Hong Kong dollar strengthens to past 7.8 level
FutureCFO Editors
December 12, 2019
…of HK$7.7500 – HK$7.8500 after the year-end as there aren’t any major drivers for strong inflows given the uncertainties
…of HK$7.7500 – HK$7.8500 after the year-end as there aren’t any major drivers for strong inflows given the uncertainties
…a deal with China help or hurt President Trump’s pitch to post-industrial workers? Will North Korea, Iran, and even Islamic State try to
…3.4% global GDP growth in 2020. The modest increase from 2019’s expected growth of 3.1% will be driven by
…low inflation and rising productivity in many Asian economies, resulting in salaries growing rapidly compared to other regions, Quane
…Pacific, 58% in Europe, while for Russia and The Commonwealth of Independent States (CIS), the figure was 77%. Sanctions
China’s bond default is about to break its 2018 record, according to a Bloomberg report. Data compiled by Bloomberg
…contraction. By volume, retail sales plunged 26.2%, according to government numbers. Sales of jewellery—China tourists’ favourite shopping item in
…stagnating alongside consumer confidence and expenditure, the company added. “The global economic market has seen a deceleration, in part
…in more than two years, as a result of the US-China trade war. Warjiyo said GDP was likely to
Atradius forecasts a 0.6% contraction in global trade growth this year with only a modest recovery to 1.5% growth
…seen as a keen effort to lift the diminishing growth in the country. The October economic and financial data
After nearly four decades of rapid growth, China has entered a new normal of slower growth. The country will