World Economy

  • After US markets closed on Friday, Alphabet replaced Google as the publicly traded company that will house Google’s search and Web advertising businesses, maps, YouTube and its incipient ventures…

    World-Economy
  • Flanked by interest rate decisions in Britain, Japan and Australia, the IMF's annual meeting in Lima takes center stage in the calendar next week, with policymakers focusing on China's economic…

    World-Economy
  • The Shanghai-Hong Kong Stock Connect saw both northbound and southbound trading fall in September to the lowest level since February. Northbound volume dropped 32% to 81.9 billion yuan ($12.9…

    World-Economy
  • Britain’s steel sector crisis intensified on Friday as its second-largest steelmaker, SSI UK, went into liquidation after mothballing its Redcar plant in northeast England earlier this week and…

    World-Economy
  • Border closures and tighter controls caused by record numbers of refugees are clogging up trade in southeast and central Europe, driving up costs and forcing transport companies to seek other…

    World-Economy
  • The dollar trod water against the yen and euro on Friday as investors were wary ahead of the US non-farm payrolls report, which could influence chances of the Federal Reserve raising interest…

    World-Economy
  • Growth in Britain’s construction sector hit its fastest pace in six months in September, boosted by stronger house building and higher levels of hiring, a survey showed on Friday.

    The CIPS/…

    World-Economy
  • China is studying plans to curb currency speculation even as it seeks to quicken the process of making the yuan trade freely, a deputy central bank governor said.

    World-Economy
  • Pacific trade ministers are optimistic of closing a sweeping Pacific Rim trade deal after progress on Friday on hurdles involving autos, dairy products and intellectual property protections for…

    World-Economy
  • US President Barack Obama said Friday he will not sign another temporary government funding bill after the current one expires Dec. 11, insisting that congressional Republicans and Democrats work…

    World-Economy
  • JPMorgan Chase & Co plans to bid for about 12 billion pounds of mortgages being sold by the British government’s “bad bank”, Bloomberg reported on Thursday.

    World-Economy
  • One of the biggest weeks in Glencore Plc’s history will be recorded as one that looked ordinary, according to Bloomberg.

    World-Economy
  • Stocks may be down but the party in corporate mergers isn’t ready to end—and still may hit record levels this year, USA Today reported.

    World-Economy
  • The world’s biggest economies are finding it increasingly hard to trade their way out of trouble.

    World-Economy
  • European Central Bank President Mario Draghi said growth is returning in Europe, after the region failed to make a major contribution to the global expansion in the past seven or eight years, ECB…

    World-Economy
  • Federal Reserve Vice Chairman Stanley Fischer said he doesn’t see immediate risks of financial bubbles in the US, while raising concerns that the central bank’s policy tool kit to deal with such…

    World-Economy
  • The pros continued to get clobbered by roller-coaster stocks in September, exacerbating losses from August’s rout.

    And the growing trend among hedgies to crowd into the same stocks may have…

    World-Economy
  • New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose in September, data showed Friday, amid fears the Volkswagen pollution-…

    World-Economy
  • Standard & Poor's Ratings Services raised its long-term sovereign credit rating of Spain to 'BBB+' from 'BBB', on Friday Oct. The outlook is stable. "At the same time, we affirmed our 'A-2'…

    World-Economy
  • Air France on Friday unveiled details of its alternative restructuring plan, including 2,900 job cuts, retiring 14 long-haul planes and reducing flights, union officials said.

    Air France-…

    World-Economy
  • Eurozone government bonds fell before US data that economists forecast will show further strength in the American labor market, damping demand for the relative safety of fixed-income…

    World-Economy
  • Economists expect a steady pace of job growth of about 200,000 in September, but if there’s a miss that would spark market fears that the economy is slowing down and the Fed was right to hold off…

    World-Economy
  • Asian stocks edged up on Friday and looked likely to end the week with tiny gains, although the outlook remained grim as investors continued dumping emerging market assets as their growth…

    World-Economy
  • JPMorgan Chase & Co. is set to pay almost a third of a $1.86 billion settlement to resolve accusations that a dozen big banks conspired to limit competition in the credit-default swaps market…

    World-Economy
  • Gold prices were lower on the London spot market Friday, ahead of US nonfarm payrolls data that is expected to offer fresh support for the view that interest rates will rise before the end of this…

    World-Economy