The Japanese Parliament approved a record state budget of $ 926 billion for the next fiscal year, beginning April 1, reports Reuters. The upper house of parliament finally approved the budget on Wednesday. The paper went through the lower house last month. Attention is now shifting to discussing...

As the date of Brexit draws near, the finance firms operating under “passporting” rules in Britain looks for government backing on BoE reassurance. BoE assured the “finance companies” who are “operating in Britain” that they will get “more time” for meeting with “a Brexit deadline”. The said move...

On Tuesday, quotes of gold updated the monthly maximum, rising above $ 1356 per troy ounce. Investors are increasing their investments in precious metals amid a fall in the forecast of the Federal Reserve System (FRS) of the United States regarding the rate growth this year, as well as the...

There could be a likely winner in the potential trade war between the United States and China which got more pronounced last week, according to one strategist.   "One of the bigger beneficiaries of that would be Germany — Germany and Europe broadly," Gina Sanchez, CEO of Chantico...

Spread-better firms shares fell as the E.U. regulators reveal their plans of restricting the sales of some financial products. The regulators of the E.U. revealed that it will introduce a ban for the options of “binary” sales to “retail clients”, whereby restricting the “Contract for Differences”...

Economists consider that a temporary weakness may prevail on the quarter one’s GDP growth while the rest of the year will still be “fine”. Amid the growing expectations of 2018’s first quarter’s GDP performance missing the “earlier projections” majorly, one can still look forward to “good news” as...

Last year, France's state deficit was below the 3% limit of the European Union for the first time in ten years, Reuters reports. Decreasing to 2.6% of gross domestic product, France's budget deficit was below the government's target of 2.9%. This was the best indicator since the global financial...

Managing Director of the International Monetary Fund (IMF) Christine Lagarde proposed to create a "rainy-day fund" for the euro area to help mitigate future economic downturns in the bloc countries, Reuters reports. Speaking in Berlin, Lagarde welcomed the "steady and widespread rise" in the global...

China will strengthen its business intellectual property protection while treating the domestic and the foreign firms equally. On Sunday, March 25, 2018, China assured to carry on with market “opening and reforms” and also reminded that its treatment towards foreign and domestic firms will remain...