Retail sales in the United States are expected to grow at a slower pace this year, the National Retail Federation (NRF) said on Wednesday, as fears of a recession and tremors in the banking industry cast a shadow over a recovery in consumer spending.
Oil prices moved little in early Asian trade on Thursday as markets awaited key business activity data from China for more cues on the world’s largest crude importer, although signs of tightening supplies saw crude prices trading higher for the week.
The U.S. dollar was on the front foot on Thursday as receding concerns over the banking sector helped improve risk sentiment, with investors switching their attention to the Federal Reserve's battle against inflation.
In the changed post COVID-19 business landscape, the global market for Nitrile Butadiene Rubber (NBR) estimated at US$2.3 Billion in the year 2022, is projected to reach a revised size of US$3.6 Billion by 2030, growing at aCAGR of 5.5% over the period 2022-2030.
A global banking crisis has put China’s struggling regional lenders under new scrutiny following a sharp slowdown in the economy. But recent moves from Beijing should give investors some comfort.
Vietnam's economic growth in the first quarter slowed to 3.32% from an expansion of 5.05% in the same period last year, government data released on Wednesday showed, as its exports fell sharply.