Economics

Breaking through the $6,100 barrier, bitcoin set a new record high on Saturday. According to data from industry website CoinDesk, just a day after pushing through the $6,000 mark, the

Answer to an economic puzzle that analysts and policymakers alike have been struggling to solve this year can be provided by women coming into Australia’s workforce. The jobless rate hardly

As investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies, the market capitalization of bitcoin was

Many believe that the financial sector hardly suffered from the crisis that burst ten years ago. However, a new research of the analytical bureau New Financial shows that this is…

China is experiencing a "golden age" of natural gas, which will make the country the world's largest consumer of this fuel between 2040 and 2050, Bloomberg reports citing Sanford C.…

Greece's creditors will return to Athens next week to assess Greece's compliance with the terms of the rescue program, writes Reuters.

According to the head of the International Monetary Fund, world’s central banks and regulators now need to get serious about digital currencies as it is time when this currency would

The volume of oil produced in the oil-rich Kirkuk, an Iraqi province, fell sharply due to the fact that production was stopped at two fields. This happened after the government…

China is a relatively open economy. In recent years, it has been striving to realize the "impossible trinity", receiving quite predictable results.

With the aim of defusing prevailing tensions within the carmaking group and to reduce overlaps, German auto giant Volkswagen will make its three mass-market brands more distinct, said the chief

After Brexit negotiators declared talks between the U.K. and the European Union had reached a deadlock there was a sharp drop in the value of the sterling. For the session

Mario Draghi’s words about curtailing the quantitative easing program will not stop the impetus for the growth of European stocks.

Investors tend to avoid papers traded near the highs. Their fears are justifies: if a stock has grown significantly in recent times, what is the probability that the growth will…

The yardstick for measuring the success of trade deals as identified by the Trump administration has been the trade deficits. But analysts say that it is a miscalculation. For various

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…

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…

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…

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…

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

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

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…

Financiers usually refer to the new regulations as boring and confusing documents that are better be left to lawyers and the supervision department. But this does not apply to the…

The decision of the Japanese regulator will allow the country to retain its leadership in the Bitcoin market as China turned its back on the crypto-currencies.

The release of Chinese offshore dollar bonds will reach 80% of the Asian market outside of Japan within three to five years, as support for buyers from the region is…

Decision of the Japanese Prime Minister to continue raising taxes to increase funding for the social sphere resulted in ceasing of criticism from the tax advisers of the Japanese government,…

The period of steadily low oil prices is nearing its end, as demand grows and shortages of supplies are coming soon, Bloomberg reports with reference to Trafigura Group company, which…

The Trump administration is trying to lay the foundation for the opening of the Arctic National Wildlife Refuge (ANWR) for drilling oil and gas wells.

Saudi Arabia has hired banks to organize a potential issue of bonds on the international market, as the largest economy of the Persian Gulf and the world's largest oil exporter…

Blaming Brexit, a sluggish economy and Theresa May’s weakened political position, Moody’s Investors Service cut the U.K.’s credit rating. Dropping the rating to what is the third-highest investment grade, the

U.K. Prime Minister Theresa May failed to provide solid details on what this period would ultimately look like even while she said that her government wants a transition phase before

Opening up India’s debt markets to the rest of the world, the Indian government listed its first ever bond index on the London Stock Exchange on Friday. The index will

Canada’s limited success in diversifying exports leaves the nation too reliant on U.S. markets to play hardball despite Canada’s threats to walk away from NAFTA talks if necessary. There are

The conflict between Catalonia and Spain can lead to major political turmoil and serious economic aftermath for the both sides.

It's been two weeks since Hurricane Harvey hit Texas, but the volatility of the stock statistics is still there.

Fears of regional conflict have bene prompted as tensions escalate over who owns a portion of the country’s crude as an oil-rich province in the north of Iraq plans to

With the aim of raising money from an industry that they say provides less than it should to public coffers, the European Union finance ministers are developing a new way

The Chinese currency’s rally ended with a sharp weakening. Over the past eight trading sessions, the offshore exchange rate of the yuan has lost 16 figures. Why?

OPEC member producing countries made it clear that their promise to "do all what it takes" to restore the balance in the oil market does not imply a deeper decline…

China's central bank increased liquidity injections at a maximum rate in eight months, as demand for financing rose before the week-end vacation at the end of the quarter, reports Bloomberg.

The markets were confused with the recent launch of missiles by North Korea, and so Head of the largest bank of Japan warned his fellow citizens of the danger, reports…