The outflow of capital from China slowed in May, despite the weakening renminbi, reports the Washington-based Institute of International Finance. After two months of growth, China's reserves in May again fell by $ 28 billion to $ 3.19 trillion - and this is the lowest level since December 2011....

The analysts study the prices hovering within the deflation zone. The deflation related to shop price went up to “1.8%” in the month of May 2016, while in the previous month of April 2016, the same had fallen to “1.7%”, reported the “BRC-Nielsen shop price index”.   On the other hand,...

Saudi Aramco state oil company's IPO can turn into extremely unpleasant consequences for the oil industry in the long term. Bernstein research firm said that Saudi Aramco’s IPO, which is said to occur in 2018 and will be one of the most ambitious in the history of the markets, may negatively affect...

Leading indicators released Wednesday by the Organization for Economic Cooperation and Development show that amid other signs that the global economy will avoid a significant slowdown in 2016, economic growth is set to steady in the U.S. over coming months.   A continued slowdown in the U.K....

Votes in favour of Brexit witness the “sharpest drop in odds”. Paddy power is a Irish bookmaker whose chances of voting in favour of Brexit from the “European Union in the referendum on the 23rd of June” has increased even more. During the end of last month there was the “sharpest drop in odds on...

When it comes to inaccurate statistics, all at once recall China’s fabricated data on exports and imports, intended to hide the flight of capital, as well as "successful" GDP data. Chinese statistics has long been talk of the town, especially in the developed world. More recently, Goldman...

Results of the British referendum on membership in the EU fluster not only politicians, but also the world's largest banks, for which London is the second (in some cases even first) home. Given a minimum profit, relentless pressure from regulators and impatient investors, the referendum is an...

The European Commission calls to stop prohibiting or limiting activities of mobile services like Uber and Airbnb. Instead, the Commission proposed to introduce uniform rules governing companies, representing the co-consumption economy. The European Commission is calling on EU countries to stop...

Net income from UK tax on oil and gas companies operating in the North Sea was negative for the first time since 1968, according to a report published by London agency Argus Media. The government has collected £ 538 million (or approximately $ 790.5 million) for the 2015-2016 fiscal year. However,...