Category: Economy

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UK PM Johnson: COP26 outcome is in the balance

UK PM Johnson: COP26 outcome is in the balance

The outcome of the COP26 United Nations climate conference is in the balance, British Prime Minister Boris Johnson said on Wednesday, describing the s [...]
Australian dollar calms after inflation jump

Australian dollar calms after inflation jump

The U.S. dollar struggled to gain momentum on Wednesday, while the Australian dollar pared gains following a jump on surprisingly strong inflation dat [...]
UK’s Sunak sets out spending plans

UK’s Sunak sets out spending plans

Finance minister Rishi Sunak set out multi-billion-pound public investments alongside tight controls on day-to-day outlays in his budget speech and th [...]
Tesla’s Trillion, Facebook Buyback, Microsoft and Alphabet – What’s Moving Markets

Tesla’s Trillion, Facebook Buyback, Microsoft and Alphabet – What’s Moving Markets

Tesla's (NASDAQ:TSLA) market value hit $1 trillion after a landmark contract from rental firm Hertz Global . Facebook (NASDAQ:FB) cushioned the blow o [...]
Turkey and West climb down from brink of biggest diplomatic crisis

Turkey and West climb down from brink of biggest diplomatic crisis

Turkey and its Western allies climbed down from a full-blown diplomatic crisis on Monday after foreign embassies said that they abide by diplomatic co [...]
Chinese developer Modern Land defaults; property shares drop

Chinese developer Modern Land defaults; property shares drop

Modern Land has missed a bond payment, the latest Chinese property developer to do so, adding to worries about wider effects of the debt crisis at beh [...]
Inflation expectations at new seven-year high, shooting past ECB target

Inflation expectations at new seven-year high, shooting past ECB target

Euro zone inflation expectations among bond investors opened at a new seven-year high on Tuesday, shooting past the European Central Bank's target on [...]
Australia’s Crown branded ‘disgraceful’, gets two years to fix Melbourne casino

Australia’s Crown branded ‘disgraceful’, gets two years to fix Melbourne casino

An Australian inquiry on Tuesday declared Crown Resorts unsuitable to hold a gambling licence in Melbourne but allowed it to run its biggest-earning c [...]
Dollar edges lower on Evergrande news; Aussie, kiwi shines

Dollar edges lower on Evergrande news; Aussie, kiwi shines

The U.S. dollar edged lower on Friday and is set for a second consecutive week of decline as news that heavily indebted property firm China Evergrande [...]
Britain’s Johnson sets out green ambitions with some caveats

Britain’s Johnson sets out green ambitions with some caveats

British Prime Minister Boris Johnson on Tuesday set out his ambition on Tuesday for a green revolution that would force Western economies to kick thei [...]
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