World Economy

  • China canceled trade talks with the US and will no longer send Vice-Premier Liu He to Washington next week, the Wall Street Journal reported, citing unidentified people briefed on the matter.

    World-Economy
  • Growth in the eurozone economy lost steam in September as European factories saw diminished demand amid Brexit tremors and the effects of a multi-front Trump trade war, a key survey showed on…

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  • Confidence in Taiwan’s economy edged higher in September after the government said economic growth in the first half of the year was brisker than originally projected, according to a survey by…

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  • The Indonesian government is considering tax incentives for businesses to convert their dollar holdings into rupiah among measures to support its currency, the Straits Times reports, citing an…

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  • Concerns over the economic realities of gig workers have largely focused on more public-facing firms like Uber, Lyft, Taskrabbit and Instacart. A study released Friday by the International Labor…

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  • Chinese officials are shrugging off warnings that the trade spat with the United States could slash the country’s economic growth, with state-run media saying Beijing can “outlast” the tariffs…

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  • Saudi Aramco may have grabbed the biggest headlines, but the oil giant’s delayed initial public offering is just the latest sign of Saudi Arabia’s further slowing privatization push.

    The…

    World-Economy
  • The global economy will continue to expand strongly in the coming years, but trade tensions could hinder investment and slow the pace of expansion, the Organization for Economic Cooperation and…

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  • Christine Lagarde, the managing director of the International Monetary Fund, praised the progress in the economic growth of Georgia after she met with Georgian Prime Minister Mamuka Bakhtadze in…

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  • World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging…

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  • Wells Fargo & Co said on Thursday it would reduce its headcount by about 5% to 10% within the next three years as part of a turnaround plan, Reuters reported. As of June 30, the nation’s…

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  • Polish economy’s all significant macro fundamentals appear quite strong. This positive impression has been affirmed by the macro statistics released this week, which included the industrial…

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  • The International Monetary Fund Thursday said it was ready to help Zimbabwe craft a debt clearance strategy anchored on fundamental economic reforms.

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  • Trade deficit with the United States would worsen in the near term because of decline in the US savings rate caused by tax cuts, said Barry Eichengreen, professor of economics and political…

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  • The French economy eked out meager growth in the second quarter as households saved extra cash gained from a rebound in purchasing power, crimping consumer spending, official data showed on…

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  • Pakistan Prime Minister Imran Khan on Thursday said that the nation will witness change in the first 100 days of the Pakistan Tehreek-e-Insaf government.

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  • There was an air of disappointment among investors after the September 20 announcement of Turkey’s new medium term economic program, or MTP.

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  • The unemployment rate in Argentina increased to 9.6% in the second trimester of 2018, 0.5 points since the beginning of the year, according to the National Institute of Statistics and Census, or…

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  • Japan’s annual core consumer inflation ticked up slightly in August but remained distant from the central bank’s 2% target, suggesting that monetary policy will stay ultra-loose for the time…

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  • Workers in the world's richest countries are getting their biggest pay bump in a decade, a step towards solving a labor market puzzle that's unnerving central bankers.

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  • Former chief of the World Bank Robert Zoellick cautioned China on Sunday about the increasing size of state-owned enterprises, or SOEs, according to a transcript on his talk published by…

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  • Turkey’s lira weakened against the dollar on Monday as investors weighed up the impact of last week’s massive rate hike and turned their attention to this week’s announcement of the government’s…

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  • Amazon is investigating allegations that some of its staff sold confidential customer data to third party companies particularly in China, the online giant confirmed on Sunday, AFP reported.

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  • Britain’s economy will shrink if the country leaves the European Union next year without a Brexit deal and any deal will leave the country financially worse off than staying in, the…

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  • Saudi Arabia's sovereign wealth fund said Monday it had secured its first ever international loan, boosting the kingdom's diversification drive after its flotation of state oil giant Aramco…

    World-Economy