Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of ... Read More
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New ... Read More
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s ... 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
While the consensus view is the the oil price will go even lower yet, once production is reduced it will start rising again. There’s a very good reason why the ... Read More
When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, ... Read More
Country stands at the forefront of the ‘internet of Things’ revolution, BCG says The UAE leads the Middle East when it comes to the maturity of the internet economy, ... Read More
The economy expands at a slightly slower pace than initially estimated in the third quarter The U.S. economy expanded at a slightly slower pace than initially estimated in the ... Read More
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the ... Read More
China’s annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People’s Bank of China said in a working ... Read More
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