World Economy

Greece and its creditors have come to a compromise after showdown talks over the latest bailout package in Malta, according to reports. It means Athens will be able to receive a second tranche…

President Donald Trump and his Chinese counterpart Xi Jinping wrapped up their first summit by announcing a 100-day plan to improve strained trade ties, the only tangible announcement after their…

Most world stock indexes fell Friday while oil prices rose after the US fired missiles at Syria during President Donald Trump's first meeting with China's president, leaving investors on edge.

French industrial output dropped unexpectedly in February while the trade deficit was close to a record, data showed on Friday, tempering France’s economic outlook at the start of the year after…

Canada added a greater-than-expected 19,400 jobs in March, most of them full-time, while the unemployment rate edged up to 6.7% as more people sought work, Statistics Canada data indicated on…

India’s central bank held interest rates on Thursday, in line with analysts’ expectations, citing inflationary pressures from an imminent tax reform and the possibility of a poor monsoon, AFP…

Mario Draghi made clear on Thursday that the European Central Bank will not tighten monetary policy sooner than planned to address inflationary pressure.

“We have not yet seen sufficient…

Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank said Thursday, but it warned of uncertainties from the United States and Europe.

The Bank of Japan’s unprecedented monetary easing operation under Governor Haruhiko Kuroda has entered its fifth year. Its target of 2% annual inflation, which the central bank was initially…

Two and a half years after the downturn in global oil prices, from $108 to $30 per barrel, the Algerian economy is still struggling to recover from the impact, muftah.org reported. Immediately…

Eurozone finance ministers raced to reach a reform deal with Greece on Friday in an effort to release billions in bailout cash and avert further damage to a stalling Greek economy.

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The worst effects of the liquidity crunch that hit the Saudi banking sector in 2016 have passed, following a drive by authorities to inject and support system liquidity, according to Fitch Ratings…

Now is the best time to invest in the economies of the Association of Southeast Asian Nations with the sub-region expected to collectively become a strong driver of global growth in the next…

Two of Wall Street’s most influential CEOs—Larry Fink and Jamie Dimon—are raising warning flags over the nation’s economy.

Global mergers and acquisitions (M&A) had a mixed first quarter with a slide in the number of deals announced but a rise in the overall value of deal-making activity, according to a report…

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 robust foreign demand that is assuaging…

Morocco’s economy grew by 4.3% in the first quarter of this year compared with 1.7% in the same period a year earlier, the high commission for planning said on Thursday, Xinhua reported. The…

The Scottish government is “out of touch” and must withdraw the threat of a second independence referendum, critics have said after figures showed the economy shrank in the last quarter of 2016.…

Singapore contractors’ cash flows continued to deteriorate in the first quarter, with the small guys hurting the most in the economy’s worst-performing sector.

Slow payments by the…

The International Monetary Fund has said that Pakistan may not be able to achieve its economic growth targets set for the current fiscal year, APP reported. The statement came after IMF…

Cyprus wants investors to see it as a comeback kid. With an accelerating economy, the island nation that was forced to seek a bailout and impose a levy on bank deposits in 2013 is betting on an…

Chile’s economic activity in February slid 1.3% from a year ago, the central bank said Wednesday, its worst performance since the 2009 financial crisis, largely due to a strike at a major copper…

Standard & Poor’s raised Argentina’s credit rating one notch Tuesday, from B- to B, saying Latin America’s third-largest economy was on the verge of exiting recession, AFP reported. The rating…

A council of academic advisers to Germany’s economy ministry has identified grave risks for the European financial system in the European Central Bank’s zero-interest rate policy, in a new report…

A retrenchment in foreign investment in China, combined with the country’s rising appetite for western assets, has led to a radical reshaping of global financial flows.