Not since the earthquake and tsunami in 2011 have Japanese exports declined so sharply as this past September, figures from the Ministry of Finance confirm. Overseas shipments from Japan have fallen 1...
Australia’s government has announced AUS$16.4bn in new cuts in order to do good on its promise of budget surplus. The price of commodities in the global market is sliding fast, depriving Australia o...
An accidental email containing Google’s incomplete financial report was sent to the US stock market ahead of scheduled revealing that the internet giant missed growth forecasts. It caused a wave of ...
Data released by the US Department of Commerce has revealed that new home construction has surged in September, growing at its fastest in four years. Housing starts were up 15 percent from August, wit...
Moody’s has confirmed it is keeping Spain’s credit rating at Baa3 with a negative outlook, the lowest level of investment grade, based partly on the prospect of the European Central Bank will make...
A deal between Germany and Singapore will help Berlin track down potential tax evaders, using Singaporean banks to hide away assets. It was announced by Germany’s finance minister Wolgang Schäuble,...
The Indian government has announced plans to award $2.3bn worth of state-sponsored highway contracts in the next six months in a bid to boost the quality of infrastructure in the country. The country ...
Brazil’s central bank lowered their benchmark Selic interest rate by 25 basis points, driving it to a historic low. Interest rates have been slashed nearly in just over one year, and now rest at 7.2...
Toyota has announced another wave of recalls following concerns that faulty window switches could get jammed or break down in the driver’s and passenger’s side. The Japanese car manufacturer has a...
The US department of Agriculture has estimated that the American milk output for 2013 will drop around 0.5 percent to 198.9bn pounds as the number of milk producing cows drops to an eight year low. Co...