91% of households now have internet access New Central Statistics Office figures show that 91% of households have internet access in 2019, a rise of two percentage points since 2018. The CSO’s latest Information Society Statistics also reveal that fixed broadband is the most common type of household internet access at 84%, compared with 47% […]
Category: Syndicated
China’s growth slows to weakest level in 27 years China’s economy expanded at its slowest rate in nearly three decades in the third quarter, hit by cooling domestic demand and a protracted US trade war, data showed today. Chinese gross domestic product expanded 6% in the three months from July to September, down from 6.2% […]
Activity in construction industry sees first slowdown in 6 years Activity in the construction sector contracted for the the first time in over six years in September, Ulster Bank’s latest Purchasing Manager’s Index reveals. The PMI fell to 48.3 in September, a significant drop from 53.7 recorded in August. Any figure under 50 signals a […]
Dublin market heading for big gain on Brexit hopes Dublin’s ISEQ index is on track for its biggest one-day percentage gain this year, soaring more than 230 points (3.7%) this evening, boosted by optimism that a Brexit deal can be reached. After holding talks yesterday in the UK, Taoiseach Leo Varadkar and British Prime Minister […]
China imports, exports down in September as growth cools China’s imports and exports fell more than expected in September, official data showed today, as US tariffs and cooling demand at home and abroad hit trade in the world’s second largest economy. Globally, China’s exports dropped 3.2% in September from the same period last year, while […]
Irish mortgage rates still higher than euro zone average New figures from the Central Bank show that Irish mortgage holders continue to pay the second highest interest rates in the euro zone. The average interest rate on all new mortgages issued here in August stood at 2.99%, down two basis points since the beginning of […]
Tech tariffs may spark retaliation from China China has signalled it intends to hit back after the Trump administration placed eight of the country’s technology giants on a blacklist over alleged human rights violations against Muslim minorities. Asked yesterday whether China would retaliate over the blacklist, foreign ministry spokesman Geng Shuang told reporters “stay tuned”. […]
Manufacturer slowdown starts to hit jobs market Jobs growth in manufacturing stalled for the first time since 2016 this month. A fourth consecutive month of weaker manufacturing conditions has started to feed through to weaker hiring data, according to a survey. AIB’s Manufacturing Purchasing Managers’ Index showed a drop in new orders led to a […]
Government will only borrow if it needs to for no-deal The Minister for Finance has said €650m will be made available to support the Agriculture, Enterprise and Tourism sectors and to assist regions most impacted by a no-deal Brexit. The money will be made available in the event of a no-deal. €220 million of that […]
€1.2 billion package to deal with Brexit – Donohoe The Minister for Finance and Public Expenditure and Reform Paschal Donohoe has today announced an overall package of over €1.2 billion to respond to the threat of a no deal Brexit. Delivering Budget 2020 in the Dáil, Mr Donohoe said some of these funds will be […]
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