When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially ... Read More
Oil prices surged to a three-month high Wednesday after government data showed demand for gasoline and diesel fuel was far higher than even bullish expectations. The U.S. Energy Information ... Read More
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was ... Read More
Kremlin needs to plug hole in budget stemming from crude slump Higher tax could cause output to drop from post-Soviet record While the world focuses on Russia’s Oil-freeze talks with ... Read More
Collective action is needed to boost the global economy, with volatile financial markets and low commodity prices creating fresh concerns about its health, the first deputy managing director of ... Read More
The possibility of Britain leaving the EU is the “biggest domestic risk to financial stability”, Bank of England governor Mark Carney has said. He told the Treasury Committee that ... Read More
Just months after the Paris Agreement at COP21, the World Bank today brought together over 30 developed and developing countries at the Carbon Pricing: Sustaining the Momentum after COP21 conference in ... Read More
Oil prices were only slightly higher on Wednesday as support from falling U.S. production was countered by a strengthening U.S.-dollar and concerns over slowing demand. U.S. crude futures CLc1 ... Read More
Most Asian markets stumbled Wednesday, with China shares dropping sharply, as analysts pointed to renewed concerns about the mainland’s economy following lower-than-expected trade data for February. The Shanghai composite dropped 2.9 ... Read More
Seasonally adjusted GDP rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28 during the fourth quarter of 2015, compared with the previous quarter, according ... Read More
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