World Economy

Eurozone’s flash composite Purchasing Managers’ Index for February is expected to be released on Tuesday, Yahoo reported. This latest PMI data will be closely watched as it will be an important…

Foreign investors have received almost 15 trillion won ($13 billion) in dividends from South Korea’s top 10 conglomerates over the past three years on the back of shareholder-friendly policies,…

Spending across the economy has risen for a fourth straight month but has tapered off from the highs seen over the past two months, a survey by Australia’s largest lender shows.

Brexit and Donald Trump’s election as US president signify deep structural issues that cannot be resolved by curbs on migrants, imports or any quick fix. The elephant in the room is falling…

An analysis of major cities that rely on foreign inflows for real estate purchases have shown mixed trends on the fluctuation of the dollar, said a report by property experts.

China’s foreign-exchange reserves falling below $3 trillion doesn’t threaten its sovereign credit rating as the economy still has a healthy buffer, according to S&P Global Ratings.

Global banking regulators meeting in early March are not expected to reach agreement on capital requirements rules to keep lenders stable in a crisis, two people close to the talks said.

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European Central Bank board member Sabine Lautenschlaeger has said the ECB needs to wait to see if inflation stabilizes in its target zone of just under 2% before interest rates can be raised, but…

Egypt said preparations were underway for the launch of the first phase of the new $45 billion Capital City which will boast several key amenities such as a business and finance center, an…

Financial experts in Oman have welcomed the projected growth Oman is expected to see in 2018.

Mongolia has agreed with the International Monetary Fund and other partners for a $5.5 billion economic stabilization package, according to a statement from the IMF on Sunday.

Fitch Ratings affirmed Malta’s long-term foreign and local currency issuer default ratings at ‘A’ with a positive outlook. The issue ratings on Malta’s senior unsecured foreign and local currency…

Singapore’s economy grew at a faster pace in the final three months of last year than initially thought, but the government warned the outlook remained hostage to policy and protectionist risks in…

Economic relations between China and the European Union may have entered a new era. EU officials announced an early international summit in Brussels to forge new trade ties with Beijing amid…

Hong Kong has once again beat key rival Singapore to be ranked the world’s freest economy by a Washington D.C.-based think-tank for the 23rd consecutive year.

British shoppers unexpectedly cut back on their spending in January as last year’s Brexit vote pushed up inflation, official data showed on Friday, the strongest sign to date that the country’s…

Foreign direct investment inflows into India in 2016 calendar year jumped 18% to a record $46.4 billion, at a time when global FDI inflows fell.

Data released by the Department of…

Russia’s economy minister said Friday that authorities expected the ruble to begin weakening soon, but would react if the currency continues to strengthen, Reuters reported.

Peru’s economy grew 3% in the fourth quarter from a year earlier—the slowest quarterly expansion in nearly two years—as shrinking investments offset robust mining activity and natural gas drilling…

Pakistan’s current account deficit sharply widened 90.23% to $4.716 billion in the first seven months of the current fiscal year of 2016/17 on soaring import bills and depleting foreign inflows,…

The current macroeconomic indicators show the resiliency of Nepal’s economy, Nepal Rastra Bank said in a report, RSSNepal reported. Releasing the ‘Current Macroeconomic and Financial Situation (…

Qatar’s fiscal space ought to improve on rebound in oil prices and proposed introduction of value added tax, thus avoiding a dip into reserves, and will also see gradual debt reduction ahead,…

German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this “problem” because monetary policy was set by the…

Mexico has a clear message for US President Donald Trump: “Don’t try tariffs. We’ll retaliate.”

“From Mexico’s point of view, opening tariffs will be a big mistake,” Mexico’s economic…

The World Trade Organization’s latest World Trade Outlook Indicator suggests that global trade growth will continue to build moderately in the first quarter of 2017 after having strengthened in…