World Economy

Japan’s exports grew 14% over a year earlier in October on strong demand for vehicles, electronics and machinery. However, customs data released Monday showed even faster growth in imports of…

Jordan’s economy which has been straddled with mounting debt and the burden of caring for the influx of refugees from the conflict in neighboring Syria since 2011, will see a moderate…

South Korea’s growing household debt and geopolitical risks are two major systemic risks facing the country’s financial system, a survey showed Monday.

Household debt topped the list of…

The International Monetary Fund says any pickup in Australian economic growth is likely to be “modest” and has dimmed hopes for stronger wage growth.

The IMF’s preliminary annual report…

There has been no big outflow of money from Saudi Arabia as a result of the anti-corruption crackdown that was announced two weeks ago, Saudi central bank governor, Ahmed al-Kholifey,  has…

An International Monetary Fund mission said that Russia’s economic growth is anticipated to reach a 2% mark this year, Vestnik reported. “A cyclical recovery in Russia is gaining pace after a…

Thailand posted third-quarter economic data that shows it is on a firmer recovery track, after years of sluggishness, though economists say it needs higher private investment and government…

Singapore’s domestic wholesale trade expanded by 11.3% in the September quarter, compared with the same period a year ago, slowing from growth of 18.5% in the second quarter and 23.5% in the…

Nearly 10 years after the financial crisis brought the global economy to its knees, conditions have finally improved enough and can clearly be said that synchronized global growth is currently…

Negotiations in Mexico to update NAFTA have not made much progress on tough US demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility,…

The US economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year,…

Fitch Ratings has confirmed Tunisia’s long-term foreign currency default issuer ratings at “B+” with stable outlook, according to an agency press release Friday night, TAP reported.

Kuwait will need $100 billion of additional financing over the next five years as mandated contributions to its Future Generations Fund leave a fiscal deficit, according to the International…

Supporters of a free trade pact between the EU and the Mercosur states in South America, under negotiation for nearly 20 years, are seeking to swim against the current and secure a deal by the…

China on Saturday announced a pilot program to help pension schemes meet growing pressure from an ageing society by transferring shares of state-owned firms to social security funds, AFP…

The EU is trying to present itself as more socially just, calling for fair pay and fair jobs for all. How exactly that will happen, however, remained unclear at a summit in Sweden.

Singapore’s economic growth could exceed 3% in 2017, higher than previous forecasts of 2 to 3%. Prime Minister Lee Hsien Loong said this on Sunday at the People’s Action Party’s convention held…

Continuing to increase its exposure, India’s holdings of American government securities touched $145.1 billion at the end of September, official data showed.

Remaining the 11th largest…

They have revolutionized the way people live, but are US tech giants the new robber barons of the 21st century, banking billions in profit while short-changing the public by paying only a…

Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going…

Egypt’s economy grew at its fastest pace in 7 years during the fourth quarter of the 2016/2017 financial year, its central bank said in a recent report, Mena reported.

Labor unions have reacted angrily to layoff plans unveiled by the management of the German conglomerate, which aims to cut costs in its energy business to adjust to the disruption sweeping…

The International Monetary Fund on Friday forecast an economic rebound in Myanmar this year, but said the Rohingya refugee crisis may dampen investment as the country faces international…

Large companies account for only a small number of the total number of businesses in Ireland but employ almost a third of the population, a new study finds.

The Business in Ireland 2015…

The eurozone economy remains dependent on cheap credit and the European Central Bank is using the extension of its massive bond buys to push out any expectation for a rise in borrowing costs,…