Japan's economy offered a glimmer of hope for policymakers struggling to end years of stagnation after the far eastern economic giant managed to wade off recession in the third quarter with the initial estimate of a contraction revised to an annualized expansion of 1.0 percent.   This...

A decision by the OPEC to lift a production ceiling resulted in global fall in oil prices influencing the investors and experts to predict that the oil prices would remain low for even a longer period of time. The OPEC decision also resulted in U.S. crude futures reaching a value of below $60 a...

The collapse in oil prices has hit Mexico budget’s hard. Proceeds from the oil sales fell by almost 40% since the beginning of the year, said the country’s Ministry of Finance. In the first 10 months of the year, the budget has received just 654 billion pesos, equivalent of nearly $ 40 billion. The...

While the mergers and acquisitions in the Asia Pacific region crossed the  $1 trillion mark for the first time aided by a surge in Chinese cross-border technology and telecoms deals, the mainland banks are missing out on the payoffs as they badly trail global rivals in advisory work.  ...

With a reported growth rate of 7.4% in the second quarter, India becomes the fastest growing large economy on the planet.   And this growth rate eclipses the growth of China, one of the Indian governments stated aims.   The manufacturing industry provided the boost in growth, a sector...

In Britain, spending on online shopping increased by 36% and amounted to £ 1,1 billion ($ 1.7 billion) on the "Black Friday," November 27, compared to the last year sale. These are preliminary data of UK online retail association IMRG. According to the research company Footfall, the number of those...

The Korean manufacturer of consumer electronics LG plans to invest 10 trillion won ($ 8.7 billion) in building a new plant for OLED-displays production. This may be caused by a possible Apple's transition to this type of screens in 2018, as it was previously reported by the media. The Korean...

As talk of aggressive stimulus from the European Central Bank next week gained ground, the euro slipped back towards seven-month lows, bond yields fell and European shares rallied on Thursday.   While the Euro STOXX 50 index was up 1.2 percent, the pan-European FTSEurofirst 300...

Europe wants to use special ‘sniffers’ UAVs to fight shipping companies violating environmental regulations. The idea was put forward by a European Maritime Safety Agency (EMSA) and the European Space Agency (ESA), which hope to jointly monitor level of harmful emissions from vehicles on the...