IMF warns that China’s credit growth is “on a dangerous trajectory”
The International Monetary Fund warned in a new report that China’s credit growth is “on a dangerous trajectory,” with increasing risks of a “disruptive...
Japan’s economy expanded at annualised rate of 4% in Q2 2017
The Japanese economy expanded at an annualised rate of 4% in the second quarter of 2017, according to official government data.
It's the biggest increase...
UK wage growth to remain weak over the next year
According to a recent survey by the Chartered Institute of Personnel and Development (CIPD), UK wage growth is likely to remain weak over the...
Disney reports mixed 2017 Q3 financial results
Shares in Walt Disney fell by more than 3% in after-hours trading Tuesday after the mass media entertainment giant reported mixed third quarter results.
Disney...
Financial crisis ‘still shaping UK housing market’ decade later, says report
The global financial crisis triggered a transformation in the housing market in the United Kingdom and is still shaping it a decade later.
So says...
Dow Jones breaks above 22,000 for first time
The Dow Jones broke above 22,000 level on Wednesday for the first time ever after Apple reported better-than-expected quarterly results – sending its share...
Eurozone unemployment rate dropped to 9.1% in June
Unemployment in the eurozone dropped to 9.1% in June, the lowest level since 2009, according to official data from Eurostat.
The jobless rate was better...
Gap between richest and poorest UK households has narrowed
A recent report on living standards in the UK found that the gap between the richest households and poorest in the country has narrowed...
China’s economy grew at an annual rate of 6.9% in Q2 2017
The Chinese economy grew at an annual rate of 6.9% in the second quarter of 2017 against the prior year, according to official figures.
The...
Corbyn may become Prime Minister, Blair admits
Tony Blair admitted that Jeremy Corbyn, the Labour Party leader, may become Prime Minister after Prime Minister Theresa May called an election, ran a...