Mexico’s August retail trade surprises on upside, Banxico may hike rates again in December

Oct 26, 2016 07:12 am UTC| Commentary Economy

Mexico published its August retail trade data yesterday. It came as a surprise on the upside. It rose 0.6 percent on a sequential basis in August. According to analysts, retail trade was expected to stagnate. This...

Singapore industrial production rises in September, beats market expectations

Oct 26, 2016 06:41 am UTC| Commentary Economy

Industrial production in Singapore rose during the month of September, beating market expectations and led by solid increases in electronics and pharmaceuticals output. Singapores manufacturing output rose 6.7 percent...

South Korean consumer confidence surges to 10-month high in Oct, business outlook remains dim

Oct 26, 2016 06:16 am UTC| Commentary Economy

Consumer confidence in South Korea surged to a 10-month high during the period of October, despite a grim business outlook in the economy. The composite consumer sentiment index for October came to 101.9, compared with...

U.S. consumer confidence falls to 3-month low in October on labor market concerns

Oct 26, 2016 05:58 am UTC| Commentary Economy

Consumer confidence in the United States fell to a 3-month low during the period of October, following concerns over the countrys labor market and an equally unhealthy household condition. U.S. consumer confidence index...

China’s consumer sentiment surges to 6-month high in October

Oct 26, 2016 05:28 am UTC| Commentary Economy

Consumer sentiment in China surged to a 6-month high during the period of October, led by strong gains in the willingness to spend more and in the components leading to theoutlook of current household finances. The...

As incomes rise in China, so does concern about pollution

Oct 25, 2016 18:23 pm UTC| Insights & Views Economy

Over the last 40 years, hundreds of millions of people in China have escaped poverty as this enormous nation urbanized and became a manufacturing powerhouse fueled by cheap coal and cheap labor. But this development...

Public, not private, money needed to plug Africa's water and sanitation gaps

Oct 25, 2016 17:14 pm UTC| Insights & Views Economy

African stakeholders have called for water supply and sanitation to be a priority at the next meeting of the United Nations Framework Convention on Climate Change. They want the November meeting of COP22 to integrate...