Weather New York, NY +36°F

Government

BRICS Trade Ministers

South Africa's inflation up at 4.8% in November

Falling in line with the economists' forecast, the inflation rate in South Africa rose to 4.8 percent in November, registering its highest since July 2015. Consumer prices marginally rose 0.1 percent during the month. South Africa's currency Rand fell against US dollar, euro and pound. The currency depreciation is likely to be a major risk to the inflation outlook.

Read Full Article
Yuan notes

China's capital outflows tripling in November

The capital outflows from the world's second-largest economy registered record level in November. The capital outflow grew almost three times in November from October.

Read Full Article
Japan

Japan's Womenomics Goals Downgraded

Despite Prime Minister Shinzo Abe's "womenomics" plan to encourage more Japanese women in the workforce, the country doesn't seem to want to follow it. Japan's gender equality bureau has reduced its goal of hiring women in senior positions from 30% to 7% and leadership positions in the private sector to 15% by 2020.

Read Full Article
Australian Prime Minister Malcolm Turnbull

Australia's Huge $1.1 billion Innovation Fund to Help Startups and STEM

Australia's Prime Minister Malcolm Turnbull, has announced a huge investment of $1.1 billion innovation fund to help startups and STEM. The National Innovation and Science Agenda, announced at Australia's science body in Canberra CSIRO on Monday, has been labeled as an "ideas boom" to move Australia forward after the "mining boom."

Read Full Article
Industrial and Commercial Bank of China

A long-stretched financial winter looms over Hong Kong

Hong Kong's international financial hub is reeling under pressure as the world's largest and second largest economies are impacting it more in a negative way.

Read Full Article
China

China pledges $60B funding package support development efforts in world's poorest continent

China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.

Read Full Article
Tourists

Italy's unemployment rate 11.5%, lowest since December 2012

The unemployment rate in Italy dropped to 11.5 percent in October, the lowest since 2012, reported the national statistics agency Tuesday.

Read Full Article
Warren Christopher (L) and William Perry (R)

U.S Government Is Putting Huge Effort To Pace Up With The Surging Demand Of Weapons

In order to ensure faster processing of foreign arms sales in the US, the government is putting immense effort. In the financial year 2015, the foreign arms sales heaved 36% to 46.6 billion. Besides, as per pentagon official's view, the sudden surge expected to remain strong in the coming years.

Read Full Article
Russia

Despite easing foreign trade, Russian markets turn attractive

The steep fall in oil price is impacting Russia's foreign trade more in a negative way, while the financial markets are witnessing renewed interest from overseas investors and fund managers as well.

Read Full Article
Traders

Stockpiles help US growth beat forecast in Q3

The world's largest economy registered an encouraging growth in gross domestic product (GDP) in the third quarter of 2015. The GDP growth rate surpassed previous forecasts as businesses expanded inventories indicating the economy on the right track.

Read Full Article
George Osborne

Britain Expand Its Military Spending In Defense Against Islamic State

Amidst a growing threat from Islamic State terrorism, Britain strengthen its defense by spending more budget on defense and security. According to CNN, Britain will beef up its security by purchasing nine new Boeing P8 maritime patrol aircraft for surveillance and anti-submarine warfare,with additional spending of £12 billion ($18 billion).

Read Full Article
Air pollution

Alberta limits Oil-Sands Emissions to curb pollution

Alberta Premier Rachel Notley said Sunday that the New Democratic Party will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price as part of a strategy to reduce pollution in Canada's most polluting province.

Read Full Article
European Union

Europe recession looks enduring, warns think tank

Europe recession looks enduring, warns the IPPR report. It said the severe unemployment and underemployment in Europe are signals of an alarming situation about the deepening recession.

Read Full Article
Space satellite

US, China to roll out 'Space Hotline' to avoid conflicts

The world's largest and second largest economies have established 'Space Hotline,' a new communications channel to serve as a diplomatic safety valve.

Read Full Article
U.S. President Barack Obama

Obama to sign TPP deal with Philippines and Vietnam in APEC Summit

US President Barack Obama is heading for an Asian trip and is expected to join the APEC Summit in Manila to talk about the Trans-Pacific Partnership. The Asia-Pacific Economic Co-operation (APEC) summit, which will be attended by all Asia-Pacific leaders will be the center of Obama's attention to deliver a speech and convince leaders to sign the agreement.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics