China's benchmark stock index will trade weaker than current levels for much of next year as an official deleveraging campaign crimps credit growth and keeps interest rates elevated, according to Bocom International Holdings Co.'s Hao Hong. The Shanghai Composite Index will move between 2,800
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Young Europeans are the most optimistic age group in the region, with a growing number saying they believe they'll be better off than their parents. It's a key finding in the latest Intrum European Consumer Payment Report, in which the Swedish debt collection company surveyed about 24,000 people in
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Port Authority Finance/Management Administrator Diane Ksiazek reported last week that 2018 is the year they will switch to the Uniform Accounting Network software bookkeeping system. This is something she and Port Authority Executive Director Penny Traina have been working on since Traina was
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Fiscal stimulus, including large Republican-backed tax cuts, will deliver a modest boost to the U.S. economy in the next two years, although many economists also expect a recession to start during that time, according to a new survey. About half of economists say fiscal policy changes will augment U.S.
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A South Korean F-15K fighter jet takes off from an air base in Gwangju on Dec. 4. Photographer: Yonhap/EPA. The U.S. and South Korea on Monday began a five-day joint air exercise on the Korean peninsula involving 230 aircraft and 12,000 American troops, the allies said in a joint statement.
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