World Economy

The International Monetary Fund has projected that Nepal’s economy will grow by 5.5% in this fiscal, NewsNow reported. The outlook given by IMF is, however, a full percentage point lower than the…

Russia is expected to sell discounted rights to one of the world’s largest untapped gold deposits this week to a joint venture of miner Polyus and a state conglomerate, industry sources and…

Growth in New Zealand is tipped to remain strong but rate hikes won’t be on the cards until 2018, says HSBC chief economist Paul Bloxham.

Taiwan’s economy is doomed for a slow death unless the government pushes through with reform, a scholar has warned. 

“The economy is facing a major crisis... it’s on the brink of death…

Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian countries to join the trade pact after US President Donald Trump…

Japanese manufacturing activity expanded in January at the fastest pace in almost three years as export orders surged, suggesting that overseas demand is not as weak as some economists and…

Speakers at a government forum held Monday on macroeconomic management and the 2017 budget law said Cambodia’s strong economic growth has been largely unscathed by China’s slowdown, though clouds…

A contested EU-Canada free trade deal cleared a key hurdle on Tuesday as European Union lawmakers defied rising anti-globalization sentiment to back one of Europe’s most ambitious accords, World…

The White House warned China it will “defend” US and international “interests” and that trade must be a “two-way street.”

US President Donald Trump’s promise to pursue policies based on the principle of “America first” is threatening to disrupt the world economy, and the signs were on display last week.

A survey shows that the economy of the 19-country eurozone began 2017 with relatively strong growth.

The so-called purchasing managers’ index, a gauge of activity in the manufacturing and…

The US can learn many lessons from India’s move towards a cashless economy, a top Silicon Valley expert has said while underlining that India “may have leapfrogged” American technology industry…

The proposals to raise taxes for companies and high earners which the left-wing parties have included in their election programs are out of step with current trends and should be ditched, say…

Sri Lanka’s consumer prices as measured by National Consumer Price Index rose at a steady pace of 4.2% in December from the 4.1% reported a month ago, data from the state statistics office showed…

The dollar fell to a 1-1/2 month low on Monday against an index of the world’s other top currencies, after US President Donald Trump struck a protectionist tone in his inauguration speech.

The value of Saudi Arabia’s non-oil exports decreased in November 2016 by 9.1% to SR14.397 billion ($3.84 billion), compared to SR15.842 billion in November 2015. TradeArabia reported. The value…

Malta’s annual rate of inflation as measured by the Retail Price Index went up to 1.06% in December, from 0.68% in November. On a monthly basis, a rate of 0.67% was registered in December 2016, up…

Hong Kong’s composite consumer price index in December rose 1.2% from a year ago against a backdrop of moderate inflation pressure, the Census and Statistics Department said Monday, MarketWatch…

China’s stimulus programs have boosted economic growth, but they’re also creating stability risks, Fitch stated in a report Monday. For the fourth quarter of 2016, China’s gross domestic product…

Globalization is changing and is slowly being replaced by a multipolar world, research by Credit Suisse Research Institute revealed.  

After a record two years of negative inflation, consumer prices in Singapore finally rose in December last year, with headline inflation coming in at 0.2%.

India’s IT industry has warned about the adverse impact that curbs on outsourcing will have on the US economy, which lacks high-skilled workers.

South Korea’s acting president Hwang Kyo-Ahn asked the country’s businesses to aggressively boost investment and innovation to create jobs and lead an economic recovery amid uncertainties inside…

The Asia-Pacific region is at a turning point in its energy trajectory. The energy solutions that have fuelled growth in the region over the past few decades are no longer compatible with the…

Chancellor Angela Merkel’s cabinet is expected to approve a measure on Wednesday to close a tax loophole used by foreign companies operating in Germany, according to legislation drafted by finance…