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% […]
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Ireland sees 12% increase in brand value – survey Ireland has recorded a 12% increase in brand value over the past year to bring its total to $604 billion. This is according to the latest report by Brand Finance, which ranks the 100 most valuable and strongest nation brands every year. Brand Finance said that […]
Fear of ‘difficult’ tenants driving landlords out of market – RTB The chairman designate of the Residential Tenancies Board has said the fear of difficult tenants is one of the reasons why “accidental” landlords are getting out of the market. Speaking to the Oireachtas Housing Committee, Tom Dunne said some landlords are “vulnerable” and he […]
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 […]
Economy to slip into recession after no-deal Brexit – Central Bank The Central Bank has delivered its first detailed forecast for what the economy might look like under a disorderly, no-deal Brexit. The bank believes the worst impact will be felt in the early part of next year. It expects disruption to trade at ports […]
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 […]
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Co. Galway.
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Mobile: +353 (0)86 2550866
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Web: www.michaelfdolan.ie
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