The Brazilian Senate has voted 61-20 in an impeachment trial to remove President Dilma Rousseff, saying she has manipulated the budget to hide economic problems. Rousseff says that her removal is a parliamentary coup and […]
The South Korean government is looking to stay in “expansionary” mode next year with a budget of 400.7 trillion won that’s up 1.4% from this year’s budget, including the supplemental allocation for the second half. […]
Brexit’s impact and upcoming elections are undermining the EU’s chances for a trans-Atlantic trade deal with the US, so France is urging that negotiations be halted. Matthias Fekl, France’s trade minister, said he would make […]
The world’s biggest pension fund, Japan’s Government Pension Investment Fund, has reported a 3.9% loss of $52 billion for the quarter that ended June 30, largely because of a bigger allocation to stocks. A strengthening […]
With net profits down slightly in the second quarter from the first three months of the year, South Korea’s 54 securities companies ended the first half of 2016 with a decline in profit of more […]
Add to hawkish rate comments from the US Federal Reserve a fourth month of rising consumer spending. July’s 0.3% increase follows June’s 0.5% gain, indicating that momentum from the second quarter is extending into the […]
Leaders of blockchain companies and projects want municipal, state, federal and supranational officials to develop a strategy for adoption and governance. “Perhaps this is the beginning of some new collaborations that are specifically intended to […]
Plentiful monsoon rains that have improved the outlook for India’s vast agricultural sector should lift overall growth this year to 8%, Economic Affairs Secretary Shaktikanta Das said. Das also cited recently introduced structural reforms whose […]
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