The Euro has begun the week higher against the US Dollar, Pound and Japanese Yen as banks in the Eurozone draw back foreign-held assets before the end of the year and as it found support from comments made by a European Central Bank chief Mario Draghi. The single currency is trading just […]

Reports of worsening economic conditions dominated headlines in newspapers for most of the year as the plunge of the rupiah sparked concerns about the possible recurrence of financial crises that shook the country’s economy in 1998 and 2008. The year 2013 began on a positive note, when the Central Statistics Agency (BPS) announced gross domestic […]

Source: C.G.P. Grey It’s no secret that U.S. jobs have taken a hit over the past 20 to 30 years, a situation often blamed on offshoring — the practice whereby American manufacturers send formerly domestic-based jobs overseas to save on labor costs. Lately, there has been a push to bring back at least some of […]

European stocks climbed on Friday as renewed appetite for risk fuelled a year-end equity rally and pushed US benchmark Treasuries yields above three per cent for the first time since September. Japan’s low-yielding yen extended losses, hitting 105 yen to the dollar for the first time in five years as well as a five-year low […]