Malaysia's trade surplus more than doubled in September from a year earlier as exports to key trading partners rose as the global economy normalized from Covid-19 and imports remained subdued amid weak domestic demand. The country's trade surplus rose to 21.97 billion ringgit thanks in particular to strong exports to China and the U.S., Ministry of International Trade and Industry data showed Wednesday. That handily beat the median forecast from a Wall Street Journal poll of...
Tanzanians headed to the polls on Wednesday for presidential and parliamentary elections that President John Magufuli hopes will hand him another five-year term despite criticism from rights groups that the government has stifled political dissent. Magufuli's main challengers include Tundu Lissu, who was shot 16 times in 2017, and former foreign minister Bernard Membe.
The outlook for the U.S. economy has dimmed in the run-up to the presidential election, according to a Reuters poll which showed that a recent resurgence in novel coronavirus cases ran a high risk of halting the economic recovery.
Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. The Conference Board's findings came ahead of next Tuesday's fiercely contested battle for the White House between Trump and Democratic nomineee Joe Biden.
Consumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. The Conference Board's findings came ahead of next Tuesday's fiercely contested battle for the White House between Trump and Democratic nomineee Joe Biden.
Brazilian government borrowing jumped to its second highest on record in September, Treasury figures showed on Tuesday, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.
Brazil's federal public debt rose 2.59% in September to 4.53 trillion reais from the month before, the Treasury said on Tuesday, adding the total domestic debt stock rose 2.56% to 4.28 trillion reais.
Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.
Consumer confidence in the U.S. decreased slightly in October as the short-term outlook worsened amid a new rise in Covid-19 infections, according to data from The Conference Board released Tuesday. The consumer confidence index fell to 100.9 in October from a downwardly revised 101.3 in September. Economists polled by The Wall Street Journal expected consumer sentiment to edge up slightly to 102.0.
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