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Germany Leads Big Bond Rally As Inflation Finally Heads Down

Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling inflation and a weakening…

Gold Edges Lower, Copper Slides On Disappointing Chinese Data

Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while…

Economic Development In Asia Still Faces Many Challenges, China Minister Says

Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Went said. Wang…

Crypto verse: Busy Bitcoin Births New Breed of Crypto

Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glasson, almost 40% higher…

Explainer-What India’s Decision to Scrap Its 2000-Rupee Note Means For its Economy

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced…

European Stock Futures Higher; U.S. Debt Optimism, Solid Earnings Help Tone

European stock markets are expected to open higher Friday, benefiting from the global optimism that a U.S. debt default will…

Six Pacific Countries At High Risk Of Debt Distress – World Bank

Six Pacific countries are at a high risk of debt distress in part due to government spending to respond to…

Commerzbank Doubles Quarterly Profit, Helped By Higher Interest Rates

Germany’s Commerzbank (ETR:CBKG) said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by…

Asian Stocks Creep Higher, China Lags On Disappointing Data

Most Asian stock markets rose on Tuesday, tracking some overnight resilience in U.S. equities as markets awaited more cues on…

Australia’s Ingo Care gets Higher $1.3 Billion Offer From TPG, Shares Jump

Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a higher A$1.86 billion ($1.26 billion) offer from…