World Economy

The World Bank predicted that the Egyptian economy will register a growth of 3.9% in the current fiscal year (FY) 2016-2017 ending in June, Yahoo reported. In a previous report issued in January,…

Almost 88% of Ireland’s publicly-quoted companies reported earnings in recent months that either met or beat markets expectations, despite initial fears following the Brexit referendum that some…

The unemployment rate is higher among Mexicans with higher educational level, according to a report issued by the firm Manpower. Those with secondary or university education are almost 47% of the…

Tunisia’s economy will start to regain momentum this year after six years of slow growth, driven by the revival of the vital tourism industry and the return to state phosphate production, Prime…

South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders to swap their debt for equity, meeting a condition that unlocks a $2.6 billion…

Switzerland is not manipulating its currency, Jorg Gasser, the country’s state secretary for international financial matters, told CNBC’s “Street Signs” on Tuesday. That followed Switzerland being…

The net foreign direct investment to Pakistan has increased by 12.4% to $1.6 billion during the first nine months of the current fiscal year, owing to improved confidence of foreign investors,…

The slow and relentless rally in the US bond market has been anything but traditional because no one is waving the white flag over a drastic slowing in the US economy or a collapse in risk assets…

Spain’s consumer price index decreased by seven tenths in March to 2.3% year-on-year, according to figures published by the National Statistics Institute, or INE. This figure is the same as the…

Stronger than expected economic growth in Sweden has shown “the Swedish model can continue to deliver”, the country’s finance minister said as the government upgraded its growth forecasts for the…

Stock markets across Asia ended mostly lower on Monday, as China’s securities regulator urged tighter supervision of listed companies, while geopolitical tensions in South Korea continued to…

President Recep Tayyip Erdogan has built much of his political success on the back of a strong Turkish economy. But GDP and tourism are down and some investors fear Sunday’s referendum win could…

The March consumer price index in US dropped by -0.3%.  That’s unusual and a decline in CPI has not happened since February 2016.  The reason was volatile gas prices but America finally…

Indonesia’s statistics bureau on Monday revised up its figures for exports and imports in February. The bureau said exports from Indonesia were worth $12.62 billion in February, up from the $12.57…

Economic activity in Brazil grew in February at the fastest pace since 2010, central bank data showed on Monday, in the strongest sign yet that Latin America’s largest economy is close to exiting…

The digital economy is on track to contribute 18% to the country’s gross domestic product this year, said Malaysia Digital Economy Corp chief executive officer Yasmin Mahmood. “The target of the…

Centrist French presidential candidate Emmanuel Macron called for a “rebalancing” of Germany’s trade surplus in an interview with French and German media published Monday.

Saudi Arabia’s privatization drive is likely to result in around 100 new stock market listings in sectors including mining, healthcare and retail, a top HSBC executive said on Monday.

If the economic pinch stung last year, the pain will be more this year as the Bank of Uganda says growth will be lower than last year’s.

Almost out of nowhere, Canada has become one of the fastest growing economies in the developed world. The oil-producing nation, which struggled mightily with falling crude prices the past two…

Gold hit a five-month high on Monday as investors took refuge in safe-haven assets in the wake of rising geopolitical tensions over North Korea, Reuters reported. Spot gold was up 0.3% at $1,288.…

Property developers are racing to build up prime land in Moscow’s leafy outskirts with plans that involve razing entire villages and felling acres of forest.

The (Persian) Gulf Cooperation Council states' citizens should brace themselves for an increase in inflation this year. But a rise in MENA inflation bodes well for currencies and import costs,…

Singapore’s on-year export growth beat expectations in March, thanks to a surge in petrochemical and pharmaceutical shipments, a sign the city-state’s trade recovery is widening to non-electronic…

China’s economy accelerated for a second-straight quarter as investment picked up, retail sales rebounded and factory output strengthened amid robust credit growth and further strength in property…