Asian stocks closed without a single direction on Thursday (8), after a rally on Wall Street and data showed that Japan grew more than expected. Leading gains in Asia, the Nikkei stock index jumped 2.31% in Tokyo to 28,065.28 points, after the annualized advance in Japanese Gross Domestic Product (GDP) between April and June was […]
Joe
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
Labor shortages set to lead Malaysia to 3rd year of palm oil losses
Malaysian palm growers are leaving thousands of tonnes of fruit to rot as a third year of worker shortages have left companies unable to increase their harvest during the peak production season. Palm oil production in Malaysia, the world’s second-largest producer, is expected to decline, or at best remain unchanged from last year’s 18.1 million […]
Corn and beef exports record record in August
Brazil hit a new monthly record in corn exports. In August of this year, 7.55 million tons of the grain were shipped, a volume that exceeds the previous historical maximum of 7.32 million tons, recorded in August 2019. According to the Foreign Trade Secretariat, the result is 74% greater than the volume exported in the […]
Japan’s GDP up 0.9% in Q2 compared to the previous one
Japan’s real Gross Domestic Product (GDP) rose 0.9% in the second quarter of 2022, compared to the previous quarter, according to the final reading published last Wednesday (7) by the country’s Bureau of Statistics. The initial estimate for the quarter, released in August, was up 0.5%. The world’s third-largest economy, after the United States and […]
IGP-DI drops 0.55% in August, reflecting drop in fuel prices, says FGV
The General Index of Prices-Internal Availability (IGP-DI) fell 0.55% in August, compared to a drop of 0.38% in the previous month, informed the Brazilian Institute of Economics of Fundação Getulio Vargas (Ibre/FGV), this Thursday. thursday (8). As a result, the indicator accumulates a high of 6.84% in the year and 8.67% in 12 months. In […]
How global financial markets react to water shortages and climate change
The world desperately needs water. Drought and rising temperatures threaten to affect almost every major sector of the economy — from energy to agriculture and shipping. The markets are taking notice. The S&P Global Water Index, which tracks 50 companies around the world involved in water utilities, infrastructure, equipment and materials, has outperformed the S&P […]
As China’s economy slows, one industry posts record profits
China’s “Covid zero” strategy, with endless testing and lockdowns, has hit its economy and hurt corporate profits, but it has brought a windfall for test makers. Twelve of China’s top Covid testing companies recently posted big increases in revenue and net profits in the first half of this year. Andon Health, which supplies Covid test […]
Mega-Sena: contest this Thursday (8) has an estimated prize of R$ 60 million
THE Federal Savings Bank holds, this Thursday (8), the draw for the 2,517 Mega-Sena contest. The prize is accumulated and estimated at R$ 60 million for those who match the six dozen drawn. The draw will take place at 20:00 (Brasília time), with live broadcast by Caixa’s social networks. To compete, players can register their […]
Increase in productivity is necessary for quality GDP, say economists
The recent economic indicators have shown positive results and caused the market to present revisions regarding the growth expectations of the Brazilian economy. On Monday (5), the president of the Central Bank (BC), Roberto Campos Neto, commented on the positive data, assessing that the growth presented in the Gross Domestic Product (GDP) in the second […]
Government cuts 59% of Popular Pharmacy to guarantee secret budget in 2023
The Bolsonaro government cut by 59% the budget in 2023 of the Popular Pharmacy program, which serves more than 21 million Brazilians with free medicines, to guarantee more resources for the secret budget – a scheme revealed by the newspaper O Estado de S. Paulo to transfer funds. funds to parliamentarians without transparency. Expenses for […]
