International Economic
Japan to fit-out first aircraft carriers since WWII
Japan will launch its first aircraft carriers since the Second World War as part of a record $242bn defence plan, the nation’s government announced on Tuesday.
China's CNOOC signs deals with western oil majors
China stressed its openness for trade on Tuesday as China National Offshore Oil Corp signed nine oil and gas deals with different firms including Royal Dutch Shell.
Emerging Markets gain favour as global outlook darkens, BofA -ML says
The share of fund managers forecasting a global economic recession dipped last month, according to the results of one of the most widely-followed surveys of sentiment for the group.
US housing starts rise more than expected in November
US housing starts rose more than expected last month, according to data released by the Commerce Department on Tuesday.
China's Xi Jinping offers strong words but no new reforms
Asian markets have tumbled after a much-anticipated speech by Chinese president Xi Jinping failed to deliver.
Credit Suisse advises clients to move assets out of UK - report
Credit Suisse has advised its ultra-wealthy clients to shift their assets out of their UK and should “accelerate plans” to do so before Brexit, according to a report.
German business confidence deteriorates more than expected - Ifo
German business confidence deteriorated more than expected in December, according to a widely-followed survey released on Tuesday.