Vice-President of the European Central Bank (ECB) Vitor Constancio urged to create a plan of action to support banks in dealing with a backlog of bad debts of about 1 trillion euros, which appeared as a result of the financial crisis. According to Constancio, the European operating companies are...

In an attempt to provide stable finance market following Brexit, ESMA asks for disclosure on trade records. The “credit rating agencies” along with their bodies were asked by the “securities watchdog” of the European Union to disclose the records of “derivative trades” revealing “how they would”...

Two different corporate coalitions are formed; one supports Republican House’s tax proposal while the other opposes the same and rallies for Congress. “David Shepardson” and “Ginger Gibson” report that the United States’ companies even the “major exporters” like General Electric Co. and Boeing Co....

The world's largest pension fund GPIF (Government Pension Investment Fund of Japan) is going to invest in infrastructure projects in the United States. GPIF’s investment in US infrastructure in the framework of economic cooperation will be discussed next week at a meeting of Prime Minister of Japan...

Due to the high political uncertainty in the United States international acquisitions of U.S. firms are lagging compared to other parts of the world despite the fact that global corporate deals kicked off 2017 with their best January since 2000.   "The primary trading M&A partner with...

The founder of Bridgewater considers this to be a crucial time when the balance of Trump policies and global economy stands at an “important” corner. “Bridgewater Associates LP” is the “largest hedge fund” of the world which was founded by Ray Dalio, whereby the latter showed his increasing concern...

As the mainland economy shows signs of stabilizing, indicating that the industrial sector continued to expand in January and a tad faster than expected, shows China's official manufacturing Purchasing Managers' Index (PMI).   Down a smidgen from 51.4 in December, but still better than a...

Global tech companies, including Amazon, are considering legal action because of the potential impact on their business of President Donald Trump's recent immigration ban barring citizens from seven predominantly Muslim countries has prompted nationwide protests.   The ban has already thrown...

It is very difficult to find someone who would have been completely satisfied with their salary. Very often, people believe that they are underpaid. However, salaries in developing countries are very low compared to Western standards, and still people have to survive. Of course, the cost of living...