An improvement in the U.S. economy and the labor market were the reasons cited by the country’s Federal Reserve for raising of interest rates on Tuesday which was its third raise in 2017.   The benchmark interest rate was increased by 25 basis points to between 1.25% and 1.5% by the Fed....

Economists fear that the extremely low interest rates of the Bank of Japan could damage the ability of banks to conduct business if they continue for too long, as the Reuters poll showed. Governor of the Bank of Japan Haruhiko Kuroda noted this opportunity, indicating in November a "reversal rate",...

The government of South Korea intends to limit the trade in crypto-currencies, Bloomberg reports citing the department for the coordination of state policy of the country. A temporary working group will be assembled to develop a new state policy - it will also consider the option of introducing a...

Goldman Sachs Group Inc. predicts that commodities will yield better returns than other assets in the long term, writes Bloomberg. Strong growth in global demand for commodities gives more grounds for investing in them, the bank's report of December 11 says. Goldman expects a return of 10% in 2018,...

Calls to seriously consider the present system of Cold Chain practices and make improvement to   the entire logistical set up in the Asia Pacific region so that it can be ensured that cold chain systems can be put in place in the various countries located in the region, was given by Fiji...

Questions about whether bitcoin is in a bubble and is about to burst are being raised after the cryptocurrency surpassed the $16,000 mark as it saw a 67 percent rise in value during last week.   Investor interest has been fueled by the impending launch of bitcoin futures and there was...

There is potential of the inching up of the British economic growth in the present quarter as is evident from the data showing strong manufacturing sector and construction sector growth despite a slight slowdown in the services sector, showed a survey of all the three sectors.   The large...

On Thursday, December 7, Bitcoin’s rate updated the maximum, reaching $ 15 thousand. Now the cost of one coin is $ 15,080, according to the data of the Coinmarketcap service. Capitalization of the first crypto currency has exceeded $ 250 billion. For comparison, the current capitalization of...

Europe is becoming the world leader in banking regulation. At least five new sets of rules should soon enter into force in the EU. They will open the banking sector of the Old World for greater competition, tighten the rules of trading, reduce the reporting profit and raise capital requirements....