World Economy

  • Malaysia’s foreign reserves are stable and able to weather the uncertain global economic challenges. Deputy Finance Minister Lee Chee Leong said, as of April 14, the country’s foreign reserve…

    World-Economy
  • Foreign direct investment in Tunisia rose 18% in the first quarter of 2017 compared with a year earlier, government figures showed late Monday, Reuters reported. The figure for that period, from…

    World-Economy
  • Banks in Bulawayo, in Zimbabwe, are reportedly out of bond notes and are now issuing coins to clients. Several clients have been spotted and photographed emerging from banks carrying plastic bags…

    World-Economy
  • Hong Kong’s exports and imports of increased in March at a double-digit rate, continuing the growth of trade from the month before, Yahoo reported. Exports grew by 16.9%, while imports gained by…

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  • Singapore recorded its fourth month of positive inflation last month, with the consumer price index holding steady from February, SBR.com reported. Headline inflation was unchanged at 0.7% year on…

    World-Economy
  • Consumer confidence in South Korea rose by the most since 2013 as data suggested the economy is recovering and the nation began to move on from the impeachment of the president.

    World-Economy
  • Ecommerce competition is heating up globally, with giants Amazon, Apple, Alibaba, Tencent and eBay all vying for bigger stakes in the market. Retail sales are expected to surpass $27 trillion by…

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  • Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade as the former OPEC member seeks to reverse a decline in its crude oil production…

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  • Shares were higher Tuesday in Europe and Asia as the rally driven by the outcome of France’s vote persisted. Hopes for US tax reform and a compromise on the US budget deadline also lifted…

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  • Europe’s political fog may finally start to lift in the coming week, with the French presidential election and the European Union’s summit on Brexit strategy putting the bloc on a new path after…

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  • German Finance Minister Wolfgang Schaeuble is not worried by the prospect of cuts to corporate tax rates in the United States he told German magazine Wirtschaftswoche on the sidelines of the IMF…

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  • Standard & Poor’s reaffirmed its BB-/B credit rating to Jordan, with a “negative” outlook due to a number of domestic and regional factors, Petra News Agency reported. Jordan was placed in the…

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  • Colombia can cut its policy rate toward a more neutral level as inflation data improve, according to the head of the nation’s central bank.

    World-Economy
  • Finland’s economic stewards, used to presenting bad news, are getting positively giddy. The self-described sick-man of Europe is now showing signs of real progress after years of tough budget cuts…

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  • Japan is ready to relaunch the Trans-Pacific Partnership minus the US in a shift of position that could bring the huge trade deal back from the dead. US President Donald Trump dumped it long ago.…

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  • Malta’s business conditions have remained favorable, according to the Central Bank of Malta’s latest Economic Update, with the bank’s Business Conditions Index continuing to signal above normal…

    World-Economy
  • The battle over the repayment of 1MDB bonds may be coming to an end. Malaysia has reached an agreement to pay Abu Dhabi $2.5 billion as partial debt settlement for embattled government fund…

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  • Interest rates and fiscal measures are among the tools Egypt could use to control one of the highest inflation rates among emerging markets, a senior International Monetary Fund official said,…

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  • Mario Draghi may be willing to take a faster route to monetary policy normalization than economists previously thought. While no changes to interest rates or asset purchases are expected at…

    World-Economy
  • The International Monetary Fund directed Nigeria to begin new tax reforms that will enable it improve revenues and wriggle out of the economic crisis triggered by crash in crude oil prices,…

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  • The IMF’s steering committee adopted the position on trade taken by the Group of 20 last month in an effort to accommodate Donald Trump’s administration, which is considering how far to go in…

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  • South Korea’s finance minister pledged to step up policy efforts to help Asia’s fourth-largest economy gather upward momentum in the midst of a global recovery.

    World-Economy
  • Argentina will beat its first-quarter fiscal goal, the treasury minister said, adding that the government slashed more than 10,000 jobs over the last year and a half.

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  • Saudi Arabia’s deputy economy minister said on Saturday the kingdom had reduced its deficit in the first quarter of 2017 by more than half in part because of prudent public spending.

    World-Economy
  • The government-sponsored Industrial Technology Research Institute’s Industrial Economics and Knowledge Center, or IEK, has raised its forecast for growth in production value in Taiwan’s…

    World-Economy