The US dollar jumped to a 14-month high against the euro as investors bet the Federal Reserve would hike interest rates earlier than expected, a view that helped knock down bond prices and…
World Economy
- World-Economy
The Minister of Plantation Industries and Commodities Datuk Amar Douglas Uggah Embas will be leading a palm oil, rubber and timber promotion mission to the People's Republic of China from Sept 12…
World-EconomyThe Reserve Bank of New Zealand (RBNZ) is facing the biggest challenge to its mandate since it pioneered inflation targeting 25 years ago.
With polls showing national elections on Sept. 20…
World-EconomyApple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as Chief Executive Officer Tim Cook seeks to revive the technology company's reputation as a…
World-Economyeuters) - Russia will continue to support its companies under Western sanctions, irrespective of their ownership structure, Prime Minister Dmitry Medvedev was quoted as saying.
World-EconomyThe European Chamber of Commerce (ECC) in China has warned that investment by its members in China may be affected if Beijing does not implement reform plans quickly. It accuses China of an "…
World-EconomyBelgium’s Antwerp port seems to be profiting the most from the ongoing congestion issues in the port of Rotterdam that is still taking its toll. In order to be able to meet their schedules,…
World-EconomyThe US dollar was holding broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. As the dollar finally broke to…
World-EconomyAmazon has cut the price of its Fire Phone smartphone to just 99 cents – one day before Apple is expected to unveil the iPhone 6. Reviews for the Fire Phone have been tepid at best. The phone's…
World-EconomyWary Americans remain in a defensive posture when it comes to their pocketbooks, and for good reason. A majority still have some serious financial issues, with only 22 percent feeling confident…
World-EconomyArgentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign…
World-EconomyVolkswagen is cutting back car production at its plant in Kaluga, Russia over weakening rouble and declining real wages. The automaker is set to lower production at Kaluga to 120,000 vehicles this…
World-EconomyVast projects to expand the Suez and Panama canals are being discussed as the biggest upheaval for decades in global maritime traffic, but experts say they could be outflanked by a trade shift…
World-EconomyEveryone knew this was going to be a difficult year in the iron ore market. Expansions by existing producers such as Rio Tinto and BHP Billiton and ramp-ups by newer players in Australia and West…
World-EconomyJapan's Nikkei share average rose modestly on Tuesday after the yen dropped to a six-year low against the dollar, lifting exporters such as Honda Motor Co and Sony Corp, but weak crude oil…
World-EconomyThe stock market value of Facebook passed the $200 billion mark for the first time on Monday, surpassing Google in terms of the pace of its increasing market capitalization. The social network is…
World-EconomyJapan's Toshiba Corp will maintain an annual investment of around 200 billion yen ($1.9b) into its chip business beyond the current business year, Chief Executive Hisao Tanaka said on Tuesday.…
World-EconomyApple successively redefined the MP3 player market with the iPod, smartphone market with the iPhone, and portable computer market with the iPad. Now, faced with growing competition, it needs a new…
World-EconomyGermany exported over 100 billion euros in goods and services during the month of July on the back of strong demand from its European neighbors. It was the highest-ever figure for a single month,…
World-EconomyAfter losing out on a bid to take over control of Brazilian mobile phone operator GVT, experts say former Italian state telephone monopoly Telecom Italia is at a crossroads. The path it takes,…
World-EconomyAn overwhelming majority of eight out of ten Greek citizens are still pessimistic about the national economy and the future of their own finances, four years after the start of the debt crisis, an…
World-EconomyThe EU says new sanctions against Russia should be adopted shortly and take effect on Tuesday, despite a Kremlin warning of retaliation. But an EU spokeswoman said the sanctions would be "…
World-EconomyForeign direct investment into Egypt doubled to over $6 billion in the financial year that ended on June 30, Hassan Fahmy, head of Egypt's investment authority, told Reuters.
World-EconomyOver $30 billion in dirty money linked to crime, corruption and tax evasion is flowing out of Brazil each year, double the amount a decade earlier, a study has found.
World-EconomyThe British Pound was dumped across the board in the early stages of inter-bank trading, following weekend poll results that show Scottish independents leading the referendum by a narrow lead.
World-Economy