Economics

After there were media reports that China aims to stop exchange trading of cryptocurrencies by the end of September, bitcoin tumbled significantly and is heading for its worst week since

Italy, suffering from the second largest debt burden in the euro area after Greece, may be close to solving this problem, writes Bloomberg.

The Bank of England said that the regulator might see a need to reduce incentives in the coming months. As a result of the September meeting, the central bank decided…

Speaking in the European Parliament with an annual message on the situation in the European Union, President of the European Commission announced the need to transform the administrative structures of…

Despite the fact that the Swiss share market has grown insignificantly this year, one subject has showed a staggering profit, which puzzled market experts trying to explain this phenomenon. This…

“Very high risk” and speculative was how the Britain’s Financial Conduct Authority (FCA) described initial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects,

Americans are slow to declare the income received from operations with crypto-currencies, and therefore the IRS is now looking for ways to track the crypto community and intends to "tighten…

Helped by healthy expansion in the world’s second-largest economy, Chinese first-half net profits surged by nearly a quarter, and therefore China Inc’s earnings are off to a roaring start to

Apple has threatened Western Digital that it will not buy its products in the future with the aim of stopping Western Digital from taking control of Toshiba chip business, reported

Some analysts are pointing out just how crucial South Korea is to global technology even as President Donald Trump threatens to renegotiate trade with Seoul and tensions with North Korea

Companies should always be aware of changes made to labor legislation. However, cost of these changes has increased dramatically when Trump came to power, and American small businesses was the…

Investment banker Goldman Sachs has said in a research note that North Korea tensions aren’t actually what’s driving the rally in gold despite many claims to the contrary. Instead, the

France will stop issuing new permits for exploration of hydrocarbon deposits next year, as the country seeks to complete all oil and gas production by 2040, according to a bill…

The euro’s value began to grow again and on Tuesday, August 29, reached the level of 1.20 against the dollar. In part, this reflects the restored health of the European…

The S&P 500 index is declining as the situation in the Korean peninsula is worsening and flooding in Texas keeps bringing unpleasant consequences. Unfortunately, this is only the beginning. September…

A member of the monetary policy committee at the People’s Bank of China is of the opinion that there is unlikely to be any change in the relationship between China

South Korea is one country may manage to stymie major changes in the aggressive drive by the Trump administration to renegotiate U.S. trade deals. Threatening to terminate it, the U.S.-Korea

Expectations of an interest rate increase in December could be diminished by the data of U.S. consumer spending which showed that annual inflation increased at its slowest pace since late

Head of JPMorgan Chase, James Dimon, whose bank ousted Citi from the top of the list of financial giants, recently said that he is primarily an American patriot and only…

Notching its quickest pace in more than two years, the U.S. economy grew faster than initially thought in the second quarter. And at the start of the third quarter, there

Euro/dollar exchange rate has risen to the highest level in more than two and a half years. Breaking psychologically important mark at 1.20 in the morning on Tuesday, August 29,…

Investing in European companies isn’t far-fetched even as the landscape in Europe is changing, analysts say. Primarily due to geopolitical concerns posing risks to businesses in Europe as their products

Once the U.K. leaves the European Union, the City of London is unlikely to change substantially despite fears of irrevocable damage. Given that it’s likely to lose its EU passporting

Despite the fact that numerous refineries and some crude production were knocked off by the Hurricane Harvey and wreaked havoc along the U.S. Gulf coast over the weekend, oil markets

Researchers told an influential group of central bankers in Jackson, Wyoming, on Saturday that even if the debt of a country is already quite large, government spending in a recession

Small cap investors may be left scrambling for quality names and more resilient sectors as U.S. small-cap stocks may face more selling pressure because they are highly sensitive to the

Futures based on the common electricity market of Germany and Austria has been dominating the electricity trade and fixed wholesale electricity prices throughout Europe for 15 years. Since the single…

Possibilities of closer financial ties between Saudi Arabia and China were raised after media reported that the former is willing to consider funding itself partly in Chinese yuan. In order

Head of the European Central Bank (ECB) Mario Draghi said that although the actions of central banks over the past decade have strengthened the world economy, it is important to…

Economies of the United States, Japan, and Korea may pay dearly for the tense situation on the Korean peninsula.

After rising at its most rapid pace in 2 1/2 years in the second quarter, the world economy looks well on its way to a year of faster, firmer growth.

Total, one of the world's largest oil producers, believes that almost a third of new car sales will fall on electric cars by the end of the next decade. The…

The International Monetary Fund is issuing a strong warning over growing debt in the world’s second-largest economy – China, even as the funds lauds the growth in the Chinese economy

The biggest uncertainty in the forthcoming NAFTA talks is whether a deal can pass President Donald Trump’s “America First” test as the United States, Canada and Mexico kick off negotiations

At a time of heightened tension over North Korea’s nuclear ambitions, Trump’s move, the first direct trade measure by his administration against China, is believed unlikely to prompt near-term change

Aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts, the Trump administration is starting renegotiations of the 23-year-old NAFTA trade

Corporate America is finding China to be a reliable source of profit growth this year even as trade tensions between Washington and Beijing may be running high. In recent weeks,