While the U.S. economy had a disappointing start to the year, to date there is no sign of a strong recovery...
Greece talks did not go well until last week. That changed when the show of international financial diplomacy moved to Washington for the spring meetings of the International Monetary Fund and the World Bank, when it became worse...
"After the announcement on Friday, stock futures were looking horrible so something needed doing to put a floor under that from a short-term point of view. But everybody's going to take a look at this and say 'hold on, why are they (PBoC) overreacting so strongly...
Below are listed the most important events from the world of economy which are likely to influence market sentiment in the period from April 21 to April 24...
Why do some policies make the wealthy even wealthier while pushing the middle class on the verge of a precipice? Stacy Herbert and Max Keiser discuss the tendency...
Aymar de Lencquesaing, former president of EMEA, is the new president of North America, effective from April 7, 2015. Lencquesaing joined Lenovo at the end of 2013 and was responsible for mobile business in EMEA...
Meican.com, a Chinese meal ordering platform, announced that the company has completed its third round financing of CNY140 million, and its investors included Dianping.com, Kleiner Perkins Caufield Byers, Nokia Growth Partners, and TBP Capital. Jiang Yueping, chief strategy officer of Dianping...
Greece's borrowing costs in the markets rose rapidly, as fears of a Greek debt default weighed...
Ensogo, an e-commerce website which focuses on discounted daily deals, has received a USD5 million strategic investment from Vip.com, an online discount retailer for brands in China formerly known as Vipshop.com...
According to a new forecast from the U.S. Energy Department, the United States could hit energy independence in as little as four years...
Standard & Poor's (S&P) downgraded the debt-ridden country's credit rating from B- to CCC+, with a negative outlook, signaling the country is now vulnerable to default. Experts consider the country can slip into default this month unless compromise with creditors is reached...
In its twice-yearly World Economic Outlook, the IMF retained the world growth forecast for this year at 3.5 percent. The lender raised the growth forecast for next year to 3.8 percent from the 3.7 percent predicted in an interim report in January...
Chinese smartphone maker Xiaomi announced that the company has terminated its exclusive cooperation with Flipkart, a leading e-commerce provider in India, and signed agreements instead with Amazon and Snapdeal for the sales of smartphones in India...
As expected, the European Central Bank left official interest rates unchanged Wednesday, amid concerns over growth prospects and deflationary pressures in the region...
This year will mark a turning point in a showdown between the world's second largest economy and its biggest democracy. According to the International Monetary Fund, China's growth supremacy over India will finish soon...
Nokia will buy its rival Alcatel-Lucent SA in an all-stock deal valued at 15.6 billion euros ($16.6 billion) to launch the world’s largest supplier of equipment that powers mobile-phone networks. Alcatel investors will have 0...
The news in recent days of China's "Great Cannon" and a related research report from Canada has cast a spotlight from outside China on the machinations of China's government-run Internet services...
As government data indicated Tuesday, Singapore's economy grew at a faster-than-expected pace in the first quarter despite the central bank announcement there will be no change to monetary policy...
Last week, the chief of the International Monetary Fund cautioned that the era of low interest rates risks fueling asset bubbles around the world. She meanwhile called for more central bank easing as there is a bigger threat: the prospect of a long period of weak global growth...