What a Brexit deal can and can’t do for the British economy

The “deal dividend” promised to Britain by Chancellor of the Exchequer Philip Hammond might be tantalizingly close amid signs an amicable divorce from the European Union could be within sight.

Economy News

Investors hunting for Asia opportunities amid technology stock rout

Investors are looking to Asia to snap up opportunities following the global technology stock rout.

Markets News

Bitcoin’s Long-Term Technical Indicators Point to Possible Gains

Bitcoin bulls are in for some long-awaited good news: technical indicators show the biggest cryptocurrency could be poised for gains.

bitcoin, bitcoin news, bitcoin news, latest news

SoftBank’s Son Sees Profit Surge Amid Scrutiny Over Saudi Ties

SoftBank Group Corp. founder Masayoshi Son is starting to see the benefits of his enormous technology investments -- along with the scrutiny that comes from taking money from Saudi Arabia.

Markets News

Asia Stocks Edge Higher at Open; Treasuries Slip: Markets Wrap

Asian stocks eked out modest gains at the open after a mixed U.S. session ahead of midterm elections. Treasury yields ticked higher and the dollar was steady.

Asia Stocks News

Racial bias? Indian IT giant TCS set to go on trial over firing Americans

The company is set to go on trial in California over racial discrimination claims by American workers who lost their jobs at TCS offices in the US because they hadn’t been assigned to any of its clients.

Industry News

Worst rout in seven years may end for Indian bonds amid RBI buying

With India’s central bank emerging as the biggest buyer of government debt, some traders are calling time on a rout that’s lasted more than a year and sent benchmark yields soaring to a four-year high.

Markets News

Alibaba’s Jack Ma calls US-China trade war ‘most stupid thing’

Billionaire Alibaba co-founder Jack Ma called fighting over trade senseless and decried once again a widening conflict between the US and China.

Industry News

Fiscal stimulus powers US household income & consumption, Europe and Japan not able to capitalise

By Mohamed A El-Erian The divergence among economies, and the asset-price dispersion that has come with it, remains one of the key global issues for policymakers and investors this year. The phenomenon isn’t sufficiently a

Opinion News

Google urged to scrub personal details from Toronto digital city

The proposed city been embroiled in controversy from the start over how data from smartphones, sensors and the like, will be used.

Google urged to scrub personal details from Toronto digital city

Tax rules for tech giants: EU’s divisive plan to tax Facebook, Amazon returns to spotlight

Spearheaded by France, the plan has met resistance from countries such as Ireland and Sweden, which question the wisdom of the EU going it alone given the global nature of digital services.

Industry News

US citizenship question goes on trial in the next US census to be held for the first time in 70 years

The trial, starting the day before a momentous midterm election, could help rewrite the nation’s political map for a decade.

World News

US sanctions on Iran oil sales snap back as Donald Trump keeps his promise

U.S. sanctions lifted as part of the 2015 nuclear accord with Iran snapped back at midnight New York time as President Donald Trump fulfills his vow to ramp up pressure on the Islamic Republic over its “malign” behavior i

Economy News

How do Asian companies keep top women executives? Remove stigmas, act boldly

More than three-quarters of large organizations globally are looking to add more women to their upper echelons, with most offering attractive pay and adopting special recruitment programs.

Industry News

India bonds worst rout in seven years may end soon; here’s why

With India’s central bank emerging as the biggest buyer of government debt, some traders are calling time on a rout that’s lasted more than a year and sent benchmark yields soaring to a four-year high.

india bonds, Indian market, Reserve Bank of India, seasonal cash crunch, government debt, market news

How dominant companies can be a drag on the US economic growth, the online delivery service, made one critical error. It rocketed to success in a field dominated by Inc. Sales by the parent company, created in 2005 by Marc Lore and Vinit Bharara, grew to $300 milli

Economy News

TCS in trouble: IT major faces US jury over why it fires so many Americans than South Asians

India’s IT outsourcing giant Tata Consultancy Services Ltd. needs to offer a good explanation for why engineers hired at its American outposts are 13 times as likely to be fired if they’re not South Asian.

Industry News

Making real stuff is an increasingly large part of US economy

The share of the U.S. economy from private goods-producing industries increased to the highest level in 11 quarters, according to data released Thursday from the Bureau of Economic Analysis.

Economy News

World economy risks returning to sync, this time to the downside

The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating in sync.

imf, economy News

This famous money manager is shorting 2 UK banks on no-deal Brexit; buy why is he shorting Tesla too?

Steve Eisman, the Neuberger Berman Group money manager who famously predicted the collapse of subprime mortgages before the 2008 financial crisis, is shorting two UK. banks over expectations the country will leave the Europea

tesla, uk, brexit News

Eyeing Saudi riches, Wall Street gets back to business as usual

For a moment, Wall Street seemed to be inching away from Saudi Arabia. Now, it’s already inching back. A month after the murder of government critic Jamal Khashoggi in the Saudi consulate in Istanbul, bankers say the reward

wall street, economy, markets News

EU faces a risk in 2019 that has nothing to do with populists

Anti-establishment forces are attracting plenty of attention as they prepare a fresh assault on the European Union next year.

eu, european union News

How did the Irish border become the biggest fight of Brexit?

In the run-up to the UK’s 2016 Brexit referendum, the Irish border barely featured in the debate.

brexit, ireland, great britain News

How Beirut’s ghost apartments are haunting the Economy

The ghost apartments of Beirut are haunting the economy.

beirut, beirut economy News

Trump-Xi trade deal likely to begin rather than end at G-20

The Trump administration has also repeatedly labeled industrial policies such as Beijing’s “Made in China 2025” plan to lead the world in areas such as robotics acts of “economic aggression” meant to undermine Ameri

Economy News

Warren Buffett’s buying shows appetite for stocks, including his own

Berkshire Hathaway Inc.’s chairman poured more money into stock purchases last quarter than he has in over four years.

Industry News

Amazon executive rips ‘leaking’ to Bezos’ post on headquarters

An economic development director at Inc. isn’t happy about a Washington Post report that the e-commerce giant is in advanced talks with a Washington suburb about being the location for its second headquarters.

Industry News
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