With the exception of Japan, Taiwan, and India, the large equity markets in the Asia Pacific region traded higher today. The Hang Seng led the move (1.65%) amid reports that Alibaba will seek its primary...
Colombia’s president-elect Gustavo Petro will take up his office on August 7th. He is trying to bring together a coalition of politicians to make sure he can get through his economic, tax and land reforms....
Today I was asked a question. “Given the speed with which negative and fake news spreads with social media, should we consider Facebook and other social media platforms as harmful and ban or control or...
The bank has ended an era of negative interest rates with a higher-than-expected hike. The move could put a brake on rising prices but might also dampen economic growth. The European Central Bank on Thursday raised its key...
The dollar’s downside correction continues today, helped by hawkish signals from the Reserve Bank of Australia and unnamed sources who have played up the chances of a 50 bp hike by the European Central Bank...
An industrial park in Skive is trying to solve two of the most urgent problems in Western societies: climate change and the effect of urbanization on rural areas. A pilot project is showing circular economy...
Every year online selling platforms like Myntra, Amazon, Flipkart, etc. come with their mega sales or the so-called “Big Billion Sales” multiple times, and there starts the flow of various types of discounts and offers....
The higher-than-expected US CPI and the strong expectation of a 100 bp hike by the Fed in two weeks is propelling the dollar higher. It jumped to almost JPY139.40 and the euro is off more than...
As the euro slumps to parity with the US dollar, currency traders say the slide is unlikely to stop there. While a weakened euro should worry European consumers, US travelers visiting Europe could benefit. The...
After pushing for greater reliance on Russian gas, the German utility giant Uniper has asked for a bailout amid a growing energy crisis. DW explores whether tax payers should bear the brunt of a bad...
As President Recep Tayyip Erdogan has refused to allow interest rate rises, Turkey steps toward capital controls to support its national currency, the lira. Analysts say an economic slowdown may be on the way. Turkey,...
The dollar jumped yesterday making new highs against most of the major currencies, including the euro, sterling, the dollar-bloc and the Scandis. The yen and Swiss franc held in better, but the greenback still closed...