US regulators have blocked the $580 million acquisition of a semiconductor company by a Chinese state-backed fund, the latest technology-related deal to be halted amid heightened scrutiny of…
World Economy
- World-Economy
Singapore’s headline inflation rate fell to 0% in January this year from 0.4% December, according to the Monetary Authority of Singapore and ministry of trade and industry on Friday, CNA…
World-EconomyGermany’s statistics office has said the German state last year logged the highest annual surplus since the country reunited in 1990. The result came on the back of record-low unemployment and…
World-EconomyAs the US and European countries embark on a monetary tightening cycle, emerging economies could be hit by a liquidity squeeze, a European official in charge of financial stability says.
World-EconomyLabor ministers of the Organization of Islamic Cooperation member states have expressed concern about the unemployment rate, which reached an average of 7.4% in 2016 a percentage that is higher…
World-EconomySouth Korea’s household debt rose to a new record in 2017, even as the government tightened lending terms to cool the property market.
World-EconomyNew Zealand estimates a Pacific trade deal would boost its economy by up to 1% as exporters would face reduced tariffs on goods like kiwifruit and beef, AP reported. The analysis Wednesday came…
World-EconomyAs investors come to terms with the impending end of easy monetary policy, a new threat looms: The heavy supply of US Treasury could bump up bond yields and place greater pressure on stock…
World-EconomyThe world’s largest container company will start looking for takeover targets outside the shipping industry as it tries to pre-empt a new competitive landscape in which customers are morphing…
World-EconomyThe digital economy in Asia-Pacific, or APAC, is expected to be worth $1.16 trillion by 2021, accounting for 60% of the region’s GDP–up from about 6% last year, a new IDC study has found.
World-EconomyNot only will central banks meet their inflation targets, they may even exceed them. That’s the view of Neuberger Berman Group LLC’s chief investment officer for fixed income, Brad Tank, who…
World-EconomyScotland’s unemployment rate rose to 4.5% in the final three months of last year, according to official data. The increase took the unemployment rate from 4% to 4.5%. The number of adult Scots…
World-EconomyPakistan’s current account deficit widened 28.74% on a month-on-month basis to $1.61 billion in January 2018 compared to $1.25 billion in December 2017; suggesting the recent corrective measures…
World-EconomyLloyds Banking Group PLC raised its 2017 dividend by 20% and announced a £1 billion ($1.39 billion) share buyback as it reported an increase in profits and unveiled its new strategy.
World-EconomyThe International Monetary Fund estimated that 2017 economic growth in Palestine slowed to close to 3%, despite authorities citing higher growth, it announced Tuesday.
World-EconomyGold prices fell further on Wednesday and hit a one-week low as the dollar steadied after a recovery from last week’s three-year low, while investors awaited the minutes of the US Federal…
World-EconomyThe new Bank of Japan leadership won’t be able to raise interest rates this year as the central bank missed the best opportunity to do so in 2017, former BoJ board member Sayuri Shirai said on…
World-EconomyItaly’s economy is growing again, but it’s still the worst performer in the euro region, souring voters’ spirits before the March 4 election.
With polls before the two-week blackout…
World-EconomyThe Netherlands is demanding that private investors face mandatory debt writedowns in future eurozone bailouts, a position that will fuel arguments as countries spar over the next phase of…
World-EconomyThe International Monetary Fund has backed the Australian government’s pursuit of a lower corporate tax rate, but has again called for a broader tax reform package.
World-EconomyThe German economy is expected to improve in the next six months despite a slight deterioration in investor morale in February, according to a survey on Tuesday that showed an upbeat outlook…
World-EconomyUS fiscal policy is headed for “uncharted territory.” That’s how a team of economists at Goldman Sachs, led by Jan Hatzius, have described the government’s current spending and tax plans, as…
World-EconomyGlobal stock markets are down from their recent peaks and prices for commodities such as crude oil, gold and copper are also falling. But iron ore and coking coal are bucking the trend thanks to…
World-EconomyVenezuela has begun the process of introducing a new digital currency. It’s eventually meant to give the highly indebted Latin American nation greater financial leeway and reduce its dependence…
World-EconomyColombia’s economy could grow 3% this year as sectors like tourism and agriculture boost an expansion, President Juan Manuel Santos said, Reuters reported. Colombia’s Finance Ministry currently…
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