Measuring Macron: Is France's leader rebooting the economy?

French President Emmanuel Macron swept into office last May on a pledge to create jobs and improve the lives of workers by rebooting the country's economy.
3 May 2018, 18:00 PM

Rural purchases to boost Indian gold demand: global council

Indian gold demand may improve through to December as positive monsoon rains and government efforts to raise farmer incomes could boost rural purchases enough to offset higher prices because of the weak rupee, the World Gold Council (WGC) said.
3 May 2018, 18:00 PM

Bangladesh, an example for other Asian countries: ADB chief

ADB President Takehiko Nakao yesterday appreciated the economic growth Bangladesh has achieved in the recent years, saying “the success stories of the country can be a very good example for other Asian countries”.
3 May 2018, 18:00 PM

Euro zone economy to slow next year, downside risks increase: Commission

Euro zone economic growth will slow this year and next from a peak expansion in 2017, the European Commission forecast on Thursday, underlining the need to quickly implement euro zone reforms while the expansion is still strong.
3 May 2018, 18:00 PM

Spain sells 4.5b euros of debt at bond sale

Spain sold 4.5 billion euros ($5.4 billion) of debt on Thursday at a four-bond auction with yields mixed as investors watch monthly euro zone preliminary inflation data while the European Central Bank plans to roll back its stimulus scheme.
3 May 2018, 18:00 PM

Turkish inflation surges in April

Turkey's inflation rate edged up to almost 11 percent in April, official statistics showed Thursday, adding to fears that the economy is overheating less than two months ahead of elections.
3 May 2018, 18:00 PM

Brussels begins big battle on post-Brexit budget

The EU will this week unveil its first formal plans for a larger, one-trillion-euro-plus long-term budget after Britain's departure, which threaten to further deepen divisions in the bloc.
30 April 2018, 18:00 PM

Japan, UAE agree to expand cooperation during Abe's visit

Japan and its top trade partner in the Middle East, the United Arab Emirates, agreed on Monday to expand economic, political and defence cooperation.
30 April 2018, 18:00 PM

US Fed faces new challenge: a world without labour ‘slack’

Business is coming in so fast and workers are in such high demand at AOW Associates Inc, an Albany, New York-based construction firm, that its chief financial officer hired a guy six weeks ago for a job that didn't exist.
30 April 2018, 18:00 PM

US treasury chief cautiously optimistic on China trade talks

US and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, US Treasury Secretary Steven Mnuchin
30 April 2018, 18:00 PM

T-Mobile, Sprint say $26b deal would give US tech lead over China

T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over
30 April 2018, 18:00 PM

Dollar pushes towards 3-month high

The dollar rose on Monday and held just below its strongest level since mid-January, with weaker-than-expected German retail sales knocking euro zone sentiment as investor appetite for the greenback improves.
30 April 2018, 18:00 PM

China's Baidu to sell majority of financial services unit for $1.9b

China's Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.
30 April 2018, 18:00 PM

China manufacturing activity slows in April

Factory activity in China slowed marginally in April but beat expectations, official data showed Monday, while analysts warned of headwinds as credit growth eases.
30 April 2018, 18:00 PM

Walmart attempts international turnaround with UK, India tie-ups

Walmart Inc's urgency to stem market share losses to rivals around the world is driving it to partner with local players in the UK and India, even as it scales back in some other markets like Brazil. The world's largest retailer is in talks to merge its UK arm ASDA with J
30 April 2018, 18:00 PM

Germany wants wider trade talks with US even if tariffs hit

Germany on Monday dampened hopes that an exemption from US tariffs on steel and aluminum could be extended for European Union countries, but called for trade negotiations to continue regardless of whether the levies are applied.
30 April 2018, 18:00 PM

Banks push back Bank of England rate forecasts

Banks have pushed out their predictions for when the Bank of England will raise interest rates after data last week showed a sharp and unexpected slowdown in Britain's economic growth.
30 April 2018, 18:00 PM

US judge temporarily blocks Xerox takeover by Fujifilm

A US judge late Friday temporarily blocked the planned takeover of US photocopy maker Xerox by Japan's Fujifilm, saying the deal prioritized the interests of the Xerox CEO over that of the company's shareholders.
29 April 2018, 18:00 PM

EU digital tax on corporate turnover faces uphill road

A European Commission plan to tax the digital turnover of large companies drew scepticism on Saturday from the global rule-setting body on tax matters and some EU states, which called instead for an international solution.
29 April 2018, 18:00 PM

US Fed to hold fire amid rising market sensitivity

Markets do not expect the US Federal Reserve to raise interest rates this week, as policymakers take time to assess how much pressure is building in world's largest economy.
29 April 2018, 18:00 PM