Earlier this week, the Statistics Canada reported a 0.3% m-o-m economic contraction in October. The news comes after four consecutive…
A European Central Bank (ECB) survey has revealed that wealth inequality was rapidly increasing in Europe. According to the report,…
The stock of Citigroup Inc (NYSE: C) recorded a 12-month high of $60.91 last week. Several funds, including HGK Asset…
The interest rate cut announced by the Reserve Bank of New Zealand, in November, did not have the intended effect…
China’s capital outflows are growing at a rapid pace with the government increasing the amount of foreign exchange being sold…
The news of a possible fine by the Chinese authorities, on an unnamed US automobile manufacturer for monopolistic attitude, dragged…
Since mid-November the Singapore dollar remains weak against the Greenback. The primary reason for the weakness is the 0.2% drop…
The Australian government is setting up a taskforce to examine a possible ban on the $100 note, part of a…
Last week, Sears Holding Corporation (NASDAQ: SHLD), the owner of Sears and Kmart, reported its fifth consecutive quarter of dismal…
The announcement of production cut by the OPEC cartel, which pumps out nearly 1/3rd of global crude supply, enabled the…