Thu. Dec 5th, 2024
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1.China’s economy bounces back:
China’s economy bounces back to 6.8% in the fourth quarter from a year earlier.But the reading was the slowest growth since the global financial crisis.

2.France To spend big on tackling “state of economic emergency”:
President Francois Hollande said this week, he would pump in $2.2 billion to address the stubbornly high unemployment that has dogged his four years in power, and promised it would not come from tax rises.

3.Kenya’s Monetary Policy makers might be given a breather due to low oil prices:
Kenya’s Monetary Policy makers might be given a leeway to keep its benchmark lending rate unchanged for a fourth consecutive time, despite inflation breaching the government’s target.

4.A $59 trillion tailwind spurs governance changes in Asia firms,reuters:
A surge in socially responsible investments to $59 trillion globally over the past decade is nudging Asian firms to change a notoriously insular management style to one that actively addresses corporate governance concerns.

5.IMF Says there will be a growth of 3.4% in 2016:
The International Monetary Fund (IMF) Said week that there will be a growth of 3.4% global economic growth for 2016, showing an increase of 0.3per cent over last year’s growth rate of 3.1per cent.

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.


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