Singapore continues to lead the list of nations with the highest levels of financial inclusion, or the population's access to high-quality financial goods, writes CNBC. The city-state of Singapore has a population of only 6 million, which helps to explain its leadership. Other factors contributing...

On Wednesday, a relentless selloff in global government bonds pushed German 10-year yields to 3% and U.S. 30-year Treasury yields to 5% for the first time since 2007, actions that might hasten a global slowdown and harm stocks and corporate bonds.   Ever-resilient U.S. economic statistics, a...

According to a survey, the demand for goods and services declined in September at the sharpest rate in almost three years as indebted consumers restrained their spending in the face of rising borrowing costs and increased prices. This suggests that the euro zone economy shrunk last quarter.  ...

According to the South Asia Development Update study from the World Bank (WB), South Asia will have the fastest rate of growth among developing nations in the next years. The WB increased its estimate of South Asia's GDP growth for 2023 from 5.6 percent to 5.8 percent. The region's forecast for...

Given the receding stock markets, hedge funds that trade stocks on computers anticipate starting to sell in the next two weeks to the tune of $20 billion to $30 billion, according to a UBS memo obtained by the media.   According to the UBS note, hedge funds that use computers to track market...

According to a U.S. official, the Biden administration issued a warning to Beijing about its plans to amend regulations that limit the export of AI chips and chip-making equipment to China as early as October. This was done in an effort to normalise relations between the two giants.   The...

The initial public offering of German footwear manufacturer Birkenstock Holding Ltd. at the New York Stock Exchange is expected to raise up to $1.6 billion, the company stated. 10.75 million additional shares of Birkenstock will be issued, with prices ranging from $44 to $49 per share. L Catterton,...

Rising trade barriers, tech competition, and eavesdropping allegations are just a few of the factors contributing to tensions between the West and China.   As Washington and Beijing work to reduce their dependence on one another, the effects on international markets are profound, shattering...

In light of a slowing China, weak global demand, persistently high interest rates, and sluggish trade, the World Bank lowered its growth prediction for developing East Asia and the Pacific.   According to the World Bank's October report, which was released on Monday in Asia, it now...