Chinese economic growth slowed to 7 percent in first quarter
In the first quarter of the year the Chinese economy grew at its slowest pace in six years.
The National Bureau of Statistics (NBS) announced...
Chinese inflation remained flat in March at 1.4 percent
Chinese consumer inflation remained flat March, while wholesale prices remained in deflation territory, according to official data released on Friday.
China's annual consumer inflation rate (CPI) rose...
Bank of England holds rate at 0.5 per cent in last meeting before UK...
The Bank of England kept interest rates on hold at 0.5 per cent on Thursday in its last Monetary Policy Committee meeting before the...
UK economic growth picked up pace in first quarter, CBI report reveals
According to the Confederation of British Industry (CBI), UK economic growth picked up pace in this year’s first quarter.
The news is set to increase...
Buffet would not raise rates by much if he ran the Fed
Warren Buffet, CEO of Berkshire Hathaway, said that if he ran the Federal Reserve he would not raise interest rates by much.
When Buffet was...
Aequitas gets green light for new stock exchange to challenge TSX
Aequitas Innovations Inc. received approval from the Ontario Securities Commission to launch a new stock exchange aimed at challenging the Toronto Stock Exchange.
The Ontario...
Madison Square Garden to spin off live sports and entertainment business
Madison Square Garden Co is spinning off its live sports and entertainment businesses from its media business to create two publicly traded companies. The...
Aldermore Bank plans to float on London Stock Exchange
Aldermore Bank plc announced on Monday that it plans to float on the London Stock Exchange in October. Analysts say the IPO (initial public...
MPs slam FCA for breaking its own rules and creating a ‘false market’ for...
The Financial Conduct Authority (FCA) is being slammed by MPs for breaking its own rules and creating a 'false market' for insurers last year...
UK bank levy increase could tempt banks to move out of London
The UK recently said that it will increase its annual bank levy by more than a quarter to £3.7 billion.
The bank levy, which is...