An ominous message has been delivered by one of Wall Street's most closely followed bulls about how the Zika health crisis could impact markets in the weeks to come even as fear mounts around the global impact of the virus.   The markets have been surprisingly placid in the face of the...

Manufacturers and sellers of Scotch whisky recorded growth of export sales. This was facilitated by depreciation of the pound against the background of the Brexit referendum’s results and decision of the Central Bank of England. Manufacturers and sellers of Scotch recorded significant growth in...

Britain's oldest independent think-tank is of the opinion that the first quarterly contraction in almost four years would be marked this time as the U.K. economy is likely to shrink in the three months following the Brexit vote. The National Institute of Economic and Social Research (NIESR) said...

As Prime Minister Shinzo Abe seeks to bolster the economy without abandoning targets for improving fiscal health, Japan’s government announced 4.6 trillion yen ($45 billion) in extra spending for the current fiscal year.   The government said that more investment was needed to expand the...

Didi & Uber, the ride-hailing rival in China get support from Chinese government who still curbs “its behaviour”. Online “ride-hailing services” got a green signal in China, whereby the country has issued guidelines establishing a framework that has been long waited for. The recently issued...

Things may be turning the corner for iron ore after the market for the steel-making commodity was is decline since 2011 amid an extended commodities crash.   It is however not certain how strong the recovery will be.   While China’s appetite for the commodity firms, the supply growth...

While disappointing investors who had set their hearts on more audacious measures but yielding to pressure from the government and financial markets for bolder action, the Bank of Japan expanded stimulus on Friday by doubling purchases of exchange-traded funds (ETF).   But the central bank...

From the beginning of the year, price for zinc increased by more than 40%, becoming the fastest growing in the non-ferrous metal segment. The investors' interest is fueled by concerns about the possible difficulties with supplies. Zinc occurred the fastest growing in price among non-ferrous metals...

Joining GlaxoSmithKline Plc in a vow to bolster British employment following the nation’s historic vote to leave the European Union, McDonald’s Corp. has said that it will create more than 5,000 new jobs in the U.K. by the end of 2017.   Paul Pomroy, chief executive officer of McDonald’s...