economy

Global bond funds see biggest outflows in two decades

Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty…

3 years ago

Apple to raise App Store prices in some countries in Europe, Asia

Apple Inc (AAPL.O) said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month…

3 years ago

Analysis: China’s mortgage boycott quietly regroups as construction idles

Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress…

3 years ago

Exclusive: Flurry of new rules leave Turkish banks struggling to lend

Some Turkish banks are curtailing corporate lending after the government's latest raft of regulations raised their costs and forced many…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago

Analysis: Europe’s banks dim lights as they brace for winter blackout

Some of Europe's biggest banks are preparing back-up generators and to dim the lights as they brace for potential power…

3 years ago

Stocks fall on rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve…

3 years ago

Japan’s services sector shrinks for first time in five months in August – PMI

Japan's services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections…

3 years ago

EU gas price rockets higher after Russia halts Nord Stream flows

European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply…

3 years ago