World Economy

Jordan’s economy grew 2% in the fourth quarter of 2016 from a year earlier, the central government statistics office said, Nasdaq reported. That was slightly faster than 1.8% growth year-on-year…

The Nikkei Vietnam Manufacturing Purchasing Managers’ Index rose to a 22-month high of 54.6 in March from 54.2 in February, VNA reported. According to a Nikkei’s report released on Monday, the…

The eurozone jobless rate in February fell to its lowest level since May 2009 as a resurgent hiring spree took hold despite uncertainty over Brexit, EU data showed Monday.

The Eurostat…

Prices for shipping containers, the metal boxes that carry 90% of the world's manufactured goods, have risen to their highest since October 2015, a clear indicator that seaborne trade is…

Consumer prices in Indonesia and Thailand grew at a slower pace than economists predicted last month, giving central banks in Southeast Asia’s two biggest economies scope to keep interest rates…

Singapore’s recent unwinding of some property curbs, which initially appeared to boost prospects for developers, may instead be creating new problems.

Portugal and Italy saw their 10-year borrowing costs spike compared to Germany on Monday as the European Central Bank reduced its asset purchases, putting pressure on lower-rated members of the…

Factories across much of Asia posted another month of solid growth in March, rounding off a strong quarter for the world's manufacturers, even as exporters fear a rise in US protectionism could…

Two major lenders in the UAE, the First Gulf Bank and the National Bank of Abu Dhabi, have completed a merger to become the largest bank in the country under the name First Abu Dhabi Bank.

Gold prices were little changed on Monday after marking their best quarter in a year, supported by uninspiring economic data from the United States on Friday, Reuters reported. Spot gold edged…

The global economy is going through significant shifts. The new era the world seems to be entering now is being shaped by a major backlash against globalization.

Argentina’s economic activity grew in January compared with the same month the prior year and the country’s poverty rate fell in the second half of 2016, government data showed, suggesting the…

Japanese inflation and factory output picked up in February while the unemployment rate dipped to a two-decade low, official data showed, a rare string of upbeat news for the world’s No. 3 economy…

New data from the EU statistics agency, Eurostat, show that Croatia is falling behind the rest of the EU by almost all economic indices—while the outlook for 2017 is no better, Balkan Insight…

China is banning new property sales in counties earmarked as part of a new special economic zone in Hebei province, Reuters reported. Government officials alerted developers and agents of the halt…

Consumer confidence in Portugal in March was at its highest level since 2000, according to the latest report on the indicator released by the National Statistics Institute, Portugal News reported…

Kuwait’s trade surplus retreated to an 11-year low of KD4.7 billion ($15.5 billion) in 2016 or 14% of GDP, as oil export earnings remained weak against a backdrop of limited import growth,…

India’s Union Finance Minister Arun Jaitley on Saturday said the economy is expected to grow at 7.2% in 2017-18 and 7.7% in 2018-19 according to International Monetary Fund estimates.

Italy voiced alarm over President Donald Trump’s plans to target imports responsible for the US trade deficit, amid fears products like Vespa scooters could be hit by punitive duties.

Australia Treasurer Scott Morrison says the government remains committed to implementing promised tax cuts for big business despite the senate striking out the relief for larger companies.

Dubai’s trade volume grew a healthy 8.2% in 2016, compared to the previous year, despite a challenging macroeconomic environment which impacted global trade, reflecting the resilience of the…

Unemployment in Germany hit a new record low in March, official data showed, as Europe’s largest economy continues to defy economic uncertainty with a strong performance, AFP reported. The out-of-…

Swiss bank Credit Suisse has been dragged into yet more tax evasion and money laundering investigations, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered…

Eurozone private sector business activity rose at its quickest pace in nearly six years in February, accelerating across all major economies with job creation reaching its fastest in almost a…

US consumer spending barely rose in February amid delays in the payment of income tax refunds, but the biggest annual increase in inflation in nearly five years supported expectations of further…