South Korea will impose fresh mortgage curbs for owners of multiple homes to put a brake on binge borrowing, amid concerns a build-up in household debt could leave the economy exposed to a crash…
World Economy
General Electric Co. tumbled the most in six years after the company’s deteriorating outlook stoked fears it will cut its dividend for only the second time since the Great Depression.
Gold hit its lowest in over two weeks on Monday, as the dollar climbed to a three-month high versus the yen after Japan’s ruling bloc scored a big win in Sunday’s election, leaving the door open…
The unemployment rate for Taiwan in September moved lower as the number of people who quit their jobs or were laid off during the month was down from a month earlier. The number of first-time…
Denmark’s consumer confidence weakened for the third straight month in October, though slightly, survey figures from Statistics Denmark showed Monday, RTTNews reported. The consumer confidence…
Brazil’s telecoms regulator Anatel on Monday is set to reject a request by indebted telecoms company Oi SA to swap almost five billion reais ($1.57 billion) in regulatory fines for new…
As Kobe Steel Ltd becomes increasingly embroiled in a data falsification scandal, concerns are growing about its outstanding liabilities despite the Japanese company’s sizable cash reserves.
Ever since the price of oil collapsed in mid-2014, there’s been a broad consensus among the bond-market crowd that Venezuela was going to default. Not immediately, they said, but at some point…
Investment by Britain’s manufacturers has seen a reality check in response to the continued political uncertainty, research has found.
According to the EEF/Santander Annual Investment…
Asian stocks ended broadly higher on Monday after the US Senate approved a budget blueprint that paves the way for tax cuts and Japanese Prime Minister Shinzo Abe’s ruling Liberal Democratic…
As workers struggle with the uneven fruits of globalization and automation, investors are backing the next wave of transformative technology, Credit Suisse’s APAC private bank chief investment…
World Bank’s projection for Kazahstan’s 2017 growth has been revised upwards from 2.4 to 3.7%, according to the bank’s latest Regional Economic Update “Migration and Mobility in Europe and…
Romania’s economy could rise above its potential in 2017 and 2018, the World Bank estimated in its most recent report on Regional Economy, Migration and Mobility in Europe and Central Asia.…
Vietnam is confident it will meet its goal of 6.7% economic growth this year, and forecasts the same rate of expansion in 2018. Prime Minister Nguyen Xuan Phuc gave these projections in a speech…
It is five big wins in a row for Japanese Prime Minister Shinzo Abe. His impressive victory in Sunday's Lower House election follows two earlier lower house successes and two in votes to the…
S&P Global Ratings expects that Malaysia’s objective to escape the middle income trap will continue to be a challenge while credit risk is high because of the country’s high private-sector…
Australia’s economy looks like it will dodge the dual risks of a sharp fall in housing prices and a slowing in China, according to the latest Deloitte Access Economics Business Outlook.
Indian Prime Minister Narendra Modi on Sunday asserted that the process of taking “important decisions” regarding the economic reforms will continue. His assertion came at a time when the…
Unsurprisingly, Qatar has been on the investor radar particularly with regard to the banking sector liquidity, higher cost of funds, inflation notching up, capital flight, slowing non-oil GDP…
For the eight consecutive months, Nigeria’s inflation rate dropped to 15.98% in September, from 16.01% in August, indicating stability in the economy. But food prices remain high, rising by 0.07…
Moody’s Investors Service has Sunday downgraded the long-term issuer and senior unsecured ratings of the government of Angola to B2 from B1 and changed the outlook to stable from negative.
There’s a scary little statistic buried beneath the US economy’s apparent stability: Consumer debt levels are now well above those seen before the Great Recession, Business Insider reported. As…
Tanzania’s central bank revealed that its current account deficit shrank by $580 million to $335 million during the quarter ending June 2017. This is compared with the $915.6 million deficit…
The European Central Bank is poised to start wrapping up its unconventional monetary stimulus as early as this coming week. Policy tightening, albeit extremely gradual, will affect the common…
China’s unemployment rate has hit its lowest point in multiple years at 3.95% by the end of September, but employment still face challenges as the economy pushes ahead with structural reforms,…
