Never pick a fight with a central bank. The only one who gets hurt is you. Unless, of course, you are another central bank. Central banks routinely intervene in the markets to influence the prices of assets, commodities and currencies.
Political unrest in China is the greatest threat to the world economy, the founder of WPP said yesterday. Listing worries that have sapped confidence from global investors, Sir Martin Sorrell, boss of the advertising giant, said he had never seen a time with 'so ...
BEIJING (Reuters) - China's factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country's growth outlook is hazy at best.
THE owner of British Airways has stepped up pressure on its European rivals by forecasting it will make bigger than expected profits this year.
Britain is being hailed as the �self-employment capital� of Europe, giving people who work for themselves plenty to celebrate.