The German dollar's decline was halted by a surprising jump in inflation

After a surprising slowdown in German inflation boosted bunds and sent the common currency falling, the euro nursed losses on Wednesday and has helped the dollar make a good start to 2023. After falling 1% overnight, the euro continued to trade at three-week lows at $1.0550 at the start of the As...

The Math Behind America's Test Score Declines

The Nation's Report Card provides a depressing look at how pupils in the United States have regressed in reading and arithmetic, as well as which states have suffered the most significant setbacks.

When the Education Department released data earlier this week documenting what U.S. s...

The Math Behind America's Test Score Declines

The Nation's Report Card provides a depressing look at how pupils in the United States have regressed in reading and arithmetic, as well as which states have suffered the most significant setbacks.

When the Education Department released data earlier this week documenting what U.S. s...

The struggling German middle class and the dread of societal decline

Wages in Germany are being eroded by inflation and rising prices, particularly for energy. The middle class is seen as the bedrock of German society, and its stability is threatened by the current cost-of-living problem.

There are a lot of them, and they seem to be doing fine: People wh...

U.S Faces Another decline in life expectancy

According to recent provisional survey from the Centres for Disease Control and Prevention, the average life expectancy in the United States decreased for a second consecutive year from 2020 to 2021, with the COVID-19 pandemic once again playing an outsized influence in the reduction.

A...

THE POLITICIANS OF ROMANIA SEEKING WAYS FOR STOPPING DEMOGRAPHIC DECLINE

Highlights:

• The politicians of Romania had been seeking different ways for stopping the demographic decrease in the country
• Only the general measures like the growing retirement age and support infrastructure for parents have been followed in the disc...

SALE OF NEW CARS FALL BY 16 PERCENT IN AUGUST IN JAPAN

Highlights –

• Sale of news cars falls by 16 percent in August in Japan.
• The coronavirus pandemic has weakened the demand in automobiles.
• Domestic sales declined for the 11th consecutive month.
• Sales in trucks and buses decli...

SONY CORP. REPORTS FISCAL 2020 NET PROFIT TO FALL BY 12.4 PERCENT

Highlights –

• Sony Corp. reports fiscal 2020 net profit to fall by 12.4 percent.
• In the first quarter, Sony’s operating profit fell by 1.1 percent.
• However, net profit in the April-June period rose by 53.3 percent.
• It...

EMPLOYMENT RATE IN SOUTH KOREA DOWN BY 3.5 PER CENT

Highlights –

• COVID-19 hits younger people hard in terms of employment.
• The employment rate among those in their 20s stood at 54.6 percent.
• The plunge in employment due to freeze in the educational institutions.

Novel...

OIL PRICES FALL DUE TO INCREASING GLOBAL CRUDE OIL SURPLUS

HIGHLIGHTS

• Brent crude went down by 24 cents, or 0.8%, to $29.48 a barrel after falling at 4%.
• Rising worldwide surplus of crude oil.
• Sharp coronavirus-led slump in demand.

On Thursday oil prices extended losses as the ind...

AUSTRALIAN STOCKS SLUMP AS ENERGY STOCKS FALL

HIGHLIGHTS

• Oil Search Ltd led the decline with a fall of 3.39%, followed by Santos Ltd, which declined at 2.47%.
• Gold stocks fell 1%.
• Fuel supplier Viva Energy fell up to 3% after posting a steep fall in April jet fuel sales amid falling de...

AUSTRALIAN STOCKS SLUMP 5%

Highlights

• BHP Group and Rio Tinto declining 6.6% and 5.1%, respectively.
• Financial stocks also fell with the Big Four banks dropping between 4.8% and 6.8%.
• The Aussie dollar gained 0.83% against the U.S. dollar to A$0.65.

PAPYRUS PLANS TO CLOSE ITS STORES

Highlights

• Decline in sales
• Plans to close 254 stores

With many retail stores in trouble, stationery chain Papyrus plans to close 254 stores across the U.S. and will affect about 1,400 workers with job loss.

The stationery ...

FORD Q4 US SALES DECLINE

The second-largest US automobile company, Ford has seen a fall in its sales for another quarter. The total vehicle sale for the domestic market fell by 1.3% year-over-year (YoY) to 601,862 units. The YoY sales decline for the fourth quarter was higher than expected. The Wall Street analysts expec...

Asian Shares Declines on the Fresh Trade Worries

Asian stock markets dropped on Wednesday as the appetite for risk decreased after the United States. If a trade agreement is not reached between the two countries, President Donald Trump threatened higher tariffs on Chinese goods.

From the previous session, the Japanese market extended ...

US Stocks plummet, Bolivia’s influence, Oil and Gold decline

US stocks seem stuck in a holding design until we get an important trade update. Stocks floated lower on Monday's lack of liquidity because of the Veteran's day and President Trump's weekend remark that there had been "incorrect" giving an account of how prepared the US is t...

IOC to offer bonds as the trend of bonds decline

Amidst the global economic slowdown, the Indian bonds have taken a coupled hit from the global economy as well as their local economy and have caused the bonds and funds to take a dip and drop their valuations substantially.

Indian Oil Corporation plans to raise Rs 3,000 crore from the ...

Apple ready to expand horizons to keep its stock prices up as phone sales decline.

Apple Inc. is an American multinational technology company headquartered in Cupertino, California,  founded by the legendary Steve Jobs, along with his friend Steve Wozniak and a couple of others. Apple is into designing, developing and selling electronics, computer software, and online serv...