World Economy

Growth in Ireland’s services sector slowed to an 11-month low in October following a sharp fall in expectations about future business, RTE reported. The Investec Services Purchasing Managers’…

Canada’s economy pumped out 35,000 new jobs in October nearly twice as many as economists were forecasting, Statistics Canada reported Friday, RCINet reported. The agency said the employment…

Spain’s new-car sales increased 14% in October even as tensions over Catalonia’s bid to gain independence created an uncertain business environment, Europe.autonews reported. Registrations rose…

Malaysia’s September exports rose 14.8% from a year earlier, slowing in pace for the second month in a row, despite strong demand for manufactured goods in China and Europe.

Export…

Now that the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy…

Turkey’s consumer price index rose by 2.08% in October, bringing the annual inflation to 11.9%, the Turkish Statistical Institute, TurkStat, announced Friday, Anadolu Agency reported. Since the…

Private sector activity in Kenya dropped to a record low in October as prolonged political instability exerted a heavy toll on the economy, survey data showed on Friday.

The Markit…

The fanfare surrounding the US House GOP tax plan on Thursday masked a brewing storm in the other chamber.

Crisis-hit Venezuela, seen by many investors on the threshold of default, will try to restructure its debt after its oil company makes a scheduled $1.2 billion payment, according to President…

Wall Street stock analysts are about to find themselves on the chopping block, and only the best will survive. That was the hard truth Mary Erdoes had for a room full of analysts Thursday at the…

A measure of US factory activity retreated from a 13-1/2-year high in October as the boost from hurricane-related supply disruptions faded, but continued to point to strengthening manufacturing…

Although quite selective, targeted, edited and carefully managed, last year’s Panama Papers highlighted some problems associated with illicit financial flows, such as tax evasion and avoidance.…

It is rather reassuring to know that steel industry has been faring better in the past six months as the short range outlook for global steel demand in 2017 that was placed at 1,535.2 metric…

Republicans in the US House of Representatives will delay the release of long-awaited tax legislation by one day until Thursday, the head of the chamber’s tax-writing panel said late on Tuesday…

Saudi Arabia will have to engineer a 34% increase in average oil prices next year if it is to balance its budget and avoid falling back on its dwindling foreign currency reserves, International…

Nissan’s passenger car sales plummeted more than 55% in Japan last month, data showed Wednesday, after the company suspended all domestic production due to an inspection scandal, AFP reported.…

Two thousand unemployed people in Finland are part of an experiment that could shape the future of the West. For the next two years, the government will give them the equivalent of $660 a month—…

Standard Chartered Plc. reported Wednesday that its third-quarter profit before tax more than doubled to $774 million from $317 million last year, RTTNews reported. Underlying profit before tax…

The head of a Kenyan business association says his compatriots are tired and companies have suffered big losses because of the country’s election turmoil, Foxnews reported.

Moody’s Investors Service upgraded its outlook for Vietnam’s banking system to positive for the next 12-18 months from stable, reflecting the country’s strong economic prospects and the positive…

Philippines Financial System Stability Committee has recorded stable economic conditions up to the third quarter this year, but it has also recorded negative perception of the people’s…

China needs to further address the problem of reliance on debt, which is still a big challenge amid the country’s current restructuring and rebalancing of economy, experts say.

Gold inched higher on Wednesday as market participants awaited a statement from the US Federal Reserve for hints on the central bank’s monetary policy stance following its two-day meeting.…

One of Britain's leading economic think tanks has reduced its forecast for economic growth and called on the chancellor to relax fiscal austerity where possible in next month's budget.

Upbeat earnings reports helped drive global stock markets to record highs on Wednesday, as investors turned their focus to a US Federal Reserve meeting for fresh insight on the outlook for…