Home Page

Weekly Market News

23.05.2022

Canada: Huawei and ZTE banned from 5G network

Canadian officials announced on 18 May 2022 that China's Huawei Technologies and ZTE would be banned from participating in Canada’s 5G wireless networks, citing national security concerns...

READ MORE

16.05.2022

China: Export growth slows in April

The General Administration of Customs (GAC) reported that China’s exports grew only 3.9% in April, the lowest since June 2020, to US$273.6 billion from a year ago. Imports remained flat, after a 0.1% decrease in March...

READ MORE

10.05.2022

UK: BOE raises rates to combat inflation

TThe Bank of England (BOE) raised interest rates by 25 percentage points to 1.0%, the highest since 2009, citing low unemployment and rising inflation. BOE officials forecasted inflation to rise further over the remainder of the year...

READ MORE

03.05.2022

US: Economic activity contracts in Q1

According to an advance estimate released by the Department of Commerce, US GDP decreased at an annualized rate of 1.4% in Q1 2022, switching from a growth of 6.9% in the preceding quarter. This marked the first negative reading since the COVID-19...

READ MORE

Goto the top of the page