Politicians and watchdogs in China are working together to get rid of the debt bomb. However, they do not resort to significant increases in interest rates, so as not to slow growth, writes Bloomberg. China's total debt, which accounted for 162% of GDP in 2008, reached 259% of GDP in 2016, a jump...

Stocks of emerging markets can be one of the most reliable shelters from the turmoil in the markets, writes Bloomberg. In 2018, the market returned to significant volatility. Stocks in developing countries are outperforming other asset classes - from US stocks to gold, bonds and commodities - in...

This week, China is expected to announce a steady growth in January amid mild inflation and growth in bank lending. However, the celebration of the lunar New Year will make it difficult to determine clear trends in the second world economy for at least another month, Reuters reports. Business...

Hong Kong’s market situations have made city to be the strongest performer in the growth list of pension assets. According to a study results, it was revealed that the assets of global “institutional pension fund”, present in twenty two “biggest markets” in the world, achieved a “record $41.3...

The fear of running into deep loss has led Lloyd Bank to take step to forbid its customers to use credit cards for buying cryptocurrencies. On Sunday, 04 February 2018, the Lloyds Banking Group Plc revealed about its plans on putting a ban on “its credit card customers” to buy Bitcoin or any other...

BEIS reports about an additional package to ease the financial difficulties of the Carillion collapse victims. The Department of “Business, Energy and Industrial Strategy” reported that the “British Business Bank” will be lending out “100 million pounds” in total to workers and small business...

Cryptocurrency investors and traders In South Korea were relieved after the finance minister of the country said that the government does not intend to ban cryptocurrency trading. Following news of stricter regulatory norms over cryptocurrency, investors in South Korea were speculative about the...

Here is what Norman Blackwell, Lloyds Banking Group’s chairman has to say on Britain future trade relationship with the EU. On Wednesday, Norman Blackwell, the chairman of Lloyds Banking Group stated that Britain will have to take care so that the European Union does not dictate financial rules...

Domestic investors have been caught white washing their forex trades and bringing back the funds as fiat currency. On Wednesday, South Korea’s customs services disclosed it has uncovered cryptocurrency crimes worth $594.35 million (637.5 billion won), including illegal foreign exchange trading....