World Economy

Borrowing by small US firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed.

The Thomson Reuters/PayNet Small…

Effective governance and improved fiscal management are essential to sustaining robust economic growth and improving its quality, the United Nations Economic and Social Commission for Asia and the…

South Korean exports rose at a much faster-than-expected pace in April, surging for a sixth straight month helped by robust demand for high-tech memory chips and adding confirmation to perceptions…

The downtrend in the unemployment rate in the Philippines signifies the robustness of the local economy driven by private consumption, global financial services firm Nomura said, Business Mirror…

On a monthly basis YouDo.com registers more than 40,000 self-employed people looking for work or just extra earnings in Moscow and St. Petersburg alone.

The Dutch trade surplus with the rest of the world rose to €52 billion ($56.67 billion) in 2016, with transshipments accounting for €20 billion of the total, national statistics agency CBS said on…

The Chinese continue to pour money into Australian businesses, infrastructure, resources and real estate to the tune of $15.36 billion in 2016. The figure is the highest it’s been since 2008 when…

This is a busy time for major central banks. The Bank of Japan and European Central Bank met last week, the Reserve Bank of Australia and the Federal Reserve meet this week, and the Bank of…

German Finance Minister Wolfgang Schaeuble is eyeing a compromise with the International Monetary Fund over Greek debt relief ahead of federal elections in September, Die Welt newspaper reported…

Canadian economic growth took a pause in February after the break-neck pace seen at the start the year. Statistics Canada said gross domestic product was unchanged in February, matching the…

Qatar’s exports of goods in March 2017 recorded a double-digit growth (year-on-year) compared to March 2016 as a result of higher exports of petroleum gases and other gaseous hydrocarbons.

Growth in China’s manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers’ efforts to reduce financial…

The importance of tackling inequality in Africa cannot be overstated. Inequality is undermining growth and threatens to reverse the gains that have been made in the fight against poverty. Four of…

Third-largest economy in the world by nominal GDP, Japan, has come up with its inflation data for the month of March. The core consumer prices in the country inched up in the month of March, still…

The growth of economic liquidity or money supply in the broader sense (M2) increased in March 2017. M2 position was recorded at Rp5,017.0 trillion ($376 billion), grew 10% year-on-year and growth…

Commercial lenders in South Korea have raised interest rates for household lending, weighing on household debt, the central bank’s data showed Sunday.

Fresh household loans with rates lower…

The Turkish business world is expecting stronger economic ties, more direct investments and solutions to existing problems from Turkish President Recep Tayyip Erdogan’s visit to India on Sunday…

South African President Jacob Zuma has signed the anti-money laundering bill FICA, which allows increased scrutiny of the bank accounts of “prominent individuals,” including himself, into law, his…

The global economy as well as Singapore faces an improving but mixed outlook, said Prime Minister Lee Hsien Loong in his 2017 May Day message. Even while an upswing is happening in America, Europe…

For most economists the key factor that sets the foundation for healthy economic fundamentals is a stable price level as depicted by the consumer price index.

A sudden collapse of loss-making national airline Alitalia would be a great shock for Italy’s economy, Industry Minister Carlo Calenda said on Sunday.

Fitch international rating agency has lowered the forecast of GDP growth in Ukraine in 2017 from 2.5% to 2%, Ukrainian News reported. “Ukraine’s GDP grew by 2.3% in 2016, which exceeded…

Two major credit rating agencies, Moody’s and Standard & Poor’s, affirmed Vietnam’s sovereign rating, citing the country’s strong foreign direct investment inflows, macroeconomic and external…

Scottish business confidence grew in the first quarter of 2017, ending an almost two-year decline, according to research by the Federation of Small Businesses, MachineryMarket reported. However,…

Tunisia’s tax revenues in the first quarter of 2017, edged up by 15%, compared with a decline during the same period in 2016, said Finance Minister Lamia Zribi, Albawaba reported.