Economy

Pound slumps as Boris Johnson’s Brexit rhetoric toughens

Pound slumps as Boris Johnson's Brexit rhetoric toughens

31 July 2019 – British Prime Minister Boris Johnson visited Wales yesterday on a national tour to reassure voters that his push to leave the European Union “come what may”...

Brexiteer Nigel Farage splattered in milkshake attack

Brexiteer Nigel Farage splattered in milkshake attack

21 May 2019 – Pro-Brexit British politician Nigel Farage was hit with a milkshake while campaigning in the European Parliament election yesterday — the latest in a spate of attacks...

Tokyo stocks rise on Japan’s strong GDP data

Tokyo Stocks Rise On Japan's Strong GDP Data

20 May 2019 – Tokyo stocks rose today as Japan’s economic growth in the first quarter beat market expectations, but the gains were limited as the data also reflected weak...

Oil prices climb in wake of Iranian oil sanctions

Oil prices climb in wake of Iranian oil sanctions

24 April 2019 – Global oil prices are rising in the wake of President Donald Trump’s decision to impose sanctions on nations that import Iranian oil and could eventually climb...

Theresa May in Berlin to plead for new Brexit deadline

Theresa May In Berlin To Plead For New Brexit Deadline

09 April 2019 – Prime Minister Theresa May brought her case for a further delay to Britain’s departure from the European Union to Berlin today, while German and French...

EU chief ponders special place in hell for some Brexiteers

EU chief ponders special place in hell for some Brexiteers

07 February 2019 – European Council President Donald Tusk took a swipe at some Brexit-backers in Britain, wondering aloud what “special place in hell” might be reserved for those who...

US stocks jump after Fed indicates patience on rate increases

Rising interest rates send US stocks tumbling

31 January 2019 – U.S. stocks finished sharply higher last night after the Federal Reserve signaled it could hold off on interest rate increases in the coming months, citing muted...

China to give Cambodia US$600m in grant aid

China To Give Cambodia US$600m In Grant Aid

23 January 2019 – Cambodian Prime Minister Hun Sen, making a four-day visit to China, said today that Beijing has agreed to provide his nation with nearly $600 million in...

UK businesses plead for deal to prevent no-deal Brexit

UK Businesses Plead For Deal To Prevent No-Deal Brexit

19 December 2018 – Britain’s five leading business groups are pleading with the government to act to prevent the country’s departure from the European Union without a deal. In...

US stock indexes edge higher after a big gain

Rising interest rates send US stocks tumbling

28 November 2018 – Stocks wobbled last night as large high-dividend stocks rose and smaller companies sank. Major indexes were coming off big gains the day before. Big health care...