London Interbank Offered Rate (LIBOR) is published each working day shortly before noon on British time. This is the weighted average rate at which loans are offered to banks in five currencies and seven maturities, from one day to 12 months. The rate is based on the data provided by 20 selected...

Hot stocks like Google-parent Alphabet Inc and Visa Inc. are being outpaced by shares of industrial products maker Handy & Harman Ltd with a nearly 30-percent gain in 2017. Yet, in large part because no sell-side research analysts publish any estimates of its earnings, few on Wall Street have...

World stocks update highs on Tuesday, despite weaker than expected data on China's trade, which overshadow prospects for global growth, writes Reuters. China's imports and exports lagged far behind forecasts last month. Exports from China in dollar terms increased by 7.2%, imports - by 11% compared...

The Prime Minister of Japan and Head of the Liberal Democratic Party of the country Shinzo Abe found himself in the epicenter of a serious political scandal. There is no certainty that he will be able to stick to his post until the end of his term of office, and this makes one think about the...

The volumes of foreign sales of large world companies are rapidly declining. Corporate income received abroad in 2016 slid to 44% worldwide, the lowest in 5 years, says HSBC. HSBC analysts used indicators of the country's 29 largest stock indices to determine the amount of income of listed firms...

Setting the stage for a moderate economic expansion in the third quarter, amid a slowdown in new orders and consumer spending barely rose in the prior month, a gauge of U.S. factory activity slid from a near three-year high in July.   And showing motor vehicle sales in July recorded their...

The euro rate in recent weeks has grown significantly. In relation to the US currency, the European currency reached its highest level from the beginning of 2015 at a low of 1.17, which is ten cents more than in April. Exactly five years ago, on July 26, 2012, ECB President Mario Draghi announced...

Countries of the South American trading block Mercosur may exclude Venezuela from its membership because of elections to the National Constituent Assembly, Paraguayan Foreign Minister Eladio Loizaga said. Venezuela’s membership in the trading block was temporarily suspended in December 2016 after...

Swiss banks paid 970 million Swiss francs ($ 1 billion) at negative interest rates in the first half of 2017, which is 40% more than in the same period last year, as customers continue to accumulate cash. The Swiss National Bank (SNB) charges a fee of 0.75% of large deposits in the central bank,...