After China now it is the turn of Japan. The economy of the ‘Country of the Rising Sun’, the third largest economy of the world,  posted an output contraction of 0.4% in the first quarter of the current fiscal sending jitters waves across global markets. This poor result is despite the...

There is good news for the financial advisers if the analysis of Hartford Funds is to be believed. The form has suggested that in the next couple of years, Youth clients can be the prospective targets for financial advisers, a target group that the advisers have been pro-actively following and...

China's central bank issued a statement in which it warned investors that the yuan would soon be experiencing fluctuations in both sides. Allegedly, the government does not intend to participate in the currency wars, and will intervene in the market only in exceptional cases. The People's Bank of...

The wage gap between the highest paid and the average worker is widening in the UK, according to a recent survey. The survey conducted among CEOs from the UK's top 100 listed firms showed that the top executives earned 183 times more than their companies' average worker in 2014. A year ago this...

Hong Kong's economy in II quarter 2015 increased by 0.4% compared to the previous three months, the government said in a statement. GDP growth in the April-June slowed down in comparison with I quarter, when it amounted to 0.7%, but was better than the average forecast of analysts surveyed by...

Fears of a global oversupply of crude oil following huge stockpiles and refinery shutdowns forced the price of US crude to its lowest in almost six-and-a-half years on Friday. Friday’s fall was preceded by more than 3 percent on Thursday as reports of a rise in stocks of more than 1.3 million...

The Eurozone economy fared below expectations in the first quarter, data released on Friday showed. The combined gross domestic product (GDP) of the 19 countries in the Economic block grew 0.3% quarter-on-quarter in the three months to the end of June, which represents a 1.2% climb year-on-year,...

Greece moved one step closer to being able to repay the debt to European Cnetral bank and remain with the Eurozone after its parliament approved a draft third bailout of about €85bn (£61bn). Aided by votes from opposition parties, the parliament passed the package after a marathon all-night...

After devaluing the yuan for three consecutive days earlier this week and sending jitters through the global markets, the Chinese central bank on Thursday tried to install some confidence among the world market by that there was no reason for the yuan to fall further given the country's strong...