New York: The dollar rose to a 10-day high against a basket of currencies yesterday, boosted by a weaker British pound after Prime...
New York: The dollar rose to a 10-day high against a basket of currencies yesterday, boosted by a weaker British pound after Prime...
Washington: The IMF's proposed compromise on Greece raises hopes it will break a deadlock with Europe next week and open the way for...
San Francisco: Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company...
BEIJING: Its efforts to cut pollution have made China the world leader in renewable energy development, yet that green power has been wasted...
Nairobi: Kenya will cut its growth forecast to reflect the impact of a drought that slashed agricultural output in East Africa’s biggest economy...
Tallinn: The European Central Bank closed the door on more interest rate cuts yesterday, judging the euro zone economy to be rebounding, but...
New Delhi: India called yesterdayfor a coalition of middle-income countries to drum up support for globalisation as a political backlash in the United...
China’s May exports rose 8.7 percent from a year earlier, while imports expanded 14.8 percent, both beating analysts’ expectations, official data showed yesterday....
Paris: The small pick-up in global growth expected this year is insufficient to reduce inequalities around the world, the OECD said yesterday as...
Singpaore: Gold is taking aim at $1,300 an ounce. The metal has rallied to the highest since November as investors position themselves for...
Athens: Greece's Prime Minister Alexis Tsipras on Wednesday urged the EU to commit to investments aimed at boosting Greek growth in order to...
Sydney: Australia’s economy squeezed out just enough growth last quarter to match the Netherlands’ record of 103 quarters without recession, but its stamina...
Madrid: European authorities announced yesterday the sale of Spain’s Banco Popular to compatriot Banco Santander to avert a looming failure of the troubled...
Mumbai: India's central bank held interest rates in line with analysts' expectations yesterday, rebuffing the finance ministry's desire for a cut after India's...
New York: The US Securities and Exchange Commission will take up to another 60 days to decide whether to allow the sale of...
Tokyo: The Bank of Japan is set to upgrade its economic assessment as early as next week to signal its growing conviction the...
Beijing: China’s foreign exchange reserves rose modestly in May for a fourth straight month and by more than markets had expected, as stringent...
Manila: The Philippines' largest airline Cebu Pacific is ordering seven Airbus A321ceo aircraft in a deal worth $812 million to meet growing domestic...
