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
- 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-EconomySouth 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-EconomyProspects 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-EconomyIt’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-EconomyGermany 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-EconomyPrime 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-EconomyDeutsche 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-EconomyThe 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-EconomyAmazon.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-EconomyThe 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-EconomyWorld 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-EconomyThe 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-EconomyPrime 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-EconomyObamacare 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-EconomySouth 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-EconomyThe 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-EconomyCaterpillar 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-EconomyWall 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-EconomyWallonia 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…
World-EconomyApple 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…
World-EconomyBanca 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…
World-EconomyConstruction 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-EconomyBritons 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-EconomyThe 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