The data will over shadow Chinese data industry in the coming days, informs Reuters. In the following weeks the spot light will be on the “U.S. Federal Reserve” which is likely to over shadow China’s data industry. It is an indicative of a “grim inflation” in the euro zone which also affects the...

The report of BIS speculates on the possible risks followed by the fall of Chinese market which practically shook the global market, reducing it to an unstable ground. The major economies of the world, including China, which occupies a big space in it, have caused the investors to reassess the...

The main part of the gas will be supplied in the form of LNG through Spain. According to European authorities, Iran would become a major gas supplier to the EU by the end of the next decade. By 2030, gas supplies from Iran to the EU could reach 25 - 35 billion cu. m per year, which will reduce...

After a shaken period of time, Japan experienced its biggest gain this week after a spell of seven years, ripples of which had various effects on the various currencies. The 2008 global finance crisis had shaken the stock market of Japan like any other countries. However, the sign of better future...

Goldman Sachs cut its forecast for Brent and WTI crude through 2016 on the expectation that the glut will persist on Opec production growth, resilient non-Opec supply and slowing demand expansion on Friday. While a price of $20 a barrel was not unlikely and could be adopted to clear the...

The agency points to difficulties in carrying out reforms and corruption scandal with Petrobras. The rating agency Standard & Poors has lowered the sovereign rating of Brazil to below investment grade. The Agency believes that the current Brazilian government has difficulty in carrying out...

In an environment where the global crude oil prices have more than halved over the last one year, the oil and gas production from Britain’s waters is set to increase in 2015 for the first time in fifteen years,   This was the crux of a report, titled 2015 Economic Report, published by...

The world could save more than $22 trillion by 2050 if governments in various countries try and expand the public transport system, stress on the building and the use of build energy-saving edifices and consolidate better waste management systems in cities.    This was the conclusion of...

There is simply no reasons to fall in the gloomy predictions about the prospects for China's economy, believes the chief economist of the Asian Development Bank Shang Jin Wei. There is simply no reasons to fall in the gloomy predictions about the prospects for China's economy, believes the chief...