Economics

On Monday, China and Hong Kong launched the Bond Connect program. This is cross-traded bonds, which open access to the market of China's debt securities for foreign investors. The market’s…

The stock market is betting that a poor showing by Japanese Prime Minister Shinzo Abe’s party would be good for shares even though the premier has seen his popularity slump

Industrial production in Japan declined more rapidly in May than it was in the aftermath of the devastating earthquake in March 2011, while stocks reached their highest level in almost…

According to the Institute of International Finance (IIF), the growth of the world debt for the past year has slowed down: in the first quarter it grew by only $…

With one encounter at a time, Canada’s trade minister is trying to save NAFTA, in the baking Ohio heat. As a part of a concerted Canadian outreach campaign ahead of

The UK is shutting down the largest underground gas storage facility, which could result in a fuel shortage this winter. Most likely, all European storage facilities will no longer be…

Making the United States think twice over pursuing inward-looking policies and standing against a protectionist tide threatening the global economy, a free trade deal is being aimed to be reached

Sales of new cars in the US in 2017 will be range "below 17 million," which may indicate a moderate decline in the industry, told experts General Motors quoted by…

Even as the iPhone maker seeks deeper access to the world’s third-largest smartphone market behind the United States and China, in a meeting with the Indian prime minister on Sunday,

During the first day of the World Economic Forum’s “Summer Davos” event in Dalian, China, Premier Li Keqiang delivered an address resoundingly touting the benefits of globalization. Although he acknowledged

Head of the European Central Bank (ECB), Mario Draghi, spoke in favor of incentive measures, saying that young people will benefit from the revival of growth in the euro area,…

Last summer, UK residents voted to "stop feeding the EU", meaning to finance a number of joint projects. Now, however, it turns out that it is the EU that feeds…

According to a new survey conducted by CNBC, fears that a trade war could be forthcoming has been ignited by a war of words between U.S. President Donald Trump and

Representatives from Beijing said in New York last week that China’s flagship One Belt, One Road infrastructure program has far from enough financing right now. Similar to the ancient “Silk

ExxonMobil and its colleagues risk wasting $ 2.3 trillion on oil projects that will not be needed if the world reaches peak demand for hydrocarbons over the next decade, OilPrice…

The duopoly of Airbus and Boeing will be forced to share the stage at future shows as newcomers from Russia, China and Japan muscle into the passenger plane market even

Oil companies are interested in renewing the search for oil and gas in almost unexplored seas near the Faroe Islands, which are located close to the British North Sea, Head…

The head of European oil and gas research at Macquarie has warned that beyond February 2018, the OPEC-led production cut agreement that was extended last month is unlikely to survive

The World Bank is shifting from the role of major development projects lender to the role of a private sector investment broker.

Australian Prime Minister Malcolm Turnbull announced that his government will grant companies the right to obtain licenses for gas exports in an attempt to reduce domestic gas prices, writes Business…

When the largest bank of Azerbaijan wanted to extract hundreds of millions of dollars from funds in neighboring Kazakhstan, it had to go backwards for 2,700 miles to Ireland, writes…

American online retailer Amazon.com reached an agreement to purchase a Whole Foods Market supermarket chain for $ 13.7 billion. The company will pay $ 42 per Whole Foods’ share.

Greece will avoid a default in July since European creditors agreed to allocate € 8.5 billion for the country. The delay in payment became possible thanks to unpopular reforms in…

In the first five months of this year, central banks bought assets worth $ 1.5 trillion. Among these assets are stocks, bonds and real estate.

With the intention to make its position more clear before negotiations kickoff, pressure on the U.K. government has been stepped up by the European Parliament’s representative in relation to Brexit.

Markets are wrestling with the central bank over whether the economy reflects a glass half empty or half full, doubting the Federal Reserve’s ability to hike rates as forecast. The

While Wall Street banks do not expect significant change any time soon, they however cheered U.S. President Donald Trump’s plans to loosen the leash put on them in the wake

The U.S. Federal Reserve may provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery and due to a tightening labor

Even as Qatari Finance Minister Ali Shareef Al Emadi stressed that his country’s resilience to any potential economic shocks, he said that Doha won’t be the sole loser in an

Sideswiping investors who had already weathered major risk events in the United States and Europe, sterling spiraled lower on Friday as British elections left no single party with a clear

SoftBank, a member of the Japanese holding SoftBank Group Corp, entered into a definitive agreement on purchase Boston Dynamics and Schaft, two manufacturers of robots owned by Alphabet Inc.

Amidst potential disruptions from United Arab Emirates ports refusing ships from the country, natural gas buyers could be spurred to seek greater diversification in sourcing due to Qatar’s diplomatic crisis

As inflation remains below its target despite stronger economic growth in the euro zone, the European Central Bank is likely to keep the money taps fully open. The ECB President

The yen strengthened, and Japanese bonds fell on rumors that the Bank of Japan could change its rhetoric and admit that it is discussing a strategy of curtailing monetary stimulus,…

A few weeks ago, Standard Financial, a bank with assets of $ 488 million and only nine branches, merged with Allegheny Valley Bancorp, an even smaller neighbor in the suburbs…

The Energy Information Administration (EIA) of the United States has published another short-term forecast on the level of oil production in the country. According to the report, US oil companies…

Despite a deceleration in job growth last month, a sustained labor market strength was pointed out by a jump in employment in the U.S. to a near two-year high even

The long past of the dispute between Saudi Arabia and Qatar are best explained by natural gas and the latter’s excommunication of the former has been brewing since 1995. That

On the night of Tuesday, June 6, the weighted average bitcoin rate was close to $ 3,000, while the aggregate market capitalization of the market surpassed the $ 100 billion…

When a central bank signals that it is scaling back the stimulus that has kept an economy afloat – and lined the pockets of investors, history suggests that financial markets