Bank of Japan Keeps Monetary Policy Unchanged
Holly Ellyatt
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British prime minister David Cameron is the latest European politician to be accused of leaking sensitive data after he promised “good news” for the U.K. economy would keep on coming, a day before the official release of growth statistics.
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It’s a good time to be a an investor despite global economic uncertainty and the “fiscal cliff,” Michael Crofton, president and CEO of Philadelphia Trust Company, told CNBC.
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High-frequency trading could have positive effects on the functioning of financial markets, contradicting an increasingly popular view that such trades have increased volatility and should be curbed or even banned, a U.K. government report found.
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The widespread criticism and controversy leveled at global coffee chain Starbucks over the amount of tax the company has paid in the U.K. has been exaggerated, chief executive Howard Schultz told CNBC-TV18 in India.
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The gap in the amount women and men save for retirement in the U.K. has reached a record high, according to the latest Women and Pensions report from investment firm Scottish Widows.
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Throw that crystal ball out – if you want to be a good investor you’ve got to think like a futurist just like Warren Buffett does, Michael Lee, author of book entitled “Knowing Our Future: The Startling Case for Futurology”, told CNBC.
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As EU leaders prepare to meet in Brussels on Thursday, Greece’s workers aim to make their voices heard by holding a 24-hour strike bringing the country to a halt. But with the economy in the fifth year of a recession, the lost production could cost the economy 100 million euros, according to one expert and prove counterproductive.
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As populations rapidly age, reform to straining pension systems must happen now or we will all pay the pay the price when we retire, according to the latest report on pension provision.
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Norway, which chose to remain outside the EU and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.
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Greece’s economy, in its fifth year of recession, is showing “tentative signs” of stabilization despite on-going political uncertainty, according to the latest research note from Credit Suisse. The bank pointed to increased industrial production and exports, as well as an improvement in competitiveness that is “well under way,” but also warned of the growing social cost.