World Economy

  • Years of heavy money printing by the Bank of Japan has made the bond market dysfunctional and fiscal policy heavily dependent on cheap money offered by the bank, a former BoJ deputy governor said…

    World-Economy
  • Lloyds Banking Group Plc, Britain’s largest mortgage lender, posted a 15% decline in third-quarter profit as it took a £1 billion ($1.2 billion) charge to compensate customers who were wrongly…

    World-Economy
  • South Korea’s shipbuilding industry—home to the world’s top three manufacturers—has eliminated more than 20,000 jobs this year. They may not even be halfway through.

    World-Economy
  • Prospects for workplace gender equality have slipped back to 2186 after a dramatic slowdown in progress, the WEF stated in its latest report on the issue. But some developing and emerging markets…

    World-Economy
  • It’s happening again. Markets around the world, from stocks to metals and bonds, have slowed to a crawl, revisiting lows in volatility that have stood for two years. Muted moves just sent a cross-…

    World-Economy
  • Germany can expect slightly less cheerful consumers in November, a monthly study from market research firm GfK said on Wednesday, as reports of weak global growth made themselves felt.

    The…

    World-Economy
  • Prime Minister Matteo Renzi said he was optimistic Italy’s economy would grow by 1% this year, just a few weeks after he cut the official forecast to 0.8%, Hellenicshipping news reported. Renzi,…

    World-Economy
  • Deutsche Bank AG, Europe’s biggest investment bank, is exploring alternatives to paying bonuses in cash as Chief Executive Officer John Cryan seeks to boost capital buffers and shore up investor…

    World-Economy
  • The European Central Bank called for a gradual approach to regulating ultra-fast trading on Tuesday, fearing stringent rules on the practice might jeopardize financial markets.

    World-Economy
  • Amazon.com Inc. is expected to report another solid financial period when it reports third-quarter earnings after the market closes Tuesday, fueled by stronger e-commerce sales and increased…

    World-Economy
  • The looming failure of free trade talks with the European Union would derail Canada’s push to reduce its dependence on the United States and potentially complicate negotiations with other nations…

    World-Economy
  • World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high.

    World-Economy
  • The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said on Monday, resulting in a…

    World-Economy
  • Prime Minister Theresa May’s government Tuesday gave the green light to a 16 billion-pound ($20 billion) expansion of London’s crowded Heathrow airport, ending years of prevarication over…

    World-Economy
  • Obamacare premiums are set to skyrocket an average of 22% for the benchmark silver plan in 2017, according to a US government report released Monday.

    World-Economy
  • South Korea’s third-quarter growth slipped to its lowest level in more than a year in the first indication of the growing impact of Samsung Galaxy Note 7 recalls on the broader economy…

    World-Economy
  • The dollar advanced close to ¥104.50 in Tokyo trading on Tuesday, thanks to an overnight rise in US long-term interest rates and stock price gains in Japan and the United States.At 5 p.m., the…

    World-Economy
  • Caterpillar Inc on Tuesday reported a sharply lower third-quarter profit after global economic weakness and an abundance of available used equipment slowed sales of its new machinery. The world’s…

    World-Economy
  • Wall Street signaled skepticism on Monday that AT&T Inc would secure the government approvals needed to carry out its planned $85.4 billion acquisition of Time Warner Inc, with shares of both…

    World-Economy
  • Wallonia premier Paul Magnette said the Belgian region was not opposed to a planned EU-Canada free trade deal in itself but that an arbitration scheme needed to be dropped and public services…

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  •  Apple Inc. is expected to report earnings at the high end of fourth-quarter guidance after the market closes Tuesday, buoyed by the iPhone 7 launch and a flurry of new customers switching…

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  • Banca Monte dei Paschi di Siena SpA surged as Chief Executive Officer Marco Morelli pledged to return the ailing Italian lender to profit by cutting jobs and branches and selling bad debt to help…

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  • Construction spending in New York City is on track this year to surpass the record set just before the financial crisis as an all-time high in city jobs drives strong demand for new housing and…

    World-Economy
  • Britons are more concerned with controlling immigration than maintaining access to the single market, according to a survey published Tuesday, adding further evidence that Prime Minister Theresa…

    World-Economy
  • The economic momentum of the euro area is outpacing expectations, with a gauge of its performance relative to analysts’ predictions now at a 2016 high.

    World-Economy