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economy

JAPAN-ECONOMY-GDP

Hooray! Japan is not in recession

08/12/2015(0)
Gross domestic product grew by an annualized 1% in the third quarter, instead of contracting by 0.8% as previously announced, Japan’s Cabinet Office said Tuesday. That means the world’s third-largest economy ... Read More
Asian Shares

Asian stock markets trade mixed; commodities weigh

03/12/2015(0)
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices ... Read More
Global-Recession

Global Crisis: Goldman Sachs Says That Brazil Has Plunged Into ‘An Outright Depression’

02/12/2015(0)
One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression.  Brazil’s economy has ... Read More
Swiss National Bank

Swiss GDP Unexpectedly Stagnates in Third Quarter

01/12/2015(0)
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, ... Read More
greece-national-bank

ECB: Greek banks won’t need even more recapitalisation

01/12/2015(0)
Greek banks will not need any further recapitalisation after the latest round, in which the European Central Bank put their additional capital needs at 14.4 billion euros, the ECB’s ... Read More
euro-cash

Euro Heads for Biggest Monthly Loss Since March on ECB Outlook

30/11/2015(0)
Currency may extend slide toward $1.03, Mizuho’s Karakama says ECB to boost stimulus Dec. 3, Bloomberg economist survey shows The euro headed for its biggest monthly decline since March ... Read More
Vladimir Putin - Russia

Russia Takes Aim at Turkish Economy Amid Fighter-Jet Spat

27/11/2015(0)
Turkish officials reject Vladimir Putin’s call for an apology Russia announced plans to impose sanctions on an array of Turkish economic interests in response to Turkey’s shootdown of a Russian ... Read More
Chinese-notes-RMB

China Has a $1.2 Trillion Ponzi Finance Problem

20/11/2015(0)
Some 45% of new debt will be used to pay interest: Hua Chuang `Ponzi’ finance was seen by Hyman Minsky as unsustainable Chinese borrowers are taking on record amounts ... Read More
alpha-bank-greek-bank

Greek banks: Recap offers are oversubscribed

19/11/2015(0)
Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while ... Read More
putin-tv-interview

Putin: BRICS Bank & AIIB to strengthen global financial system

19/11/2015(0)
The BRICS New Development Bank and China’s Asian Infrastructure Investment Bank will contribute to the strengthening and stability of the global financial system, according to Russian President Vladimir Putin. ... Read More
Broker Cyprus TopFX