Emerging markets reeled under selling pressure on Monday (May 6) following a re-escalation in U.S.-China trade tensions as US President Donald Trump said on Sunday that Washington would hike tariffs on $200 billion worth of Chinese goods this week, with further tariffs on
Aramco, Saudi Arabia's national oil giant, was the most profitable company on the planet in 2018, posting a net profit of $111.1 billion but China's Sinopec continued to lead the world’s biggest oil and gas companies, generating $426bn in revenues.
In a time of extraordinary political volatility, something big is happening in the gold market and nowhere is that more apparent than in central banks.
Despite a decrease of volatility in many markets and positive performance of main stock indices, ongoing geopolitical tensions, US-China trade issues and the uncertainty created by Brexit continue to dampen investor enthusiasm, resulting in the number of IPOs in the first
Annual world economic growth is forecast to decelerate to 3.5% in 2019 and 2020, down from 3.7% in 2018, Euromonitor International said in its latest report titled “Global Economic Forecasts Q1 2019”.
Canada's Barrick Gold Corp., the world’s biggest gold producer, dropped its takeover offer for its American rival Newmont Mining after the two agreed to create a joint-venture for their mining operations in Nevada.
The world's second-biggest economy is likely to see billions of dollars into its stock market after index provider MSCI confirmed it will increase the weight of China A shares -yuan-denominated stocks traded on the mainland- in its global stock indexing system.
Every year, S&P Global Market Intelligence publishes its report of the 100 largest banks in the world by total assets.
Major changes in the regulation of foreign investment in China are underway, as the world's second largest economy aims to further open its market.
Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent, reveals a new report from Oxfam International today.