Some commentators argue that the recent build-up of non-financial corporations’ liquid assets in many countries is impeding business investment. However, the rise in cash balances dates back a couple...

The global manufacturing PMI rose in November as conditions improved in China and the rate of contraction slowed in much of Europe. But the latest reading still points to weak global growth, large...

World GDP recovered a bit in Q3 after a very weak second quarter. Looking forward, growth is set to strengthen a little in China and remain steady in the US. But this should be offset by continued...

The public disagreement between the IMF and euro-zone reveals underlying tensions over whether core euro-zone governments will accept haircuts on their share of Greece’s public debt and concern among...