Germany’slabormarketremainedstronginMay,withtheunemploymentratefallingagainoverthepreviousmonthtoanewpost-reunificationlow,inalikelyboosttoChancellorAngelaMerke
TheU.S.economyslowedlessthaninitiallythoughtinthefirstquarter,butsofteningbusinessinvestmentandmoderateconsumerspendingarecloudingexpectationsofasharpaccelerati
Chinese authorities are considering introducing a "counter-cyclical factor" to the existing pricing model of yuan's central parity rate against the U.S. dollar, the China Foreign Exchange Trade System (CFETS) said Friday.
ChicagoFederalReservePresidentCharlesEvanssignalledacautiousstancetowardsfurtherU.S.interest-rateincreasesinremarkspreparedfordeliveryonThursdayinTokyo,sayingth
British inflation rate has continued its upward trend, hitting a record high in April, the Office for National Statistics (ONS) released Tuesday.
SEOUL, May 8 (Xinhua) -- South Korea is set to hold a presidential by-election Tuesday amid escalated hopes for a new society following the impeachment of former President Park Geun-hye over corruption allegations.
South Korea's central bank on Thursday froze its benchmark interest rate at a record-low level amid mixed signals at home and abroad, including recovering exports and slumping consumption.
Australia is failing to meet almost every target for improving the lives of its indigenous population, including reducing the infant mortality rate, getting children in school and adults in jobs, according to a government report released on Tuesday.
Punctuality rates of China's biggest airports fell below standards in 2016
South Korean households spent over one-fourth of disposable income on repaying debts amid eased regulations on mortgage financing and record-low interest rates that helped lift household debts to the record high, a joint survey showed on Tuesday.
Higher U.S. interest rates might have a positive effect on the European economy as the weakening of the euro will cheapen exports to the U.S. and imports will become more expensive, the Cologne Institute for Economic Research (IW Cologne) said in a commentary article released on Monday.
Britain's central bank, the Bank of England (BOE), left its bank rate unchanged at a historic low on Thursday, in contrast to the United States's Federal Reserve which on Wednesday raised its interest rate.
The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points to a range of 1.50-3.75 percent and indicated a faster rate hike pace next year, which triggered significant adjustments in global financial markets.
South Korea's central bank on Thursday froze interest rates at a record low to see the effect from the U.S. Federal Reserve's first rate hike in a year.
U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points, the first and only time in 2016, and indicated a faster rate hike pace next year.
UK consumer price inflation rose to its highest mark in more than two years, according to figures released on Tuesday, as the effects of a sharp depreciation in sterling following the Brexit vote begin to be felt in prices.
The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.
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