Economy

Conservative Party slogan sign falls apart during disastrous Theresa May speech

Brexit talks deadlocked before vote on May's deal

Talks will resume between May and Juncker on Monday with the aim of securing changes to the deal before Tuesday's vote.

Mar 11, 2019

By IANS

Anti-Brexit demonstrators wave EU and Union flags opposite the Houses of Parliament, in London

Brexit 'airbags' being tested by business with 40 days to exit day - KPMG

The Bank of England has said the hit to the economy from a disorderly Brexit could be harder than that of the global financial crisis a decade ago.

Feb 17, 2019

By Reuters

Trump Tax Plan: Early Federal Tax Returns Show Smaller Refunds In 2019 Compared To 2018

The IRS stated that there were 12.4 percent fewer tax returns received from 2018, as well as a 25.8 percent dip in the number of returns processed.

Feb 11, 2019

By Bobby Ilich

Japan's modest household spending, wages growth point to fragile outlook

Many analysts see a gloomy outlook as slowing global demand, trade protectionism and volatile markets give companies plenty of excuses to put off further wage hikes.

Feb 8, 2019

By Reuters

Illustration photo of U.S. Dollar and China Yuan notes

Controversial Chinese app humiliates 'deadbeat debtors' publicly: Here's how

A Chinese province of Hebei has created an app that alerts users when they are within 500 meters of debt defaulters.

Jan 25, 2019

By Sami Khan

China exports and imports fall more than expected in July due to weakening demand

Global economy in real danger if U.S.-China trade war escalates

Reuters surveys over the past two years have repeatedly highlighted trade protectionism as one of the prominent downside risks for the global economy.

Jan 25, 2019

By Reuters

India will become world's fastest growing economy in 2019-20: IMF

India's growth could rise from an estimated 7.3% in the current financial year to 7.5% in 2019-20 amid a global slowdown.

Jan 23, 2019

By Prathapan Bhaskaran

Asia stocks reach five-week high, yuan makes big weekly gains

In the foreign exchange markets, the dollar was broadly soft after a small rebound from three-month lows the previous day.

Jan 11, 2019

By Reuters

Oil falls in first day of 2019 trading as supply surges, economy slows

International Brent crude futures were at $53.47 per barrel at 0315 GMT, down 33 cents, or 0.6 percent, from their final close of 2018.

Jan 2, 2019

By Reuters

UK trade minister says '50-50' chance Brexit may be stopped

Earlier this month, May pulled a planned vote on her deal after admitting parliament would reject it.

Dec 30, 2018

By Reuters

China, India should handle disputes constructively: President Xi Jinping

India overtakes China in FDI inflows first time in 20 years

While India received more than $38 billion in FDI so far this year China lagged behind with $32 billion, data from global M&A and capital markets data provider showed.

Dec 29, 2018

By Jacob Nelly