World Economic Magazine

Oil steady as rising Libyan output offsets supply worries

Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers…

5 years ago

Japan finance minister vows stable JGB issuance via dialogue with markets

Japan will issue government bonds (JGBs) worth 215 trillion yen ($1.89 trillion) in the next fiscal year in a stable…

5 years ago

Indonesia Dec trade surplus at $1 bln, well below forecast

Indonesia's trade surplus narrowed more than expected in December to $1.02 billion, the lowest in 20 months, as a surge…

5 years ago

Turkey’s Halkbank shares jump after U.S. prosecution put on hold

Turkey's Halkbank shares climbed more than 8% on Monday after a U.S. appeals court put its prosecution by the federal…

5 years ago

Credit Suisse says its revamp intact despite chairman’s exit over COVID-19 breaches

Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal…

5 years ago

European stocks gain ahead of earnings; China adds stimulus

European shares were slightly higher in early trading on Monday as investors focused on company earnings and U.S. Federal Reserve…

5 years ago

Euro zone mulls how to make governments respect EU fiscal rules

Euro zone finance ministers will start a discussion on Monday on how to change the often-broken EU fiscal rules so…

5 years ago

Ford crosses $100 bln in market value for the first time

Ford Motor Co's (F.N) market value breached $100 billion for the first time on Thursday, as more investors bet on the Detroit…

5 years ago

Analysis: Risk of catching Omicron abroad delays airline recovery

Before the Omicron variant of coronavirus burst onto the scene in November, retired Australian Glenn Turnley was looking forward to…

5 years ago

German economy grew 2.7% in 2021 after plunge of 4.6% in 2020

The German economy failed to return to its pre-pandemic size in 2021 as microchip shortages hit production in the car…

5 years ago