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22:24, 30 June 2016 Thursday
Economy

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

16:06, 17 June 2016 Friday
Turkey runs budget surplus of 1 26B in May

Surplus during Jan.-May period stood at $3.1 billion, says finance minister

15:50, 17 June 2016 Friday
Italian mayor put town on sale

Remote, impoverished town expects well-to-do Chinese buyer to spur its fragile economy

15:35, 17 June 2016 Friday
Austrian Post to increase stake in Aras Cargo

Austrian company is to have 75 percent of total stakes of Turkish company after agreement concluded

09:53, 21 May 2016 Saturday
5 tech companies control one-third of all corporate cash

Apple, Microsoft, Alphabet, Cisco and Oracle hold about $504B, approximately one-third of all corporate cash in the United States

09:37, 12 May 2016 Thursday
IMF estimates cost of bribes globally at up to 2

The Fund's head says 'corruption has a pernicious effect on the economy'

11:45, 28 April 2016 Thursday
OECD Brexit worse for British families

Exit would cost average monthly salary for each household, Organization for Economic Cooperation and Development says

09:14, 20 April 2016 Wednesday
Oil companies' earnings to fall 22 percent in 2016

Firms to see deterioration in credit metrics as low oil prices impact cash flows

09:47, 18 April 2016 Monday
Oil prices plunge after Doha output talks fail

OPEC exporters as well as other non-OPEC producers, including Russia, fail to agree on oil output freeze

11:10, 16 April 2016 Saturday
Moody's raises Argentina credit rating

Moody's has upgraded Argentina's credit rating after a US appeals court ruling this week cleared the way for Buenos Aires to proceed with the biggest debt issue by an emerging market country in 20 years.

13:44, 13 April 2016 Wednesday
OPEC warns on oil 'oversupply'

Ahead of Doha meeting, OPEC says 'hurdles prevail as oversupply persists and inventories remain high'



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