Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.
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The OECD upgraded its outlook for global economic growth, noting slowing inflation, central bank rate cuts, and falling energy prices.
After two months of a post-election stalemate, French president Emmanuel Macron appointed a government Saturday.
China will see middling returns into 2025 according to new data and a bank analyst report, which paints a grim future for its consumer sector.
Fitch Ratings downgraded the debt of the Maldives for the second time in just over two months, suggesting it’s likely to default on bonds.
Canadian National Railway and Canadian Pacific Kansas City came to a halt after locking out 9,300 employees over a contract dispute.
The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.
Italy doubled a flat tax on the foreign income of new residents, upping it from €100,000 to €200,000 annually.
The Bank of England voted Thursday to cut its key rates for the first time in over four years by a razor-thin 5-4 margin.
The US Federal Reserve and the Bank of Japan will meet this week. On Thursday, it will be the Bank of England’s turn in the spotlight.
Hosting the Olympic games is supposed to be an economic boon for any city. Early metrics, however, show Paris might not be so lucky.
The People’s Bank of China unexpectedly lowered its benchmark lending rates and a noteworthy short-term policy rate.
London has been the world’s top spot for money laundering, but that could be changing. Roughly 17% of UK millionaires are leaving.
Greece’s government put new labor laws into effect that mean workers can be asked to work a six-day workweek.
The plenary session of China’s ruling party will likely introduce economic reforms and policies addressing impediments to its growth.
The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.