Financial Crisis


World shares retreat, Japan higher
Sep 24, 2021

World shares retreat, Japan higher

World markets are mostly lower though Japan's benchmark jumped as it caught up after a holiday



Japan jumps, rest of Asia down, on China and virus concerns
Sep 24, 2021

Japan jumps, rest of Asia down, on China and virus concerns

Japan's benchmark gained but other Asian markets were lower amid concerns over troubled Chinese real estate developer Evergrande and the pandemic


Chinese banks try to calm fears about developer's debts
Sep 24, 2021

Chinese banks try to calm fears about developer's debts

Seeking to dispel fears of financial turmoil, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310 billion in debt


Lebanon raises fuel prices for 2nd time in 5 days
Sep 22, 2021

Lebanon raises fuel prices for 2nd time in 5 days

Lebanon’s new energy ministry says it is raising the price of fuel by 16% percent


Wall Street opens higher a day after biggest drop since May
Sep 21, 2021

Wall Street opens higher a day after biggest drop since May

Stocks are opening modestly higher on Wall Street, making up some of the ground they lost in a sharp pullback a day earlier


Global shares mixed as investors eye China property worries
Sep 21, 2021

Global shares mixed as investors eye China property worries

Global shares are mixed, with European benchmarks and U.S. futures higher after a choppy day of trading in Asia


Asian shares mostly extend losses on China property worries
Sep 21, 2021

Asian shares mostly extend losses on China property worries

Asian shares have mostly fallen, with Tokyo down 2.2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment


Asian shares extend losses as China worries darken sentiment
Sep 21, 2021

Asian shares extend losses as China worries darken sentiment

Asian shares have fallen, with Tokyo down 2%, as worries about heavily indebted Chinese real estate developers weigh on sentiment


WHO director: Lebanon's brain drain threat to health sector
Sep 17, 2021

WHO director: Lebanon's brain drain threat to health sector

The World Health Organization’s director general is deeply concerned about the impact of Lebanon’s economic meltdown and multiple crises on the people’s wellbeing


Lebanese president wants to resume bailout talks with IMF
Sep 13, 2021

Lebanese president wants to resume bailout talks with IMF

Lebanon’s new government has held its first meeting with a call by the president to resume talks with the International Monetary Fund



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.