Sunday, August 30, 2015

Merkel Warns Putin That East Ukraine Vote Must Conform to Law

German Chancellor Angela Merkel and French President Francois Hollande warned Russian President Vladimir Putin on Saturday that any elections held in eastern Ukraine must conform to that country’s laws.

Saturday, August 29, 2015

Japan's July factory output seen rising at slower pace on weak demand

TOKYO(Reuters) - Japan's factory output is expected to have risen at a much slower pace in July on weakening demand from overseas, a Reuters poll showed, adding to concerns of a labored economic recovery from a second quarter slump.

Friday, August 28, 2015

World Risks Third Food-Price Surge in a Decade on Record El Nino

The El Nino weather pattern sweeping the globe for the first time in five years risks setting off the next great surge in world food prices after they rose to records in 2008 and 2011, according to Nomura International Ltd.

Wednesday, August 26, 2015

Signs, Long Unheeded, Now Point to Risks in U.S. Economy

As investors scramble to make sense of the wild market swings in recent days, a number of financial experts argue that, for more than a year now, signs pointing to an equity crisis were there for all to see.

Tuesday, August 25, 2015

China needs to open up about its economy

Many of the worries over China's economy and markets can be boiled down to a single word: Uncertainty.

Monday, August 24, 2015

Brazil has 2 kinds of problems, and they're both bad

Five years ago, Brazil was growing at 7.5 percent. Today, it's struggling with a 9.56 percent inflation rate and a fiscal deficit.

Sunday, August 23, 2015

Harper urges voters to pick Conservatives amid global economic instability

After a day of global economic turmoil, Conservative Leader Stephen Harper urged voters to entrust his party with the economy for another term.

Saturday, August 22, 2015

How cheap oil will hurt Iran's comeback

Iran may be about to emerge from decades of economic isolation -- at an absolutely terrible time for an oil-producing country.

Sunday, August 16, 2015

Why China is the bull in a US shop

When the second-largest economy in the world plays games with its currency, it’s Americans who suffer.

Saturday, August 15, 2015

Arab Bank Settles Hamas Terror Case Set for Trial

Arab Bank Plc settled a U.S. lawsuit with hundreds of terror victims who accused it of financing a wave of violence that killed or wounded Americans in Israel in the early 2000s.

Friday, August 14, 2015

Greece to get 6 bln euros in bridge loans if no agreement at Eurogroup -report

Aug 14 Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for the meeting.

Thursday, August 13, 2015

Malaysia Growth Cools as Pressure Builds to Boost Confidence

Malaysia’s economy expanded the least in almost two years after a new consumption tax curbed private spending, adding pressure on policy makers to revive confidence in a nation facing political turmoil and a weakening currency.

Wednesday, August 12, 2015

Yuan devaluation boosts Chinese shares, hurts other markets

Hong Kong (AFP) - China's central bank on Tuesday devalued its yuan currency by nearly two percent against the US dollar, as authorities seek to push market reforms and bolster the world's second-largest economy.

Tuesday, August 11, 2015

Sunday, August 09, 2015

Russia is facing a fuel shortage

The head of Russia's biggest oil company is warning that the world's second largest oil producing nation could soon face a fuel shortfall.

Friday, August 07, 2015

Record imports swell US trade deficit

Record imports, the strong dollar and growing consumer demand helped to widen the US trade deficit by 7.1% in June.

Thursday, August 06, 2015

China to Set Up ‘Security Offices’ Inside Internet Companies

China plans to set up “network security offices” staffed by police inside major Internet companies, a move to strengthen the government’s grip on the world’s largest population of Web users.

Tuesday, August 04, 2015

Size of Ireland's economy surpasses pre-global crisis levels

Ireland’s economy has surpassed the size it reached at the peak of the “Celtic Tiger” boom, official figures have revealed, in the latest evidence that the country is shrugging off the legacy of the crash.

Monday, August 03, 2015

Pacific Trade Talks in Hawaii Said to Near End Without Deal

Negotiators from the U.S. and 11 Asia-Pacific countries are unlikely to sign off on a free-trade agreement after a four-day meeting in Hawaii, according to a person briefed on the talks.

Saturday, August 01, 2015

U.K.’s Budget Master Plans for More Pain

When the Conservative Party won an unexpected majority in U.K. elections in May, it didn’t just mean George Osborne would get to keep his job as chancellor of the exchequer. It also put the keys to 10 Downing Street within his grasp.