Finance News

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China: New Investors Choose Mainland Stock Market

New investors in China are opting for the local stock market for their debut. China's dominance in the global market is attracting more new investors to opt for the mainland stock market. Accordingly, the market might not tumble easily even...

China: Economy Grows Along Increasing Recovery

China, again, is the front-runner in recovering the economy. China managed to record a rise in GDP last year despite the coronavirus pandemic. Though the figure still underperforms compared to the previous year's record, it goes over economists, and even...

gold price

After 3-day Rally, Gold Price Fell Again by $1,800

Gold price have been rallying in the last three trading days. Today, (4/12/2020), the price of the gold precious metal has experienced a correction but is still above the level of $1,800 / troy ounce. World gold prices in the...

After France, Canada Also to Impose the Digital Tax

The Canadian government announced on the 30th that it plans to impose digital taxes on global IT companies that provide digital services such as Google and Facebook. Canada plans to impose the new digital tax starting in 2022. According to...

Photo by Ashima Pargal at Unsplash

India Falls Into Recession After Decades

Asia's second most populated country, India, has reportedly fallen into recession. This becomes the first recession that India experiences in nearly a quarter of a century. Several advances have been done to relieve the COVID-19 pandemic and its effect on...

Photo by Max van den Oetelaar at Unsplash

China: Consumer Price Inflation Repressed

The drop in the prices of pork led China to the lowest level of consumer price inflation in 11 years. The phenomenon led economists to keep their eyes on China. The country's consumption is expected to bring changes in business,...

Photo by Muh Salman Alfansuri at Unsplash

Indonesia Declares First Recession in 22 Years

Indonesia officially announced the first recession since 1998. The country reported a 3.49% contraction in Q3. The government is aiming for a speedy economic as well as pandemic recovery. However, the news has already affected numerals sections contributing to Indonesia's...

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