World Economy

A number of port development projects across Africa may be pointing to a positive outlook for capacity expansion in the region, but the myriads of uncertainties in economic growth become a…

Prime Minister Narendra Modi has made it easier to do business in India, according to the World Bank, which showed the country moving up 30 places from last year’s ranking, Bloomberg reported.…

Turkey’s exports in the first three quarters of 2017 amounted to around $115 billion—a 10.5% rise compared with the same period in 2016, Turkish Statistical Institute (TurkStat) announced…

International rating agency Standard and Poor’s maintained a stable outlook for Pakistan’s economy, negating the expected fears of a downgrade, IANS reported. In its annual report released on…

Mexico’s public sector ran a fiscal deficit of 42.185 billion  pesos ($2.19 billion) in September, as the nation was hit by two deadly quakes during the month, the finance ministry said…

Taiwan posted unexpectedly strong economic growth in the third quarter—its fastest in 2-1/2 years, boosted by tech exports that will likely sustain momentum over the coming quarters.

Japan's industrial output fell less than expected in September and companies expect output to rise in October—keeping the economy on an expansion path.

Labor demand remained at the…

New Zealand will ban foreigners from buying existing homes, joining a growing list of nations trying to make property more affordable for their citizens.

Irish households are more positive about the economy and the outlook for unemployment this month, according to Bank of Ireland’s latest Economic Pulse survey. The Consumer Pulse stood at 97.3 in…

Consumer confidence in Britain has fallen to levels last seen in the immediate aftermath of the Brexit vote in June 2016, with expectations of UK economic growth deteriorating.

The French economy expanded at its fastest pace since 2011 in the third quarter, boosted by acceleration in consumer spending and robust investment, official data showed on Tuesday.

The…

Unemployment remained at 27.7% in the September quarter, Statistics South Africa reported on Tuesday. This marked a deterioration from the 27.1% from the same quarter in 2016,BusinessLive…

Australia’s economy is under-performing compared to its developed markets peers, according to the International Monetary Fund. As part of its World Economic Outlook report for October 2017, the…

Middle East oil producers are bracing for continued pressure from lower oil prices, with the International Monetary Fund projecting cumulative budget deficits of $320 billion over the next five…

South Korea’s chief policy adviser on Tuesday said he sees the economy growing more than 3% this year and again in 2018. “Economic growth is likely to exceed 3% this year, and I see this to be…

US withdrawal from the North American Free Trade Agreement would lead to even slower growth for Mexico’s economy, credit rating agency Fitch said late Monday.

Eurozone economic confidence surged to its highest in almost 17 years, reflecting an improved outlook for a region that not long ago was blighted by record joblessness and a double-dip recession…

The federal government has released its fall economic statement and the news is positive: Canadian economic growth has accelerated sharply, growth is becoming more balanced across sectors and…

HSBC Holdings Plc reported a third consecutive quarterly increase in revenue as it boosted income in its three main businesses, a sign that six years of retrenchment and restructuring are over,…

The consumer price index in October rose 0.41% from the previous month and 2.98% year-on-year, according to the Vietnam General Statistics Office, VNA reported. That meant the average CPI for…

The US stock market has a cash problem. As in, investors are running out of it, and the shortage could threaten the 8 1/2-year equity bull market. It’s a new reality facing investors of all…

World stocks hit a new record high on Monday, boosted by strong global technology stocks, while European trading was lifted by a recovery in Spanish markets after a poll eased investors'…

Jordan’s high and rising public debt has worried the International Monetary Fund and prompted a downgrade from Standard & Poor’s.

So the government is planning a range of austerity…

Thailand’s Finance Ministry on Monday raised its economic growth forecast for this year to 3.8% from 3.6%, and upgraded its estimate for export gains, a senior official said.

Different interest groups gave US President Donald Trump’s proposal of a tax overhaul a growing opposition on Sunday, while Republicans were paving ways to unveil a legislation that could lead…