Economy

End of an era: Germany closes its last black coal mine

Dec 21, 2018

Germany has closed the last of its black coal mines, ending an industry that fueled the country's industrial revolution and its post-war economic recovery

Sweden raises key interest rate for first time since 2011

Dec 20, 2018

Sweden's central bank says it has raised its key repo rate to -0.25 percent, from -0.50 percent, citing strong economic activity and good conditions for inflation

US, China face off again at World Trade Organization

Dec 19, 2018

China and the United States have traded barbs again at the World Trade Organization, with the U.S. ambassador accusing China of theft of technology and an envoy from Beijing retorting that the U.S. was "finger-pointing."

Germany arrests Russian suspected of breaching arms embargo

Dec 19, 2018

German prosecutors say customs officials have arrested a 68-year-old Russian man on suspicion of exporting goods suitable for missile construction to 'military recipients' in his home country

Stocks mixed in Asia on Fed rate decision, Japanese data

Dec 19, 2018

Stocks mixed in Asia as traders mull over Fed's interest rate decision, weaker-than-expected Japanese trade data

Clouds grow over German economy after stocks hit bear market

Dec 18, 2018

Worries are growing about the strength of the German economy, Europe's largest, as business confidence slides and stock market enters bear market.

World stock markets stabilize as focus turns to Fed

Dec 18, 2018

World stocks stabilize, with Wall Street expected to edge up after heavy losses the day before, as traders prepare for a likely rate hike by the Federal Reserve

Asian shares slip as traders ready for Fed rate hike

Dec 18, 2018

Asian markets fall as traders ready for Fed rate hike amid expectations of slower growth

US, China spar again over respective trade policies

Dec 17, 2018

China and the United States clashed again over their respective trade policies Monday at a time the two countries are trying to iron out their differences so further U.S. tariffs are not imposed on Chinese goods.

World stocks mixed ahead of Brexit address; Fed in focus

Dec 17, 2018

World markets mixed as British PM prepares to address lawmakers over Brexit; Fed in focus

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