Economics

Japan and the US have agreed to ensure the continued supply of semiconductors amid a global shortage that is affecting primarily automotive production.

According to the International Monetary Fund (IMF), the economy of the United States as well as that of the world will be boosted by the US President Joe Biden’s $1.9

The US may expect an economic boom after the end of the pandemic, says Jamie Dimon, head of JPMorgan Chase. He said this in his annual letter to shareholders published…

Available data from digital currency manager Coinshares showed this week that during the first quarter of the current year, there was a record inflow of money into funds dealing in

On 5 April, the S&P 500 and Dow Jones US stock indices hit new all-time highs, with the S&P 500 up 1.4% to 4,077 points and the Dow Jones up…

The plans of the Bank of Japan to launch its own digital currency was kick started on Monday with the central bank starting to hold experiments to examine and understand

China was lending to developing countries on secret terms that put other lenders at a disadvantage and gave China an advantage. The Financial Times reports this, citing an expert report.

At the end of the quarter, the drop was the largest since Q4 2016.

World trade is recovering faster than previously expected - after falling by 5.3% in 2020, physical growth could reach 8% this year, according to an updated World Trade Organization (WTO)…

There was a new set back to global trade as authorities of the Suez Canal stopped all ships entering the channel on Thursday as the huge container ship continued to

A shortage of ships carrying raw materials from South America could cause a global shortage of toilet paper, Bloomberg reports.

The wealth of billionaires reached new heights in 2020 when the rest of the world was grappling with unemployment and lost jobs and businesses because of the Covid-19 pandemic. And

The covid-19 pandemic last year resulted in the biggest banks of the world cutting down by 9 per cent for projects involving fossil fuels even though that spending last year

Sales of new homes in the U.S. in February fell 18.2% from the revised January figure to 775,000, according to the U.S. Commerce Department's Census Bureau.

While pointing out to a number of emerging signs of a stronger global economic recovery, the second most important official of the International Monetary Fund on Saturday also warned of

The International Monetary Fund (IMF) said that the global economy is recovering faster than previously forecast. This was stated by First Deputy Head of the IMF Geoffrey Okamoto.

The United Nations Conference on Trade and Development (UNCTAD) now expects the global economy to grow faster in the current year of 2021 at 4.7 per cent compared to its

Since the start of this year, SPAC IPOs in the US have totalled $85.9bn - more than the full year 2020 in less than three months. This is data from…

For the first time since the pandemic, investors no longer see the coronavirus as a major threat to markets. Investment fund managers surveyed by Bank of America rather fear rising…

A new study that was published on Tuesday has claimed that there needs to be an increase of 30 per cent in planned investment in clean energy by 2050m totalling

China's statistical office recorded a record improvement in January-February in a number of indicators, such as industrial production, retail sales and capital expenditure rose by more than 30% year-on-year.

The Chinese economy continued to consolidate its fast recovery from the Covid-19 pandemic with the country’s factory and retail sector activity growing in the forts two months of the current

A new draft policy e-commerce firms prepared by the Indian government will mandate that such companies follow a policy equal treatment of sellers on their platforms while also ensuring transparency.

With the aim of restraining euro zone borrowing costs, the European Central Bank could be printing money faster, the central bank signalled on Thursday. The ECB however did not say

Apple has announced that it will invest €1 billion in Germany in the coming years.

Europe's main stock exchanges accelerated by Monday evening, with Germany's DAX index breaking all-time records, trading data showed.

The United States has suspended import tariffs on a number of goods from the United Kingdom including on single malt whiskies. The tariffs were imposed as a part of the

Insurance policies against Covid-19 while travelling or going on vacations are becoming as common as ensuring having passports and sunscreen which is expected to boost the insurance sector with more

The US and European authorities have agreed to end the trade war temporary. They have suspended all customs duties imposed as part of the dispute around Boeing and Airbus, stated…

China – the second largest economy of the world, has set itself a relatively modest annual economic growth at just over 6 per cent for the current year while also

According to Katherine Tai, the nominee for the posy of trade representative of the United States as chosen by President Joe Biden, the new administration would continue to work to

The Citigroup has said that the crypto currency bitcoin is at a “tipping point” and could turn out to be the currency of choice for international trading. That helped the

The US Federal Reserve (Fed) has predicted new problems for the national economy, Reuters writes. The US central bank's management spoke about possible threats in a speech before Congress with…

With a growing number of United Kingdom linked digital financial companies getting licenses in Lithuania so that they are able to operate within the European Union due to the complexities

With the crypto currency bitcoin touching new record highs again as late as last Friday, the co-founder and chief of the United States based electric car maker Tesla is of

Prosecutors have already requested information on GameStop and AMC stock trades in a criminal case of market manipulation. The Securities and Commodity Futures Trading Commission is also looking into the…

The US House Financial Services Committee has approved a proposal to provide another $15bn financial aid package to US airlines.

According to industry groups and former United States officials, countering China’s growing technological power needs development of China’s growing technological power by the new Biden administration of the US. Among

The increased red tapism and border disruption because of Brexit is causing problems for almost half of British exporters to the European Union, showed a survey that is one of

Kraft Heinz Co. third largest food and beverage company in North America and the fifth-largest food and beverage company in the world, has finalised plans to divest its nuts business

The recent trading frenzy at the American stock exchanges in Reddit favorites such as GameStop could be shifting towards other stocks as indicated by the stocks of cannabis companies reaching

With investors seeking to take advantage of the increasing institutional interest in the evolving asset class of crypto currencies, a futures derivative of ether, the second largest crypto currency in

Raiffeisen Bank International (RBI) is buying 100% of Czech Equa bank from investment company AnaCap Financial Partners, the bank holding company said in a press release.

According to Baker Hughes, the number of rigs in the U.S. rose 9% in January, though it is still half what it was a year ago.

Private businesses will now be allowed to operate in most sectors of Cuba, said the government of the country on Saturday which marked the biggest reform in the country in

In January, Iraq showed 106% compliance with the agreement to reduce oil production under the OPEC+ agreement, the Iraqi state-owned State Oil Marketing Organization (SOMO) said on Wednesday.

The global economy shrank by 4.3% in the "covid" year 2020, which was the biggest decline since the Great Depression, according to a UN report on the economic outlook.