Tag Archives: since

Bitcoin Price Declines to Lowest Since February

Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much-hyped alternative to traditional currencies. The price of the digital coin fell as much as 4.6 percent Tuesday to $6,450.01 (roughly Rs. 4.4 lakhs), bringing the slide for the year to more than… Read More »

China posts worst export fall since 2009 as fears of U.S. trade war loom

China’s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017. In one week, China’s leaders will see if President-elect Donald Trump makes good on… Read More »

UK factory activity grows in September at fastest rate since June 2014 – PMI

British factory activity grew at the fastest rate in more than two years last month, boosted by a surge in export orders after sterling slumped following June’s referendum vote to leave the European Union, a survey showed on Monday. The Markit/CIPS Purchasing Managers’ Index (PMI) for the manufacturing sector reached its highest level since June 2014 in September,… Read More »

FTSE poised for biggest drop since June

UK shares fell at the open, set for their biggest drop since June 27 as stocks and bonds were sold off across the world on nervousness about central bank policies. Equities dropped as bond yields rose in the U.S. and Asia on the back of a possible September U.S. rate hike and questions about whether central banks had… Read More »

Lenovo has sold half a million K4 Notes since launch

Lenovo has announced that half a million units of the K4 Note have been sold since the device was launched in India back in January this year. Aside from this, the Chinese company has also sold 100,000 units of the ANT VR headset. The VR headset was initially bundled with the smartphone, but was sold separately shortly thereafter.… Read More »

Britain suffers biggest downturn in productivity since the financial crisis

Britain has lurched further into its national productivity crisis, with hourly output at the end of last year registering its biggest quarterly fall since the 2008 financial crisis. Productivity, the crucial statistical metric that underpins overall economic growth and sustainable increases in national living standards, fell by 1.2 per cent in the three months to December, the Office… Read More »

Nikkei edges down in choppy trade, volume smallest since last December

apanese stocks edged down in choppy trade on Wednesday as investors struggled to find new catalysts, while many of them remained wary over the dollar-yen moves. The Nikkei share average fell 0.3 percent to 17,000.98. The broader Topix dropped 0.4 percent to 1,364.20, with only 1.6 billion shares changing hands, the lowest level since late December. The JPX-Nikkei… Read More »