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UK risks Brexit paralysis and possibly no Brexit at all - foreign ministerBritish lawmakers, who look set to reject Prime Minister Theresa May's Brexit deal next week, are risking paralysis and Britain potentially not leaving the EU, Britain's foreign minister warned on Friday. Britain, the world's fifth largest economy, is due to leave the globe's biggest
Source: YahooSG - 🏆 3. / 71 Read more »
Europe: Shares in reverse after shock China data; luxury stocks fall[LONDON] China's surprisingly weak trade data brought a four-day rally in European shares to a halt on Monday, with luxury goods and technology stocks leading the drop as investors fretted about slowing global growth and weaker-than-expected earnings. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
No-deal Brexit expected to hurt growth in Europe and beyondThe British people will see their economy set back by nearly a decade. In the European Union, the economy will shrink by 1.5 per cent over the next decade. As for global gross domestic product (GDP) growth, already beset by a faltering Chinese economy and a protectionist US government, this will wind back to its slowest pace since 2009.. Read more at straitstimes.com. Indeed EU has to fear nodeal Brexit more than UK. Too arrogant. German style.
Source: The Straits Times - 🏆 8. / 63 Read more »
World stocks ride out May's Brexit defeat, pound steadiesAsian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »