U.S. services PMI fall in December; job creation accelerates fastest since September 2015

Jan 06, 2017 04:51 am UTC| Commentary Economy

Growth in service sector activity eased during the month of December, while job creation accelerated at the fastest pace in near 16 months, highlighting a sustained upturn in business activity and incoming new work across...

Ethiopia's political ripple a big test for infrastructure-led Chinese approach

Jan 06, 2017 02:51 am UTC| Insights & Views Economy

Nearly three months into the state of emergency declared by Ethiopia, the atmosphere on the streets of its bustling and impressively modern metropolis and capital, Addis Ababa, feels tense. At 2,355m above sea level,...

Why a 'soft Brexit' is in the interest of both London and Brussels

Jan 05, 2017 16:53 pm UTC| Insights & Views Economy

London accounts for 85% of the EUs hedge fund assets, 78% of its foreign exchange turnover, 74% of over-the-counter interest rate derivatives, 64% of private equity assets and 59% of its international insurance premiums....

Study provides fresh insights into the benefits of mobile money in Kenya

Jan 05, 2017 16:45 pm UTC| Economy Fintech

A recently published study on the long-run effects of mobile money on economic outcomes in Kenya provides some valuable insights that will benefit economic development and financial inclusion policies across Africa. The...

Denmark recovery on track, driven by growing labour force and stronger global and domestic demand

Jan 05, 2017 16:44 pm UTC| Commentary Economy

Denmark is set to extend economic recovery for the fifth consecutive year. Recovery in the Nordic nation has been relatively moderate till now. But there is more distinct possibility of a more robust recovery on robust...

China's new Silk Road is all part of its grand strategy for global influence

Jan 05, 2017 16:38 pm UTC| Insights & Views Economy

The first freight train from China to the UK has started its 12,000 mile journey from the industrial city of Yiwu in the east of China to London. Part of Chinas One Belt, One Road project to link east and west, it is all...

Global growth likely to support synchronised recovery among Nordic countries in 2017

Jan 05, 2017 15:31 pm UTC| Commentary Economy

Global economic cycle looks to be entering 2017 in a rather upbeat mood. Indicators are pointing to higher growth in all major regions at the same time which is likely to support open economies such as the...