World Economy

A majority of people see no or little improvement in the Thai economy in 2016 when compared to 2015, according to the result of an opinion poll conducted by the National Institute of Development…

The Greek economy is forecast to expand by 2.5% next year–way better than this year’s anticipated 0.1%, Euronews reported. The strong growth outlook comes from Greece’s central bank, which at the…

Sri Lanka has secured $1.34 billion in loans from the World Bank to boost the cash-strapped island’s economy over the next three years, the finance ministry said, AFP reported. The loans would be…

Jeffrey Lacker, one of the Federal Reserve’s most hawkish policy makers, warned that the US central bank may have to raise rates more than three times next year and said he doesn’t know if policy…

Australia’s economy added 39,100 jobs in November, more than double economists’ estimates and led by full-time positions, as a higher participation rate signaled a healthier labor market.

China ended a major annual economic meeting Friday with promises to liberalize investment in state-owned sectors, control real estate speculation and improve the “flexibility” of the yuan’s…

The biggest problem with India suddenly removing 86% of its currency from circulation without having an adequate supply of new notes ready to take their place is that fact that India is more…

Russia’s central bank held its key interest rate steady at 10%, opting to keep inflation in check rather than help jolt the economy out of recession.

Inflation risks have subsided and “our…

Bangladesh’s tea output in 2016 is expected to hit a record 80 million kg from 66 million a year earlier, the commerce minister said, a volume that may be big enough to make imports unnecessary,…

By most accounts, the American economy seems to be humming along very nicely. Unemployment just hit a nine-year low, the stock market this month climbed to all-time highs, and consumer confidence…

One in three people think the UK economy will be doing worse in 12 months time according to research from Kantar Public. The survey of 1,203 adults found that just 16% thought the economy would be…

The sharp decline in investments by oil firms is a significant problem for Norway’s economy, central bank Governor Oeystein Olsen said, Reuters reported. “The fall is significant and a strongly…

Canadians keep the country’s economy afloat by way of robust consumer spending, fueled by low interest rates and hot housing markets in some regions. That’s expected to continue into 2017,…

Monetary economics has not broken down in the eurozone and a gradual recovery from the bloc’s debt crisis will allow interest rates eventually to normalize, European Central Bank governing council…

Oman’s consumer-price inflation stood at 1.85% in November, following a 10.2% rise in prices in the transport basket, according to a recent bulletin released by the National Center for Statistics…

The Ghanaian economy is expected to grow at 7% in 2017 fuelled by improved electricity supply and oil and gas boost, the Economic and Intelligence Unit has said, Pulse reported. The United Kingdom…

Deutsche Bank AG agreed to pay $37 million and admit to misleading customers about its dark pool stock-trading platforms to settle a joint state and federal probe, bringing the bank a step closer…

As British Prime Minister Theresa May returned home from her unsuccessful visit to India, she would bear witness to another relegation for the UK: India’s economy will be larger than the UK’s, for…

Malaysia’s economic stability is better than Singapore’s, says Barisan Nasional. In a statement on Saturday, the ruling party said although Singapore had always done better in gross domestic…

New Zealand’s economy may have extended its steady rate of growth for a fifth straight quarter with buoyant retailing lifting the services sector and construction, making up for a weaker primary…

Protests and looting broke out in parts of Venezuela on Friday due to a lack of cash after the socialist government suddenly pulled the nation's largest banknote from circulation in the midst of a…

Japan launched a fresh effort Friday to overcome a deadlock in a territorial dispute with Russia by announcing bilateral economic deals worth ¥300 billion ($2.5 billion).

The German economy will rebound more strongly than previously expected in the fourth quarter and this growth momentum will carry through into 2017, one of Germany’s leading forecasting groups said…

Economists polled by Singapore’s central bank predict the economy will grow at a slower pace than previously expected, as the export-reliant nation grapples with falling global trade.

Canadian household debt as a share of income hit another record in the third quarter as the pace of borrowing outstripped wage gains, Statistics Canada showed on Wednesday, AAP reported. The ratio…