World Economy

Gold inched lower on Monday as investors remained cautious ahead of policy meetings of three major central banks, while keeping an eye on the appointment of the next US Federal Reserve chair.…

Indonesia’s finance minister said Southeast Asia’s biggest economy could expand at a faster pace next year than initially forecast.

It’s going to take more than the biggest stock slump in world history to convince analysts that PetroChina Co. has finally hit bottom. Ten years after PetroChina peaked on its first day of…

Spain notched up vigorous growth in the third quarter, prior to the current Catalan crisis, official data showed on Monday.

Spain’s gross domestic product expanded by 0.8% in the period…

Economic growth is expected to rise to 3.4% in sub-Saharan Africa next year from 2.6% in 2017, the IMF said in a report on Monday, but warned that rising debt and political risks in larger…

Multiple signs are surfacing that the South Korean economy is on a path for recovery, but the question still remains: Is the economy really getting better so that the general public can feel the…

The Bank of England is set to raise interest rates for the first time in a decade to combat rising inflation, according to economists. They believe that members of the Bank’s Monetary Policy…

The International Monetary Fund urged Croatia to accelerate the pace of structural reforms to improve competitiveness and mid-term growth prospects. “There is a need for more ambition in reforms…

The moribund inflation seen in the world’s largest economy over the last year is a “mystery”, a “surprise” and a “concern” all at once, in the words of US central bank chief Janet Yellen, AFP…

Qatar’s central bank is easing its banking rules for expatriates, as it grapples with a regional economic boycott about to enter its sixth month. The regulator ordered lenders to allow foreign…

Standard & Poor’s upgraded Italy’s sovereign debt to “BBB/A-2” with a stable outlook, the credit ratings agency has said in a statement. The agency cited rising private sector investment and…

The 6,000 job cuts announced last week at Nordea Bank AB are just a down payment for an industry facing radical overhaul, says Chief Executive Officer Casper von Koskull.

“If somebody…

The success story of the East Asian economy was about the connection between trade and industrialization—look at the cases of Japan, South Korea, China, Taiwan and Singapore.

Scotland’s economy is “fundamentally strong” and ready to meet the challenges of Brexit, the economy secretary has said.

Singapore’s economic recovery is gathering pace due in part to a sustained increase in global electronics demand, the Monetary Authority of Singapore, or the country’s central bank, said Sunday…

Pakistan has attracted over $16 billion in foreign direct investment despite a downturn in the world economy, said Federal Interior Minister Ahsan Iqbal, without divulging details of the breakup…

Germany could post a budget surplus of €14 billion ($16.25 billion) in 2017, a magazine reported Saturday, providing more negotiating room for Chancellor Angela Merkel’s conservative bloc as it…

The World Bank has warned that unless countries across the globe address issues relating to borrowing, the world could be heading for another financial crisis.

China’s household and public sector debt levels are still moderate, with corporate debt standing relatively high. But the central government is tackling the issue by addressing leverage, an…

Corporate India’s mergers and acquisitions deal tally took a 63.4% hit in the July-September quarter of this year, largely because of a “flagging economy” that has led to the decline, says a…

Until recently, Uzbekistan had to face issues concerning currency convertibility, however, this is about to change as the reforms are announced to liberalize the foreign exchange markets, news…

Thousands of Bulgarian workers rallied in Sofia, demanding a fairer share of benefits as the economy of the European Union’s poorest country motors on and slowly closes the wealth gap to its…

There is a negative wave throughout the globe that affects Turkey but investors continue to trust in the country’s economy, Mehmet Simsek, deputy prime minister in charge of economy, said,…

From a slugging economic growth, job losses and rising concerns of food shortages and high costs, the administration of President Uhuru Kenyatta’s second term will have its plate full as he…

As if Republicans didn’t face enough hurdles in their sprint to cut taxes, here’s another one: $1 trillion annual deficits are rushing back to Washington.