As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of ... Read More
Pound, stocks decline as risks to U.K. economy stack up Turmoil is hurting outlook for Bank of England rate increase Wherever you look, Britain’s financial markets are creaking. The ... Read More
Foes worry about how Tehran will use billions of dollars of unfrozen oil receipts Iran celebrated the removal of economic sanctions on Sunday, even as regional rivals warned that ... Read More
BHP Billiton expects to recognise an impairment charge of approximately US$4.9 billion post-tax (or approximately US$7.2 billion pre-tax) against the carrying value of its Onshore US assets. This charge ... Read More
Policymakers at the European Central Bank disagreed at their last meeting over how big a threat turmoil in China and other emerging markets pose to Europe’s modest economic recovery. ... Read More
It was in a small, wood-paneled boardroom overlooking Lake Zurich that Thomas Jordan and his colleagues at the Swiss National Bank made a decision that caught global markets unawares, ... Read More
Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the ... Read More
Just over four years ago, the United States and Europe sanctioned the sale of Iranian oil in an effort to curb Tehran’s nuclear program. Oil was trading at $110 ... Read More
A planned value added tax on goods and services will range between 3 to 5 per cent when it comes online in 2018. It could help to replenish regional ... Read More
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about ... Read More
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