It was the elephant in the room throughout Europe’s debt crisis, but ultimately too sensitive an issue for supervisors to fiddle with. Regulations...
It was the elephant in the room throughout Europe’s debt crisis, but ultimately too sensitive an issue for supervisors to fiddle with. Regulations...
London: Gold climbed yesterday and was likely to see further gains after the dollar slumped to multi-month lows on the back of data...
China’s economy grew faster than expected in the second quarter, putting the nation on track to meet its growth target this year and...
Paris: A serious cyber-attack could cost the global economy as much as $53bn, putting it on a par with Hurricane Sandy in 2012,...
Paris: The IMF yesterday hailed French President Emmanuel Macron’s “ambitious” reform programme, saying his spending, labour and tax overhauls could go “a long...
Lagos: Nigerian banks are boosting dollar-spending limits for payment cards denominated in local currency as much as tenfold because of improved foreign-exchange supply,...
Washington: A growing share of US employers are struggling to hire new workers and some have raised wages as a result, according to...
Islamabad: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind power...
BEIJING: China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving...
London: Senior members of the UK government are becoming convinced of the need for a phased British departure from the European Union to...
Shanghai: Bilateral talks aimed at reducing the US trade deficit with China have yielded some initial deals, but US firms say much more...
New York: Fears of a long spell of low oil prices haven’t shaken Wall Street’s confidence in the sector. With the price of...
Johannesburg: A whites-only enclave in South Africa has resisted the country’s multi-racial reality for more than two decades, even adopting its own paper...
Sydney: As Australia’s local merchants struggle with an influx of global names, leading malls are considering returning to their village centre roots to...
Zegreb: The West and Russia are battling for control of the transport of natural gas through the Balkans, as both sides pursue their...
Mogadishu: A severed marine cable has left Somalia without internet for weeks, triggering losses for businesses, residents said. Abdi Anshuur, Somalia’s minister for...
Athens: Greece is expected to return to the bond markets in 2018, but having secured its third bailout programme Athens may test the...
San Francisco: A California judge put on hold Friday a request by Western Digital to block the sale of Toshiba’s chip division, suggesting...