The bad debts of Indian banks in late June reached a record 9.5 trillion rupees ($ 145.56 billion). This is reported by Reuters with reference to unpublished data, which indicate that Asia's third largest economy is far from solving the problem of overdue loans. As noted by Reuters, an overview of...

The fourth round of talks on the revision of the North American Free Trade Agreement (NAFTA) begins on Wednesday, and time is running out for Trump's negotiators to conclude a new deal, CNNMoney writes. Before that, there was little information about any progress in the negotiations between the US,...

30% of the European Union’s 915 billion bad loans are located in Italy, no wonder the proposal has tread on a nerve. On Tuesday as per a letter published by the Italian Press states that the head of the European Parliament has told Mario Draghi, the President of the European Central Bank (ECB) that...

Japanese advertising giant Dentsu will have to pay a penalty for excessive hours its employees spent at work. Overtime has long been a serious problem in Japan, and the government has repeatedly criticized this practice. In many cases, including in the case of Dentsu, excessive hours cause death of...

The hurricane did not take place. Hurricane Nate, which could become the third consecutive devastating natural disaster in America, weakened and is no longer posing a serious threat. Meanwhile, oil companies have already begun work to restore production in the Gulf of Mexico. Even on Saturday, the...

While the LSE’s LCH unit has been the predominant clearing house for IRSs in Europe, with Brexit’s growing uncertainly, banks including Deutsche Boerse are taking steps to move voluminous transactions to Eurex, German clearing unit. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10);...

Despite recent tensions in Spain with Catalonia possibly declaring independence in the coming days, the rise of populist politics in Italy should still be front and center for investors in Europe.   "Italy is not generating sustained growth and it still has the issue of bad loans," a...

At the World Economic Forum's summit here in the Indian capital in New Delhi, executives across India Inc voiced broad-based optimism about the country's economic growth.   And the message that it's time for more game-changing reforms was sent to the government by all of that...

China's desire to reduce air pollution can affect already declining economic growth in the country by 0.25 percentage points over the next six months, and, at the same time, increase production inflation, Bloomberg reports citing Societe Generale SA. Reducing production activity to lower emissions...