Moody’s downgraded its outlook on Hong Kong’s sovereign credit rating on Saturday, citing risks from China’s growing political influence over the financial hub and linkages with mainland’s slowing…
World Economy
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Managing Director of the International Monetary Fund Christine Lagarde Sunday expressed hope that the China-led Asian Infrastructure Investment Bank and the BRICS New Development Bank work…
World-EconomyThe bond market’s outlook for inflation is picking up after European Central Bank President Mario Draghi’s latest expansion of stimulus.
World-EconomyChinese investors poured a record $23 billion in Europe and $15 billion into the United States last year, with investments concentrated in the real estate, automobile, finance and IT sector,…
World-EconomyIn another indication that trade in the Philippines will be sluggish for the rest of the year, the country’s exports plunged for the 10th straight month in January, the Philippine Statistics…
World-EconomyFinland had its credit grade cut to AA+ by Fitch Ratings, which cited a limited potential for a pickup in economic growth.
“Economic performance remains weak,” Fitch said in a statement…
World-EconomyAsia needs to take a leadership role in the global economy that reflects the continent’s growing clout, International Monetary Fund Managing Director Christine Lagarde said.
World-EconomyBritish Finance Minister George Osborne said on Sunday he would announce further cuts to public spending this week to protect his austerity plan from a weakening of the economy, but said they…
World-EconomyBernie Sanders and Donald Trump agree on one thing: They say trade is killing the American dream.
And Washington is to blame. Both candidates strongly denounce the nation’s trade policy,…
World-EconomyUS import prices fell in February for an eighth straight month, weighed down by declining costs for petroleum and a range of other goods, but the pace of decline is slowing as the dollar's rally…
World-EconomyGold climbed to a 13-month high on Friday before pulling back slightly, as the euro hovered near a three-week peak against the dollar after the European Central Bank signaled it was done reducing…
World-EconomyAmerican Express Co. will increase lending in the US as competitors cut acceptance costs to win credit-card partnerships with big merchants, Chief Executive Officer Ken Chenault said,…
World-EconomyDeutsche Bank AG, which runs Europe’s biggest investment bank, cut its bonus pool by 11% after rising legal expenses hurt earnings last year and said volatility in financial markets means the…
World-EconomyMachinery orders, Japan’s leading indicator of capital spending, are expected to have risen modestly in January for a second straight month, a Reuters poll showed, but deepening concerns over…
World-EconomyThe German statistics office, Destatis, has reported a drop in annual inflation to 0% in February, down from 0.5% in January, and following further declines in energy prices over the winter, DW…
World-EconomyAsian credit markets have become a harsher place for borrowers in the past year as widening spreads and falling currencies saddle firms with elevated debt-servicing costs in another sign of…
World-EconomyThe British public’s expectation for inflation over the next 12 months fell to its lowest in more than 16 years, a Bank of England survey showed on Friday, raising the risk that below-target price…
World-EconomyEuropean investors in fixed-income assets such as bonds have grown more bearish on a range of perceived risks to their market in 2016, according to a survey of senior investors in the market by…
World-EconomyCanada is now a creditor to the US for the first time on record, government data show, reflecting the northern nation’s love affair with assets south of the border.
World-EconomyThe latest move to negative rates by the BOJ and uncertainty about whether it will cut them further has definitively created one thing: volatility.
World-EconomyIndian equities are expensive even after the worst start to the year since 2011 for the most accurate forecaster for the nation’s benchmark stock index. The reason: earnings, Bloomberg reported.…
World-EconomyNorway’s largest bank is prepared if western Europe’s biggest oil producer joins the negative rate club.
World-EconomyNow that the markets have had some time to digest the ECB’s Thursday stimulus barrage, they’ve decided they like it, but worry that there may be very little more to come.
"Nice stimulus,…
World-EconomyThere’s a specter haunting stock traders in Istanbul that some are calling “the dude.”
World-EconomyOne of China’s largest steelmakers plans to shed up to 50,000 jobs, its chairman said, as the country struggles to reduce overcapacity while growth in the world’s second-largest economy slows.
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