World economy

21 Oct 2019

18 Oct 2019

Prime Minister Boris Johnson is taking the accord to parliament on Saturday, where skeptical parliamentarians and opposition from the Irish Democratic Unionist Party could still stall Brexit

17 Oct 2019

The deal still needs to finetune customs and sales tax regulations to manage trade in goods between Northern Ireland and Ireland while Prime Minister Johnson also needs to push any deal past a deeply divided Parliament after it rejected a previous deal three times

14 Oct 2019

The Laureates’ research findings – and those of the researchers following in their footsteps – have dramatically improved our ability to fight poverty in practice, the according to the Nobel Prize Committee

14 Oct 2019

09 Oct 2019

04 Oct 2019

The United States on Wednesday said it would slap 10 per cent tariff on European-made Airbus aircraft and 25 per cent duties on French wine, Scotch and Irish whiskies, and cheese from across the continent after the World Trade Organisation gave Washington a green light to impose tariffs on $7.5 billion worth of EU goods annually in a long-running case

03 Oct 2019

03 Oct 2019

While both countries do not see any structural issues, there are conflicting interests of bringing down trade deficits and protectionist trade policies that hamper a trade deal

27 Sep 2019

Chirac, like Charles de Gaulle, ably presided over a state in which power was divided between the left and the right even as he championed the cause of a stronger European Union

20 Sep 2019

The US central bank is reported to have injected a total of $203 billion into markets - $75 billion each on Wednesday and Thursday, and $53 billion on Tuesday

16 Sep 2019

13 Sep 2019

The ECB’s announcement pushed the euro down sharply against the dollar, with the European common currency hitting its lowest level in more than two years, before recovering all losses as market started doubting the central bank’s new bond-buying plan

13 Sep 2019

While China announced tariff exemption for 16 US products and US delayed a planned tariff hike on $250 billion worth of Chinese goods, there are still many uncertainties in the coming trade talks, including Beijing’s reluctance to change laws to address US complaints

12 Sep 2019

The Trump administration issued the rule in an attempt to block hoards of immigrants from countries like El Salvador, Honduras and Guatemala from entering the United States as asylum seekers after crossing through Mexico, while keeping asylum protection for Mexican citizens

10 Sep 2019

Johnson decided to overlook a legislation passed by parliament demanding that he delay Brexit unless he strikes a new agreement and insisted that Brexit would happen by that date, "no ifs and buts"

04 Sep 2019

EU leaders have refused to reopen the current Brexit deal or abandon it, but Johnson insists that a credible threat to walk away from the European Union will help secure a new deal

19 Aug 2019

19 Aug 2019

16 Aug 2019

The sluggish global trade hit Singapore’s gross domestic product the most as the city-state is more dependent on international trade than domestic economy

16 Aug 2019

01 Aug 2019

While the rate cut was widely expected by markets, comments by Fed Chairman Jeremy Powell that the rate cut was only a “mid-cycle adjustment to policy”, only helped to boost the value of the dollar

29 Jul 2019

29 Jul 2019

29 Jul 2019

The problem with Brexit is that neither Ireland, nor the EU wants Britain to crash out of a customs union and leave a hard border between EU-member Ireland and the British province of Northern Ireland