World Economy

Credit Suisse Group AG may need to find new ways to serve clients who generate as much as $750 million of revenue at its UK subsidiaries after Britain leaves the European Union, Chief Financial…

For more than three decades, Asia has experienced faster economic growth than any other region in the world. As it has developed, Asia has been exporting its savings, through a trade surplus with…

A World Trade Organization agreement to cut red tape and streamline border checks came into force on Wednesday, with expectations of a 0.5% boost to the world economy by 2030, WTO Director General…

Spanish exports of goods in 2016 grew by 1.7% compared to the same period the previous year, reaching a total of €254.53 billion ($267.67 billion), an all-time high. Imports diminished by 0.4% to…

Malaysia’s consumer price index rose 3.2% in January from a year earlier, its highest since February last year, government data showed on Wednesday. Reuters reported. The figure was above the 2.8…

Morocco’s annual consumer price inflation rose to 2.1% in January from 1.8% in December due to higher food and non-food prices, the High Planning Authority said on Wednesday, Reuters reported.…

The European Union is warning Italy that it may face censure for not doing enough to get its debt levels down to prescribed levels. 

In its annual economic analysis of EU countries,…

Singapore’s industrial production in January is expected to have shrunk after a run of strong monthly rises, a Reuters poll showed, though analysts see the electronics sector extending its recent…

Portugal’s public debt rose to 130.5% of gross domestic product last year from 129% in 2015, Bank of Portugal data showed on Tuesday, putting the debt just shy of a record 130.6% registered in…

Hong Kong’s economy grew by just 1.9% in 2016 despite 3.1% growth in the fourth quarter, Financial Secretary Paul Chan Mo-po said in his maiden budget on Wednesday.

Chan attributed the…

President Donald Trump’s sweeping crackdown on undocumented immigrants will strain an already tight US job market, with one study suggesting that removing all of them would cost the economy as…

Malta’s economy remains strong with an appropriate balance between lowering public debt and sustaining economic growth, the International Monetary Fund has said, Maltanews reported.

A proposed merger between three Qatari banks—Masraf Al-Rayan, Barwa Bank and International Bank of Qatar—if successfully completed, would create the largest Islamic bank and second-largest bank in…

Global trade growth continued to be slow for the fifth consecutive year, with 2016 showing the weakest trade performance since the 2008-2009 global financial crisis. According to a new paper,…

European Union finance ministers have agreed new rules to crack down on big multinational companies that are not paying their fair share of tax. The aim is to stop them exploiting different tax…

The almost three-year-old conflict in eastern Ukraine has weighed on efforts to remake the former Soviet economy. But when it comes to investments, it’s not been the biggest drag.

Homes in large German cities are between 15-30% overpriced, the Deutsche Bundesbank said, in a message that is likely to stoke further fears in Europe’s strongest economy about the side-effects of…

Inflation has risen for the first time in the Irish economy in six months. Consumer prices were down 0.5% for the month in January as measured by the consumer price index and 0.3% higher compared…

Economists are expecting an increase in January’s Canadian inflation rate later this week, and for figures to show that retail sales ended 2016 on a mixed note, CBC reported. The report on the…

British Finance Minister Philip Hammond appears to be on track to meet his target of improving the country’s weak public finances this year, potentially giving him a bit of room to ease the…

Algeria’s trade deficit fell sharply to $585 million in January this year, a drop of 68% from the deficit of $1.82 billion recorded in January last year, according to the latest statistics from…

Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to 2017.

The likelihood of more monetary stimulus in Japan is diminishing, according to a Reuters poll of economists who were largely split on the central bank’s next policy move, signaling a possible…

Global stock markets mostly turned higher on Tuesday after surveys pointed to robust economic growth in Europe and Japan, regions that have stagnated in recent years.

The world’s largest mining company, BHP Billiton, has reported a considerable rebound in underlying and operating earnings. The firm noted it had profited from soaring iron ore prices and improved…