Since the 2008 financial crisis, the yields on government bonds have increased to their highest levels in 15 years, writes Bloomberg. Government bond yields have increased to a 15-year high since the 2008 financial crisis, according to Bloomberg citing its own figures. The yield on 30-year U.S....

In an effort to stop the yuan's depreciation, China's big state-owned banks were reportedly busy this week selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets.   State banks frequently act at the direction of the central bank when the yuan is under...

A year ago, a sizable portion of the U.S. believed the nation was in, or would soon enter, a recession. You can blame this belief on the disconnect between economic theory and reality, forecaster herd mentality, or political partisanship on the side of the Biden administration's detractors.  ...

According to Markus Essing, head of the group's German branch, the company wants to provide customers with less damaging alternatives. Tobacco corporation Philip Morris plans to eventually stop producing traditional cigarettes and provide smokers with healthier options, told the company's German...

The headline inflation rate in the United Kingdom fell significantly in July to an annual 6.8%, but the core CPI stayed steady, potentially giving the Bank of England a headache.   The headline CPI result, which came after June's lower-than-expected 7.9% reading, was in line with the...

Without additional assistance, economists believe China will gradually miss its 5% growth goal for this year.   The nation stopped publishing data on youth unemployment on Tuesday after it reached record highs recently. Other figures for July indicated a general slowdown, made worse by the...

According to the newspaper, Europe invested $8.7 billion in clean energy and electric vehicle startups, but the United States designated more than $21.7 billion for comparable initiatives. After the U.S. Inflation Reduction Act (IRA) was passed, European companies engaged in the development of...

China's central bank unexpectedly reduced key policy rates for the second time in three months, providing more evidence that policymakers are stepping up their monetary easing initiatives to support the economy's faltering recovery.   Analysts claimed that the action created the possibility...

In July, new home prices in China decreased for the first time this year. This is only the latest in a spate of unfavourable reports that indicate a rapid loss in the general economic momentum and highlight the need for more aggressive policy support to boost activity.   Reuters estimates...