The world’s largest bank by assets and market cap, China’s ICBC, is planning to open a clearing bank in Russia for trade settlements in yuan and rubles. “ICBC, as ... Read More
G20 GDP growth stable at 0.7% in the third quarter of 2015 Download the entire news release (PDF 120KB) Real growth of Gross Domestic Product (GDP) in the G20 area remained stable ... Read More
Yahoo! Inc. (NASDAQ: YHOO) today announced that its Board of Directors, after careful review and consideration of how to best drive long-term value for shareholders, has unanimously decided to suspend ... Read More
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
Well-being is a multidimensional concept, for countries as well as for individuals. Thus, in the recent OECD report “How’s Life 2015: Measuring Well-Being,” the emphasis goes well beyond basic one-dimensional ... Read More
The World Bank’s Doing Business 2016 report is just out — it’s the most authoritative source in the world for which countries are most friendly to entrepreneurs, and where ... Read More
You thought it was safe to drive 90 miles an hour on a rain-slicked narrow road while you were tipsy because the airbag would save you, but it still ... Read More
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive ... Read More
A wave of Chinese companies halted trading in their shares and regulators unveiled new measures to prop up the value of small-cap stocks in the latest attempts to stem ... Read More
Due to the current weak economic circumstances that we are experiencing here in Cyprus (as well as other countries in Europe), we are constantly bombarded with various economic and ... Read More
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