Market

IMF Expects Global Public Debt to Exceed $100 Trillion

The global total public debt is set to exceed USD 100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International M…

European Stocks Close at Two-week High

European stocks closed at their highest level in two weeks at the end of Monday’s trading.

The pan-European Stoxx 600 index ended trading up 0.48 percent, led by technology, defense and utilities stocks, which rose more than 1.2 percent each.

The Fr…

Dollar Holds Gains amid Focus on China’s Stimulus Plans

The dollar held onto its gains and even extended some in Asian trading on Monday as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention.

The dollar index was just ab…