A legal dispute between Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, and a unit of Sequoia Capital is offering a rare glimpse into one of the digital-asset industry’s…
World Economy
Ghana is seeking to issue up to $2.5 billion worth of eurobonds in the coming weeks with a coupon in the 7% range, a rate well below previous sales, the West African nation’s finance minister…
New criminality platforms and a booming cybercrime economy have resulted in $1.5 trillion in illicit profits being acquired, laundered, spent and reinvested by cybercriminals, according to…
The Irish Central Bank has highlighted what it describes as a “build up” of systemic risk in the country’s economy, fuelled by rapid economic growth, persistently strong house prices and…
Confidence in Turkey’s services, retail trade and construction sectors dropped in April compared with the previous month, according to the Turkish Statistical Institute, TurkStat, on Tuesday,…
According to National Bank of Romania advisor Lucian Croitoru, Romania’s economic growth is problematic, as it is too big for its potential. In illustrating the current situation of the Romanian…
Hiring more women could supercharge Asia’s economies. A report published Tuesday by McKinsey Global Institute estimates that economies in the Asia-Pacific region could boost their collective GDP…
Two months ago, when the US benchmark 10-year treasury yield was approaching 3%, most analysts were pretty sanguine about what it meant for emerging markets. This time around, it’s a different…
Apple’s $400 million acquisition of music identification service Shazam will likely be delayed, due to a decision by the European Commission to open an “in-depth investigation” into the deal.…
Italy’s consumer confidence decreased marginally in April after strengthening notably in the previous month, survey data from the statistical office Istat showed Tuesday, RTT reported. The…
French industrial morale weakened slightly in April compared to the previous month, data from state statistics body INSEE showed on Tuesday.
All is not well in the Land of the Rising Sun. Japan, a country whose gross government debt as a proportion of GDP rose to 253% in 2017, faces the dual challenge of an ageing populace and…
Inflation pressures in Australia were more subdued than expected during the first three months of this year, ensuring that interest rates stay on hold for some time to come.
Bank of Canada Governor Stephen Poloz on Monday gave an upbeat assessment of the economy’s prospects after a sluggish first quarter and said that while inflation this year would rise above the…
Across the 140-square-mile territory, Gazans are struggling to finance their daily lives. Young people—unable to pay for weddings or homes of their own—are delaying marriage, figures show, while…
Malta’s headline economic figures continue to flourish with the latest results showing a general government surplus of €436.6 million ($534.3 million) last year. The surplus was equivalent to 3.…
World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a wary eye on US bond yields as they approach peaks that have…
The International Monetary Fund welcomed calls from the US that it should push for more transparency in global trade and lending, the fund’s boss said.
Gold hit a two-week low on Monday, as investors piled into the dollar with US Treasury yields approaching 3% and geopolitical tensions eased, CNBC reported. The yield on 10-year US Treasuries…
S&P Global Ratings forecasts that growth in Ukraine is set to accelerate further to 3.1% in 2018, and through to 2021 the agency expects average real GDP growth of about 2.9%, S&P said…
Asean’s rapid expansion in the 1990s further deepened diversity and complexities within the organization. The only path towards all Asean decisions and agreements is through consultation and…
When will the European Central Bank join the US Federal Reserve and start raising interest rates? This much is clear: It won’t be soon.
The outlook for business activity in Germany’s private sector deteriorated to a five-month low in April, a survey showed on Monday, as growth in new orders slowed.
Payments from immigrants back to their home countries rebounded to reach a new record in 2017 but the costs of transferring funds also increased, the World Bank said Monday.
There has been an uptick in recent months in heavily-borrowed companies in the (Persian) Gulf Cooperation Council countries seeking to restructure their debts with lenders. Although the pressure…
