World Trade

In September, UK consumer prices went up by 10.1% – ONS

LONDON – The Office for National Statistics said on Wednesday that Britain’s annual rate of consumer price inflation crept up…

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Even though there is a chance of intervention, the dollar stays near its 32-year high against the yen, while sterling licks its wounds. 

Tokyo – On Wednesday, the dollar stayed close to a 32-year high against the yen while moving up from a…

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PM of Singapore: There is still no agreement on China joining the regional trade partnership

SYDNEY- Singapore’s Prime Minister Lee Hsien Loong stated on Tuesday that although Singapore felt Beijing would be able to meet…

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Japan reiterates its yen warnings as the market waits for action.

Shunichi Suzuki, Japan’s finance minister, issued a warning on Tuesday after the yen hit a new 32-year low, saying that…

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A soaring dollar test China’s capital controls while cash disappears

HONG KONG The flow of cash is leaving China’s financial market at the fastest pace ever as investors flee a…

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Japan will not rule out tax on income and corporate increases to help fund military spending , says a lawmaker.

Tokyo (Reuters) Japan hasn’t completely thought of raising corporate or household income taxes to finance an anticipated increase in its…

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U.K.’s Hunt to Announce Tax, Spending Plans Later Monday

The U.K.’s current Chancellor of Exchequer, Jeremy Hunt, will announce his new spending and tax policies next Monday, 2 weeks…

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According to WSJ , Goldman wants to combine investment banking and trading.

The Wall Street Journal reported on Sunday that Goldman Sachs is planning a major reorganisation. As part of this change,…

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How Britain’s pension scheme hedge turned into a bet worth a trillionpounds  pounds 

LONDON- It started out pretty simply: British pension plans were looking for a way to match their assets to future…

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Hungary’s government is increasing the size of a programme that caps mortgagerates rates

BUDAPEST In a decree released late Friday, the Hungarian government said that starting on November 1, it will include fixed-rate…

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