After the People's Bank of China checked cryptocurrency exchanges and introduced restrictions on withdrawals, bitcoin received support in other countries such as Japan and South Korea. India, the country heavily influenced by the demonetization policy, also showed growing acceptance of the...

In order to try and nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration, world finance leaders are gathering on U.S. President Donald Trump's home turf in a meeting.   Barely just two blocks from the White House, the two...

Giving rise to concerns that emerging economies such as China and Thailand could see growth stall before they transition into high-income status, economists said that Asian populations will grow old at a faster pace than any other region in the coming decades.   Governments'...

Depending on which candidates make it to the final leg of the race, the first round of French presidential election on Sunday could bring on intense market volatility as it is a major test for euro zone unity.   Since the U.K. voted to leave the European Union last June, French...

International Business Machines (IBM) reported a drop in revenue above market expectations. Demand in the company's largest business – services - fell for the first time in five quarters, Reuters reported. IBM shares went down by 4%, to $ 163.15 after the end of trading on Tuesday. Net income of...

Arctic territories are becoming incredibly attractive for world oil companies. Opposition from environmentalists and the presidential oil drilling ban did not scare oil companies away, the more so a study in Alaska revealed huge oil reserves. A new upsurge of interest to the region will contribute...

A lengthening list of uncertainties for investors already on edge over tensions simmering from North Korea to France was further added another uncertainty by a snap general election call in Britain and shares and the dollar fell on Tuesday.   And after stocks weakened in Europe and Asia,...

Saudi Arabia will transfer the country's airports to the National Welfare Fund by mid-2018 as part of nationwide privatization. The campaign is expected to diversify the economy due to the fall in oil prices that began in 2014, Bloomberg writes. Airports will be turned into companies before they...

As higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years, China's economy expanded faster than expected in the first quarter.   With forecast-beating March investment, retail sales and exports all suggesting...