The majority of the European markets ended Thursday’s session in the red. After fluctuating between small gains and losses in early trade, the markets turned definitively lower following the…
World Economy
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Gold jumped to its highest in nearly four months on Wednesday as a report that Chinese officials had recommended slowing or halting US Treasury purchases sparked a broad-based sell-off of the…
World-EconomyThe global lender has surprised analysts by predicting better-than-expected global growth. But the bank also warned of fading potential mainly in advanced economies due to aging populations.
World-EconomyCopper prices rose on Wednesday from a two-week low, while other industrial metals also gained after the World Bank forecast solid global economic growth in 2018 and the dollar weakened, making…
World-EconomyEgypt’s annual inflation rates dropped in December to their lowest levels since the country floated its pound currency in November 2016, sending prices shooting up, CNBC reported.
World-EconomyFrench industrial production fell by 0.5% in November from October, in line with expectations, as a drop in production in the chemicals and pharmaceutical sectors weighed on the overall reading…
World-EconomyShare prices were mostly lower in Europe and Asia on Wednesday as the afterglow from Wall Street’s extended winning streak faded.
World-EconomyThe Russian economy has retained positive dynamics and the country’s gold and currency reserves are growing, President Vladimir Putin said on Wednesday at a meeting with workers of the Tver…
World-EconomySweden’s central bank says a shift away from ultra-loose monetary policy is coming, but the board is split over when and how fast it should move, minutes of the latest policy meeting, published…
World-EconomyManufacturing fell by 10.1% between October and November 2017, new figures from the Central Statistics Office show. On an annual basis production for last November decreased by 11.1% when…
World-EconomyChina’s producer prices rose at their slowest pace in 13 months in December, as the government’s war against winter smog dented factory demand for raw materials in a sign the world’s second-…
World-EconomyThe EU is systematically warning UK companies of a regulatory chill after Brexit as it seeks to accelerate the private sector’s preparations for a no-deal UK exit, according to recent legal…
World-EconomyMexico’s annual inflation rate climbed to a 16-1/2 year high in 2017, piling pressure on the central bank and its new governor to act again next month to rein in inflation after hiking borrowing…
World-EconomyThe economy of the eurozone may have enjoyed faster growth than the United States in 2017, confidence is the highest it has been in decades and unemployment is at a 9-year low.
World-EconomyIn 2018, Indonesia is due to hold scores of provincial elections, ahead of a presidential vote in 2019. The local elections have caused some concern that a heated political environment could…
World-EconomyThere aren’t many words that sum up today’s economic growth paradigm in developing countries better than “infrastructure”. Roads, railways, airports, telecommunications grids, and power stations…
World-EconomyFrench President Emmanuel Macron focused on trade imbalances on the second day of his state visit to China, offering to open up France to Chinese investment in exchange for greater access to…
World-EconomySpeculation the Bank of Japan may wind back its monetary stimulus this year gripped markets on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds.
World-EconomyThe demographic dividend that helped drive ASEAN’s strong economic growth from at least the 1990s is coming to an end. Some countries are further down this path than others.
World-EconomyThe International Monetary Fund is “optimistic” about the global economy as it readies a new set of forecasts to be published later this month, chief economist Maurice Obstfeld said, Bloomberg…
World-EconomyHuawei Technologies Co Ltd’s planned deal with US carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said,…
World-EconomyThe gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in US dollars, according to Singapore’s BullionStar precious metals…
World-EconomyThe Swiss National Bank expects an annual profit of 54 billion Swiss francs ($55.25 billion) for 2017, the central bank said on Tuesday, the biggest profit in its 110-year history.
World-EconomyHedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in…
World-EconomyRomania unexpectedly raised borrowing costs for the first time in almost a decade as inflation bounces back and its economy expands at one of the continent’s quickest paces. The central bank…
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