Economics

Fresh headwinds in 2017 that are likely to curb growth, according to Mark Carney, are likely to be faced by consumers who were the backbone of U.K. economic resilience after

A recently published new study has found that up to a seven-fold contribution to the economy of Europe is generated by the money that is spent on advertising by brands

Members of OPEC and oil producers outside the cartel will probably not be required to extend the oil freeze deal for the period after June, as growth in demand and…

According to a study by a group including global business and finance leaders, by implementing a few key development goals, companies could unlock at least $12 trillion in market opportunities

In some way or another, about 20 cents of every dollar spent on health care in OECD countries is wasted, a new OECD report released Jan. 10 reveals this shocking

Just a day after China announced plans to invest a further $40 billion in the African country – Nigeria, Taiwan was asked to move its representative office out of the

Next Tuesday, a speech on the Britain’s divorce from the EU is expected to be given by the U.K.’s Prime Minister Theresa May. However, skepticisms about the extent of clear

Another corporate reporting season kicks off in the United States this week. During time, the largest public companies will be revealing their financial results for the fourth quarter of 2016,…

Bitcoin followers are hopeful that a fund that tracks the cryptocurrency would get approval and analysts are of the view that it would ultimately provide a major boost to its

As Boeing Co responds to increasing competition amid slowing aircraft sales, as a part of a cost-cutting drive, the aerospace and defense company warned that it will conduct involuntary layoffs

Alibaba laid out the Chinese e-commerce giant’s new plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years as

Pakistan shares still managed to be the region’s 2016 star outperformer as Donald Trump’s surprise U.S. election win put the kibosh on a late year market rally in Asia. The

According to one economist, it’s likely that the Federal Reserve will be “constrained” when it comes to raising rates even though the central bank surprised markets this month by forecasting

The US shale-oil companies are planning to increase exploration and production in 2017 since recovered commodity prices prompted banks to increase lending for the first time since 2014.

Six potential major surprises which, while outside its baseline scenarios, could shake things up, including a more retail spending and workers taking time off, have been pointed out by Nomura

Oil prices have risen by almost half since the last year, and Russia and China keep rejoicing. However, other countries have much less reasons for celebration.

China seeks to convert tourism into a major driving force for economic transformation and upgrading.

While some market watchers may say the rally has gone too far, too fast since the election of Donald Trump, it is a fact that stocks have soared to all-time

Monte dei Paschi di Siena, Italy’s third-largest lender, in June, reportedly refused to listen to suggestions from former Italian Industry Minister Corrado Passera in relation to potential ways for the

The Securities and Exchange Commission (SEC) of the USA has tightened the grip on companies that are trying to restrict activities of informants. New rules imply ban of labor contracts…

SolAbility, a research Institute located in Switzerland and South Korea, has published its report Global Sustainable Competitiveness Index, which compares countries by development and sustainability of their economies.

As the web-based digital currency jumped 5 percent on the day to its highest levels in three years after more than doubling in price this year, the total value of

Social Security Administration of Finland announced an experiment on unconditional basic income starting from January 1, 2017.

Deutsche Bank has still got mountains to climb, a senior director at Blackrock Investment Institute was quoted in the media saying, even while Germany’s biggest bank has made great strides

While regional stocks were mixed after Federal Reserve Chair Janet Yellen’s upbeat comments, shedding some gains made following killings in Germany and Turkey the yen edged down on Tuesday after

Rum would be used by Cuba to pay off its Soviet-era debt. Using rum and pharmaceuticals instead of money, a debt of $270 million is planned to be paid to

With the aim of avoiding the “national disaster” of a “hard Brexit”, Scotland will publish proposals very soon for how it can remain in the European single market after Britain

While launches during the third quarter slumped to lows not seen since the first quarter of 2009, according to data from Hedge Fund Research (HFR), hedge fund liquidations in 2016

Investment bank Goldman Sachs wrote in a note on Friday that an extension of this year’s price rally in base metals and bulk commodities in China into next year will

Analysts are observing significant increase in bond yields around the world, similar to that happened during the global financial crisis. This trend is making companies in Asia and Latin America…

It would not be until the second half of next year that it won’t result in demand exceeding supply, while speeding up the re-balancing of the global oil market, OPEC

British Prime Minister Theresa May leaves no hope to achieve the most favorable conditions for "divorce" with the European Union. London would like to simultaneously maintain access to the single…

Adrian Mowat, JPMorgan’s chief Asian and emerging market strategist is of the opinion that investors should look to counter-intuitive investments in China and Russia to play on the possibility of

Riding on optimism that non-OPEC producers would agree to cut output following a cartel agreement to limit production, Oil prices extended gains for a second session running on Friday. Seeking

In a move that is likely to enrage eurosceptics who want to break away from the bloc’s legal system as soon as possible, large banks in Britain want the UK

Digital Asset Holdings has developed a platform to allow traders to use blockchain technology without giving out confidential information on their trades, announced the blockchain startup that is backed by

Just days ahead of the all-important December meeting of the European Central Bank at which the bank’s president is set to reveal the future of its bond-buying program, for Mario

Government of Mexico has received $ 2.65 billion of income from oil price hedging, done earlier to protect the budget from falling commodity prices, the country's Ministry of Finance reported.

Bank of Japan did not shift the focus from expansion of the monetary base on the way to achieving inflation target, Deputy Governor of the Bank of Japan Kikuo Iwata…

JPMorgan Chase & Co., HSBC Holdings Plc and Credit Agricole SA have been fined a total of € 485.5 million ($ 521 million) for manipulations with the European Interbank Offered…

While Euro’s bond yields dipped in line with U.S. peers as oil saw its first fall for five days, the region held firm on Tuesday, having seen a wild 3-cent

In the wake of Italy’s outright rejection of proposed constitutional reforms in Sunday night’s referendum, expectations that the European Central Bank (ECB) will announce a six-month extension of its massive,

Citi expects devaluation of the euro against the dollar by 7.5%. to the level of 0.98 euro to the dollar, in the next 6-12 months, the bank said in a…

178,000 jobs were created in the US economy in November. The unemployment rate fell from 4.9% in October to 4.6% in November. This is the lowest figure since August 2007.

Data that upholds its ranking as the world’s fastest-growing economy have been revealed by India once again. But as a cash squeeze engineered by Prime Minister Narendra Modi’s government looks