US job growth seems favorable in short term, hiring remains subdued

May 16, 2016 09:57 am UTC| Commentary Economy

The United States recent report on job openings and labor turnover (JOLTs) indicate that the job growth perspective will remain strong, with lay-offs taking a mild downturn. Though the hiring rate in the private sector...

Japan’s Abe says most G7 leaders agree on fiscal stimuli to boost global demand

May 16, 2016 06:18 am UTC| Commentary Economy

Japan Prime Minister Shinzo Abe on Monday said that a majority f the leaders in the G7 have agreed upon adoption of fiscal stimuli to help provide a kick to the slowing global demand. Earlier this month, Abe had travelled...

Emerging Market Crisis Series

Brazil govt focuses on adopting economic reforms, curbing unemployment

May 16, 2016 05:45 am UTC| Commentary Economy Politics

The government of Brazil is focused on adopting reform measures to pull the economy out of the current recessionary phase and bring economic, social and political harmony in the Latin Americas biggest economy. Brazils...

Why cities should stop building museums and focus on festivals

May 13, 2016 11:19 am UTC| Insights & Views Economy

Last year the Institute of Museum and Library Services offered a catchy statistic: the United States has more museums than all the Starbucks and McDonalds combined. Its easy to understand why cities will leap at the...

Germany Q2 GDP likely to slow down following sluggish global recovery path

May 13, 2016 11:01 am UTC| Commentary Economy

Germany is poised to witness a weak second quarter in terms of growth output following mild recovery after the country posted better than expected output figures for the first quarter of the fiscal year. Output had more...

Malaysian GDP surprise markets on the upside following boost in private consumption

May 13, 2016 09:15 am UTC| Commentary Economy

Malaysian gross domestic product surprised markets, registering 4.2 pct, against expectation of 4 pct on rise in private consumption. However, this marks the slowest growth since mid-2009, albeit better than market...

German economy grows at highest quarterly pace in two years in Q1 on domestic demand

May 13, 2016 08:57 am UTC| Commentary Economy

Germanys economy recorded the highest quarterly growth in two years in the first quarter of 2016, aided by the mild winter and possibly the leap year. According to German federal statistics office Destatis, the nations GDP...