World Economy

Bank of Japan Deputy Governor Hiroshi Nakaso said Japan’s economy still needs massive monetary support given overseas uncertainties and stubbornly weak price growth, shrugging off market…

The Russian economy will be on the positive side of growth even if the price of crude oil falls to $40 per barrel, the Central Bank of Russia said.

China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, people familiar with the matter said, heightening concerns that regulators will tighten…

Japan’s current account surplus hit a 9-year high in 2016, helped by lower costs for imported oil and a recovery in exports that could add to friction with Washington.

Asian investors have deployed £4.6 billion ($5.77 billion) into central London’s commercial property market in 2016, apparently undeterred by the uncertainty that has followed Britain’s decision…

The World Bank says it has earmarked $200 million for repairing Lebanon’s unsafe roads. It said in a statement late Tuesday that the funds will be used to repair around 500 kilometers of roads in…

The Reserve Bank of India announced its sixth bi-monthly monetary policy statement where it left key repo and reverse repo rates unchanged. The repo rate was left unchanged at 6.25% and the…

The French economy will grow 0.3% quarter on quarter at the start of the year, a Bank of France survey showed Wednesday, MarketWatch reported. Growth at 0.3% would extend the steady uptick in the…

China’s foreign currency reserves dropped below the $3 trillion level for the first time in nearly six years, data showed Tuesday, highlighting the challenges faced by Beijing in curbing capital…

With the EU in crisis-fighting mode, the big question for the European economy in 2017 seems to be how much will populist politics put pressure on an already tepid economic outlook.

The number of people living in long-term poverty in the Netherlands has increased despite the economic recovery, the national statistics office CBS said on Wednesday. 

In 2015, there…

The euro is now at a level appropriate to the European economic situation and serves as a lever of sovereignty, European Central Bank Executive Board member Benoit Coeure said Tuesday.

The Hiscox Cyber Readiness Report 2017, published Tuesday, surveyed 3,000 companies across three countries to assess their readiness to deal with cybercrime in terms of strategy, resourcing,…

Turkey’s calendar-adjusted industrial production advanced by 1.3% in December 2016 compared with the figure from the same month in 2015, the Turkish Statistical Institute stated on Wednesday,…

The European Commission has softened its proposal to extend anti-dumping duties on Chinese solar panels to take account of opposition from a majority of EU countries, according to a document seen…

The Reserve Bank of Australia frequently seeks feedback on the health of the economy. It might want to call the debt counselors soon.

Protectionism is the wrong answer to the challenges facing the world, and Germany must fight to safeguard free trade, which guarantees wealth and prosperity for all, the German government,…

Like under the three-clue rule, the national statistics agency ISTAT said Italy’s economy grew for the third consecutive month, forecasting “a continuation of the current economic growth pace.”

A fiscal boost to the United States is more likely in 2018 than this year, according to Goldman Sachs economists, as “the balance of risks is somewhat less positive” one month into the new year…

UniCredit began Italy’s biggest corporate share sale on Monday in an attempt to raise €13 billion ($14 billion) to rebuild the bank’s capital after a balance sheet clean up.

The Chilean economy grew only by 1.5% in 2016, the worst economic record in seven years, the central bank announced, Xinhua reported. In December, the Monthly Index of Economic Activity (Imacec)…

The European Central Bank will not tighten policy to counter surging inflation as the rise is temporary and due almost entirely to rising oil prices, ECB President Mario Draghi said, brushing…

Britain's tax burden is set to rise to its highest level for 30 years under Chancellor Philip Hammond's plans, despite continuing cuts in public services, according to an influential economic…

The Swiss franc’s high value, especially compared to the euro, the most important currency for Swiss exports, continues to have a negative effect on the confederation’s economy, Swiss newspaper…

Introducing fuel stamps would help people struggling to cope with fuel price hikes, trade unionists and economists say.

The General Federation of Oman Trade Unions has urged the government…