Tag: Finance
Browse our exclusive guides!
US consumer confidence at 17-month high
In the US, the Conference Board Consumer Confidence Index rose 7.2 points month on month to 109.7 in June, recording its highest level since...
Profits of industrial companies in China fell due to shrinking demand
Profits of industrial companies in China fell by 12.6% in May compared to the previous year. The shrinking demand was interpreted as an indicator...
Gold is flat on the impact of US data
Gold was flat in Asia after closing at a three-month low.
Investors reassessed the outlook for the U.S. economy after U.S. Consumer Confidence hit a...
30 percent of the world’s electricity produced by clean sources
Last year, it was announced that 30 percent of global electricity production came from renewable energy sources such as wind, solar and geothermal energy.
In...
ECB discusses faster shrinkage of bond portfolio
European Central Bank (ECB) officials were reportedly discussing options to accelerate the downsizing of the agency's 5 trillion euro ($5.5 trillion) bond portfolio.
While the...