Global market
Moody’s, Fitch brush off shutdown threat to U.S. sovereign rating
As the United States shutdown enters the third day with a projected telling effect on the economy, international rating agencies,…
World Bank withdraws support for oil, gas industries
The World Bank, which provides developing countries about US$60 billion a year in financial assistance, is officially phasing out its support for the oil…
High fees, suspicious banks hinder UK investors from cashing out bitcoin profits
British investors who want to cash out of cryptocurrencies into pounds are facing the hurdles of having to make international…
Shipowners at risk of losing insurance cover as IMO introduces more stringent sulphur emissions regulations
Shipowners could find that their vessels are deemed unseaworthy and their insurance cover is affected by failing to comply with…
Global economy set for decade of gloom as World Bank predicts recovery set to fizzle out
The global economy will fizzle into a decade of sluggish growth in the 2020s as the current upswing fades and…
Global economy’s steady growth facing three big risks in 2018
After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018 -- a…
