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Author Archives: Top News Editor

Sizzling Crypto Market Invites Regulators’ Attention

Runaway trends in the price of cryptocurrencies have brought them under the regulators’ scanner in several countries, clouding the outlook for what was touted as the next big thing after Internet. South Korea and China, which are among the most ...

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U.S. Weekly Jobless Claims Climb To Three-Month High

For the second consecutive week, the Labor Department released a report on Thursday showing an unexpected increase in first-time claims for U.S. unemployment benefits. The report said initial jobless claims climbed to 261,000 in the week ended January 6th. Read ...

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Germany’s GDP Growth Fastest In Six Years

The German economy expanded at the fastest pace in six years in 2017, driven by domestic demand, preliminary data from Destatis showed Thursday. Gross domestic product grew 2.2 percent in 2017 after expanding 1.9 percent in 2016. This was the ...

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UK Industrial Output Rises For Eighth Straight Month

UK industrial production climbed for the eighth straight month in November driven by energy and manufacturing output. Data from the Office for National Statistics showed that monthly growth in industrial output doubled to 0.4 percent from 0.2 percent in October. ...

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World Bank Raises Global Growth Projections

The World Bank raised its global growth projections, saying 2018 is on track for the first time since the financial crisis to operate at or near full capacity. The global economy is forecast to grow 3.1 percent this year instead ...

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