World Economy

German industrial output surged in February and the trade balance swelled as the engine room of Europe’s largest economy fired on all cylinders to satisfy demand at home and abroad, assuaging…

As production activities became increasingly fragmented and relocated across borders, a number of observers started to use the expression “global value chain”—a term that is often used without…

Japan’s composite index of coincident economic indicators rose for the first time in three months in February, suggesting that the economy has extended its current phase of recovery to 51 months,…

Ecuador’s economy grew 1.5% year-on-year in the last quarter of 2016, buoyed by a dynamic refining sector which allowed the oil-producing country to emerge from an economic recession, outgoing…

Financial inflows to Lebanon in 2017 could jump by 20% thanks to the positive political and economic conditions, Bank Audi said, Albawaba reported.

Due to the intra-regional trade and remittance ties between Nigeria and neighboring countries, the economies of the Chad and Niger have been significantly affected by the economic downturn in…

Kenya purchasing managers’ Index survey data indicating a contraction of business activity raise concerns about the impact of recent bank lending regulations, Seeking Alpha reported. Last…

Europe should follow its own rules when it looks at the rescue of Italian banks, European Central Bank Executive Board member Yves Mersch said.

China's economy is likely to remain solid in the first quarter of this year, growing 6.8% from a year earlier, Goldman Sachs forecast.

The bank said in a research report that purchasing…

Despite keeping their stand firm regarding two more interest rate hikes, officials from the Federal Reserve did note and emphasize a weakness in the US economy’s current growth rate based on “hard…

Greece will implement additional austerity measures agreed with its official creditors on condition of further debt relief that will enable the country to be included in the ECB’s bond buying…

European Union finance ministers admitted on Saturday that the world's 20 biggest economies,  or Group of 20, will miss their target of generating additional economic growth through reforms…

America First may be a main policy of the White House and fuel to the stock market rally but US investors are looking overseas for stronger earnings as S&P 500 companies are set to report…

Fitch Ratings has reaffirmed its ‘A-’ rating on Malaysia’s long term foreign currency and local currency international default rating with a ‘stable’ outlook, citing the country’s promising…

Swedish central bank’s ultra-loose monetary policy has been positive for the Swedish economy, central bank deputy governor, Henry Ohlsson, said late Friday, Reuters reported. “Without the…

India’s Internet economy is expected to double to $250 billion, according to a report by BCG-TiE released late Friday, PTI reported.

While overall poverty rates have dropped, Costa Rica’s income inequality has been on the rise. While Costa Rica has enjoyed a stable and growing economy in recent years and was ranked as 2016’s…

The Italian government will confirm an economic growth forecast of 1% for 2017, in a multi-year fiscal plan due to be presented next week, Junior Economy Minister Enrico Morando said on Saturday…

Norway’s sovereign wealth fund, the world’s largest, on Friday called for a cap on executive pay and fiscal transparency at the companies in which it invests, further buffing its reputation as an…

Most business expectations indicators remained optimistic in Peru in the third month of the year, the Central Reserve Bank’s latest Survey on Macroeconomic Expectations revealed, Peru news agency…

South Africans should begin to talk about how to rebuild their economy now that credit rating agency Fitch has also issued a junk status downgrade.

That’s according to civil society…

The Brazilian government on Friday widened its 2018 fiscal deficit target to 129 billion reais (about $41 billion) from 79 billion reais, highlighting the challenges President Michel Temer faces…

Indonesia’s foreign-exchange reserves increased by $1.9 billion in March thanks to proceeds from tax collection, state revenue from the oil and gas sector, the issuance of global bonds and the…

Gold rose more than 1% on Friday to hit a 5-month high as investors sought safe-haven assets after the United States launched cruise missiles against a Syrian air base, potentially escalating…

Reserve Bank of Australia Governor Phil Lowe has warned Australian banks have been issuing too many loans “where the borrower has the skinniest of income buffers”, in a speech that highlighted…