According to Bloomberg, cryptocurrency broker Genesis has informed investors that if it can't find additional capital, it may have to declare bankruptcy. According to persons familiar with the situation, cryptocurrency broker Genesis is having trouble securing funds for its loan division, as...

The central banks of various countries need to continue to keep raising interest rates to combat soaring and widespread inflation, even as the global economy slows significantly, according to the OECD on Tuesday.   The unexpected price rise and its impact on real incomes are hurting people...

The New Zealand Reserve Bank may implement the biggest rate increase in history. This week, the Reserve Bank of New Zealand is expected to raise interest rates by the largest amount ever in an effort to reduce inflation. Following this, the central bank is anticipated to take a three-month hold...

The final of three summits in the region this week, which have been overshadowed by intense geopolitical rivalry, was concluded on Saturday with commitments from the leaders of the 21-member APEC bloc to increase trade and do more to address other economic challenges.   Global leaders have...

According to a recent survey of Asian businesses, the number of Asian companies expecting employees to spend their entire working life in an office has dropped dramatically since the pandemic.   This indicates a shift away from the old way of working and toward a hybrid system, which appears...

The amount of FDI in China during the first 10 months of 2022 climbed by 17.4% compared to the same period in the previous year, reaching $168.3 billion, according to the Chinese Ministry of Commerce. From January to October, RMB investment growth was 14.4%. FDI increased most quickly in technology...

The Galapagos Islands, which inspired Darwin's theory of evolution with their thousands of unique species, have incalculable ecological value. But how much are they worth?   According to people familiar with the talks, the size of a "debt-for-nature" swap deal that could see Ecuador's debts...

British Finance Minister Jeremy Hunt said on Thursday that the government would raise a windfall tax on oil and gas companies and extend it to power generation companies in order to plug a major hole in the government's finances.   Rising oil and gas prices in the aftermath of Russia's...

According to figures issued by the U.S. Office of Commerce, retail sales in the country increased by 1.3 percent in October to reach $694.5 billion. This growth exceeded the 1% forecasted by Reuters' survey of analysts. Retail prices increased by 8.3% annually, unadjusted for inflation. Analysts...