Stock markets in Asia and the Pacific closed mostly lower on Tuesday (17), after China disclosed that its Gross Domestic Product (GDP) grew by just 3% in 2022, less than half the rate of the previous year. In Chinese markets, the losses were marginal: the Shanghai Composite index fell 0.10%, to 3,224.24 points, and the […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
China records one of its worst economic performances in decades due to Covid
China’s economy grew 3% in 2022, far below the government’s own target, marking one of the worst performances in nearly half a century. Growth was heavily impacted by months of widespread Covid-19 lockdowns and a historic downturn in the property market. Even so, the number came in a little better than market expectations, with some […]
China’s GDP grows 3% in 2022, sharp slowdown compared to the previous year
China’s Gross Domestic Product (GDP) grew by 3% in 2022, the country’s National Bureau of Statistics (NBS) reported on Tuesday (17). The data represents a strong slowdown compared to 2021, when the country’s GDP had advanced by 8.4%. China’s annual growth slumped to one of its worst levels in nearly half a century as the […]
China sees first population decline in 60 years
China’s population declines in 2022 for the first time in more than 60 years, a new milestone in the country’s deepening demographic crisis, with significant implications for the slowing economy. The population rose to 1.411 billion, down about 850,000 from the previous year, China’s National Bureau of Statistics (NBS) announced during a briefing Tuesday on […]
Americans almost certainly won’t be able to pay debt, says expert
In the analysis of investment specialist Michael Viriato, strategist at Casa do Investidor, the debt of Americanas is much greater than their cash generation is capable of achieving, and it is very difficult for them not to have to renegotiate payments with their creditors. “Although she has not yet defaulted, it is almost certain that […]
Opposition removes Josué from Fiesp; allies say there is no legal validity
Unions that oppose Josué Gomes at Fiesp approved, this Monday afternoon, his removal from the body’s presidency. According to his interlocutors, Josué presided over an assembly in which he did not rule out his dismissal. He would have left the place with his supporters after the answers he gave to questions about his management were […]
Americanas rating downgraded to “default” by S&P
Americanas had its risk assessment by the rating agency Standard & Poor’s downgraded to “default”. The decision was taken this Monday (16) and is the first agency to classify the retailer in a situation of non-payment, the so-called “default”. In S&P’s decision, the Brazilian retailer’s rating was downgraded from ‘B’ to ‘D’. The old note […]
Poor is not a problem, it is the solution, says Lula at the inauguration of the president of BB
The president of the republic, Luiz Inacio Lula da Silva, was present this Monday (16th), at the inauguration of the new president of Banco do Brasil, Tarciana Medeiros. On the occasion, the president praised the choice of the first woman to assume this position in the institution and asked her to look more at the […]
The Great Debate: see the best investment options in a time of political crisis
The first days of the new government were not peaceful and the attempted coup with the invasion of the headquarters of the Three Powers, in Brasília, also generated uncertainty in the financial market, which continues to fluctuate in the stock exchange and also in the value of the dollar. In the face of all this […]
Aneel records seven attacks on transmission towers, four of which were knocked down
Aneel (National Electric Energy Agency) reported this Monday (16) that there are seven cases of attacks against electricity transmission towers in three states. Among the seven cases, the agency identified four collapsed towers. In all, Aneel counts three occurrences in Rondônia, two in Paraná and two in São Paulo. Three towers were knocked down in […]
