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11:46, 24 July 2016 Sunday
Economy

16:08, 10 July 2016 Sunday
G20 commits to open global economy amid slowdown

Trade Ministers Meeting in Shanghai concludes with pledge to push efforts toward trade liberalization and facilitation

11:44, 09 July 2016 Saturday
Moody's cuts UK euro area growth forecast

Brexit raises uncertainty for consumer, investor confidence, ratings agency says

09:20, 08 July 2016 Friday
S amp P cuts outlook for 7 UK banks

Ratings agency sees negative trend for UK banking sector post Brexit

15:24, 05 July 2016 Tuesday
UK central bank announces credit boost plans

Bank of England Governor Mark Carney eases lending rules after vote for Brexit

15:25, 04 July 2016 Monday
Italian bank slumps on bad loan warning

Banca Monte dei Paschi di Siena, or BMPS, is among the banks at the forefront of those concerns with gross bad loans amounting to 46.9 billion euros ($52 billion).

15:14, 01 July 2016 Friday
EU proposes 2 billion for refugees in Turkey by August

Fund to be used in support of education, health, municipal, socio-economic support for refugees in Turkey

13:23, 30 June 2016 Thursday
Turkey's trade deficit narrows by 25 pct

Turkish Statistical Institute says energy prices drive fall in imports

12:45, 28 June 2016 Tuesday
Volkswagen to pay 15B settlement in emission scandal

Some car owners will receive $10,000

15:18, 27 June 2016 Monday
Sterling and euro struggle as Brexit shock lingers

Given all the uncertainty, investors were pricing in a chance of a rate cut with some analysts expecting the Bank of England to consider quantitative easing to cushion the economy

17:35, 26 June 2016 Sunday
Egypt underperforms region in a reaction to Brexit

The Egyptian stock index was down 5.8 percent in early afternoon.

12:51, 24 June 2016 Friday
Brexit vote shakes world economy markets

The pound sterling sees its lowest level against the the US dollar in over 30 years

14:08, 22 June 2016 Wednesday
A majority of millennials now reject capitalism poll shows

A subsequent survey that included people of all ages found that somewhat older Americans also are skeptical of capitalism.

17:14, 21 June 2016 Tuesday
California surpasses France as world s 6th-largest economy

California is now the sixth largest economy in the world, surpassing France thanks to a robust state economy and the strength of the US dollar.

15:08, 21 June 2016 Tuesday
Turkey's Central Bank cuts overnight lending rate

Overnight lending rate gets cut by 50 points to 9 percent, while overnight borrowing rate remains unchanged at 7.25 percent

14:39, 19 June 2016 Sunday
Thai junta cites economic progress despite ranking fall

Says 2016 business report 'clear indicator' it is improving its economic record despite fall from 46th to 49th

13:39, 19 June 2016 Sunday
Natural gas could help reunify Cyprus

Turkish Cypriot leader says negotiations on federal system close to completion

13:26, 19 June 2016 Sunday
Brexit could have domino effect in Eastern Europe

Britain votes on June 23 on whether to stay in the 28-member bloc, a choice with far-reaching consequences for politics, the economy, defence and diplomacy on the continent.

13:05, 19 June 2016 Sunday
9 years since crisis hit Greek brain drain continues

1 in 18 families has a member who left Greece after 2010, and 12 pct of new refugees are older than 40



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