Deutsche Bank AG has identified as much as $4 billion in suspicious transactions related to its Russian operations, in addition to $6 billion in so-called mirror trades it is examining, said…
World Economy
Taiwan had 457,000 jobless citizens in November 2015, equivalent to an unemployment rate of 3.91% and rising 0.01% on month and 0.02% on year, according to statistics released by the directorate…
Singapore’s consumer prices fell for a 13th straight month in the longest streak of declines in almost three decades amid a renewed slump in oil prices.
With total deal value so far reaching $345.17 billion, the Asia-Pacific market is likely to retain its title as the biggest equity capital raising market in the world this year.
France’s run of bad economic news continues. Despite a much worse than expected reading, there was little sign that the Nov. 13 attacks by Islamic State gunmen and suicide bombers in Paris had put…
Corrosion-resistant steel imports from China were sold at unfairly low prices and will be taxed at 256%, according to a preliminary finding of the US Department of Commerce.
The US economy grew at a fairly healthy clip in the third quarter as strong consumer and business spending offset efforts by businesses to reduce an inventory glut, underscoring its resilience…
Chinese government officials have cleared the way for fresh stimulus measures to halt the worsening economic slowdown in the World’s second largest economy, sending stock markets around the world…
New Zealand’s economy needs to diversify. In 2013, 44% of the goods exports were animal and animal products – the majority from the dairy sector. The country is hugely reliant on primary products…
A closely watched survey shows German consumers’ confidence rising for the first time after four months of decline, AP reported. The GfK research group said Tuesday its forward-looking consumer…
Azerbaijan’s Ministry of Economy and Industry has released a statement regarding the artificial increase in prices, News.az reported.
More foreign direct investments are expected to flow into the country next year, the Bangko Sentral ng Pilipinas said Tuesday, Rappler reported. FDI inflows would hit $6.3 billion next year from…
India, with a projected annual growth rate of 7%, has the potential to be the world’s fastest growing economy over the coming decade, surging ahead of its South Asian economic rival China that…
The delay in the adoption of the national budget for 2016 agreed with the International Monetary Fund poses a threat to the economic and financial stability of Ukraine, the National Bank of…
Analysts expect Brazil’s economy to contract by 3.7% this year, with inflation hitting 10.7%, the Central Bank said.
The gross domestic product and inflation forecasts come from the Boletin…
Argentina’s new conservative government is setting the groundwork for sustainable economic growth after four years of stagnation and high inflation, economists say.
Since taking office on…
The Egyptian economy is tabled for slower growth as high inflation dogs consumers, analysts said, Anadolu Agency reported. “Inflation is above peers and is forecast to remain near 10%, with…
As anticipated, the Swedish National Institute of Economic Research revised up its GDP forecast substantially. NIER sees GDP growth at around 3.5% for 2015 and 2016, while growth will slow…
The Japanese government is planning nearly $800 billion of record spending in the next fiscal year to shore up a fragile economy, with Tokyo also promising to rein in a bulging debt burden in…
The Federal Reserve finally decided the economy was strong enough to handle the first increase in interest rates in nine years. Now what? Time to wait.
Families are expected to run up £40 billion ($59.56 billion) of debt this year, sparking fears about Britain’s economic recovery.
Labor raised concerns that millions of households would…
Turkey’s consumer confidence index fell in December after a dramatic higher move in November, Turkish Statistical Institute said in a report Monday, Anadolu Agency reported. The index fell to…
The US-based website that publishes a daily unofficial exchange rate between American dollars and Venezuelan bolivares has recently filed a vigorous defense in a strange international lawsuit.…
Gold steadied on Monday, retaining sharp gains from the previous trading session, as weakness in the dollar and equities helped the metal recoup some losses from a US interest rate hike last week…
Political unrest in Nepal’s Terai region in the run-up to and following the introduction of the new constitution on September 20 has led to the obstruction of trade, something that is having a…
