Author : EW News Desk Team

The Federal Reserve warned on Monday that some of the country’s largest banks still fall short in areas critical to risk management and capital planning, raising speculation that banks...

JPMorgan Chase is being investigated by U.S. authorities over claims that the investment bank hired children of influential Chinese officials to secure business advantages in the Mainland, the New...

This week: The United Kingdom releases a new estimate of second quarter GDP results; The U.S. and South Korea hold joint military drills intended to help "ensure stability and...

China’s actual GDP size could be $1 trillion less than what the government claims it to be, said a professor from the HSBC Business School at Peking University this...

More than 660 million people in Asia still live in extreme poverty despite the region’s recent economic gains, revealed a new study by the Asian Development Bank (ADB) on...

70 million iPhones were sold in 2011 and not one of them was made in the USA. Why does Apple prefer to keep their production offshore? Contrary to popular...

Russia plans to close more than 700 schools this year because of a slump in the number of school-going children, according to a Wednesday report by the AFP, as...

Official figures from Brussels are expected to show on Wednesday a return to modest growth in the second quarter, ending a recession that has gripped the eurozone since late...

China will surpass the U.S. by October to become the world’s biggest net oil importer, the U.S. Energy Information Administration said, adding that the switch is likely to become...

Greece’s economy shrank by 4.6 percent on an annual basis in the second quarter, marking a gradual deceleration of the country’s longest recorded recession, while the government reported a...