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IMF: 'Dangerous undercurrents' threaten global economy

IMF, 'Dangerous undercurrents' threaten global economy

One of the most comprehensive studies of the state of banking and markets since the financial crisis warns that "dangerous undercurrents" are a rising threat to the world economy.

 

Samsung sees record third quarter profit on chip demand

Samsung Electronics expects to post record operating profit in the third quarter, helped by strong demand for its memory chips.

   

Amazon to open 'four-star' store in New York

New York, Amazon to open 'four-star' store

Online retailing giant Amazon is opening a store in New York that will only sell products that receive a high rating on its website.

   

Federal Reserve raises interest rates again

The US Federal Reserve has raised interest rates again. Officials increased the target for the bank's benchmark rate by 0.25%, to a range of 2%-2.25%. A majority of members also said th [ … ]

   

Vietnam to spend US$3 billion on media advertising in 2018: Kantar Worldpanel

Vietnam to spend US$3 billion on media advertising in 2018: Kantar Worldpanel, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam b

In its latest report, market research firm Kantar Worldpanel expected the fast-moving consumer goods (FMCG) manufacturers will make up the bulk of that spending.

   

Asia has strong fundamentals in place for excellent growth: WEF

Asia has strong fundamentals for long-term growth despite trade tensions, dollar strengthening and demographic challenges casting a shadow on the outlook for strong global growth.

   

Amazon's market value tops $1tn

Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion (£779bn).

   

Amazon delivers record quarterly profit

Amazon has reported record quarterly profits helped by a rise in online sales and demand for its cloud services.

   

Trade tensions pose a risk to global growth - G20 ministers

The G20 group of finance ministers have said trade tensions could undermine the global economy.

   

IMF warns Ireland faces economic hit from 'no deal' Brexit

IMF warns Ireland faces economic hit from 'no deal' Brexit

Ireland's economy could suffer a 4% hit if the UK and the EU fail to reach a deal following Brexit, the International Monetary Fund has said.

   

Harley-Davidson to make more motorcycles outside the US

Harley-Davidson plans to shift some motorcycle production away from the US to avoid the 'substantial' burden of European Union tariffs.

   

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