Market indices plunge in Middle East amid post-Brexit financial uncertainty

June 27, 2016 at 01:19 PM

The first post-Brexit day of trading on Middle East stock exchanges has seen indices drop Read More »

Canada loses quarter of crude output as result of wildfires

May 19, 2016 at 02:41 PM

The massive wildfires in Canada’s oil-rich Alberta Province have resulted in a $760 million loss Read More »

Facing Economic Headwinds China’s XI Calls for Reforms

May 18, 2016 at 03:31 PM

Chinese President Xi Jinping exhorted the country’s Central Leading Group Read More »

IMF urges Gulf states to adapt to lower oil prices

April 25, 2016 at 06:48 PM

The International Monetary Fund forecast Monday economic growth in the six-nation Gulf Cooperation Council will be 1.8 percent this year Read More »

Embezzlement scandal rocks Israel's diamond exchange

April 21, 2016 at 02:13 PM

Israeli police arrested a diamond dealer on Wednesday suspected of taking part in a $65 million fraud Read More »

Alibaba passes Walmart as world's largest retailer

April 07, 2016 at 05:14 PM

China’s e-commerce site Alibaba has become the world’s largest retail platform, according to a US Securities and Exchange Commission (SEC) filing released on Tuesday. Read More »

Why Russia and China Are Busy Buying Bullion

April 05, 2016 at 02:36 PM

The currencies of Russia and China are moving to become as "good as gold," F. William Engdahl notes, explaining why the countries are buying gold at a steady pace. Read More »

Chinese Yuan at Three Month High Against Dollar

March 18, 2016 at 02:42 PM

The Chinese yuan strengthened against the dollar early on Friday after the People’s Bank of China set a higher currency midpoint, the Business Standard reports. Read More »