China’s debt is poised to keep expanding faster than the economy through at least 2016, testing the limits of a credit-driven growth model that’s already exceeded the imbalances in Japan before its lost decade.
For parents looking to pay for college, one of the best deals comes with a 1.2 percent, no-fee loan. The hitch: Your kid has to get into Princeton University.
Egyptian shares slumped the most in seven months, leading losses worldwide, as investors took profits after the military chief confirmed speculation that he’ll seek the presidency.
For all the concern over military tension between North and South Korea, stock investors are starting to bet the countries are headed toward reunification.
South Korean stock investors, fed up waiting for the Kospi index to recapture its 2011 record high, are plowing cash into funds that can make money no matter which way the market is headed.
Large dams run 96 percent over budget on average, according to a University of Oxford study based on projects in 65 countries including Brazil and China.
Bank of England policy makers extended unprecedented stimulus into a sixth year today as they seek to ensure the economy fully recovers from the damage wrought by the financial crisis.
The Masters of the Universe immortalized by Tom Wolfe in his 1987 novel “The Bonfire of the Vanities” are feeling like mere mortals.
India’s 10-year bonds rose, pushing the yield to a one-week low, on optimism demand for existing debt will increase as the government’s annual borrowing program draws to a close.
Egyptian stocks are showing all the signs that investors favor a return to a military-backed rule to end three years of political turmoil and revive an economy stuck in its worst slump in two decades.