in 2019, marking the second annual decline for the world's largest auto market, the Chinese Association of Automobile Manufacturers (CAAM) predicts. Last year, a decline of about 3% was recorded, which was the first since nineties. The expected steep fall came as a surprise for the industry participants, who back in 2018 predicted that...

The Securities and Exchange Commission (SEC) rejected the offer of the New York Stock Exchange (NYSE) to create a new type of direct listing that would allow companies to raise capital. The NYSE spokesman confirmed that the SEC rejected the proposal to create a new alternative to the traditional IPO, which was published on the exchange’s website in late November. He noted that the NYSE will try...

Digitalization of the economy reduces the rate of inflation, says authors of the IMF’s paper. In particular, the use of new technologies can result in lower production costs (and, consequently, prices. At that, emergence of companies such as Amazon, lower entry barriers and growth of online commerce are changing conditions for competition in the markets. According to the paper, a positive...