World Economy

Malaysia is expected to report exports in October fell for the second month in a row, a Reuters poll showed, due to a higher base of comparison with last year and despite a recovery in commodity…

The Reserve Bank of India monetary policy committee is likely to consider a 25 bps rate cut on Wednesday, followed by another in the first quarter of 2017 amid downside risks to growth following…

The jolt Mario Draghi is set to give the eurozone economy may well be his last, economists say.

The European Central Bank president will announce an extension of asset purchases on Thursday…

For the first time in history, gold supply into the future is under enormous pressure. That warning from Mark Bristow, the CE of London and Johannesburg-listed Randgold, encapsulates the gold…

Scotland’s economy is expected to slow over the next couple of years due to political and economic uncertainty, according to experts.

The EY Scottish Item Club 2017 Forecast predicts output…

The resounding 'No' vote in Italy's constitutional referendum is set to lead to short-term political uncertainty which could complicate efforts to strengthen the country's embattled banking sector…

Japan’s consumer confidence fell for the second successive month in November and to the lowest level in six months, the cabinet office said here Monday, a further sign that the government’s…

Americans should get used to a “new normal” of slow economic growth, business economists say.

Median estimate from economists surveyed by the National Association for Business Economics…

Businesses in Britain’s services sector grew at their fastest pace since January last month, a survey showed on Monday, and the broader economy kept up its momentum in late 2016, even if firms…

Saudi Arabia will fall into recession next year for the first time since 1999, according to a new analysis.

The kingdom’s non-oil sector growth will continue to slow as the government…

Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout program for Greece, AFP reported.…

Protests in Madrid against austerity measures highlighted the public’s anger at their government’s attempts to balance the books, Euronews reported. With orders from Brussels to resolve the…

South Korea should develop a new growth driver to pull the economy out of its low growth trap and catch up with the world’s richest economies, such as the US, according to Tim Condon, chief Asian…

Optimism in Canada’s economic recovery rose this week following the release of better than expected GDP and employment data. But beneath the headlines were signs of deterioration that signal the…

The Swiss government plans to dramatically increase international cooperation on fiscal transparency, sharing private information about clients of the country’s banks.

British companies continued to grow modestly in the three months to November and are expected to keep up that pace into 2017, a survey showed on Sunday, chiming with a resilient picture for the…

Following a hack on its central bank, it would appear that Russia is now short about $31 million, DigitalTrends reported. On Friday, the financial institution announced that a breach resulted in…

Brazil’s stand-in president Michel Temer hasn’t had it easy. In the six months he’s been in office—following the suspension and then impeachment of his predecessor Dilma Rousseff for budget crimes…

Egypt has sharply raised customs duties on more than 300 goods, to 60% for many items, to encourage domestic production and curb a ballooning trade deficit, part of a broader government effort to…

Norway’s minority government reached a budget deal with its two support parties, bringing an end to a political crisis that risked culminating in a confidence vote at a debate in parliament on…

After seeing only marginal growth in the third quarter, business conditions at Asian manufacturers have continued to improve at a modest pace in the fourth quarter. However, there are significant…

India crossed the $300 billion foreign direct investment milestone between April 2000 and September 2016, firmly establishing its credentials as a safe investment destination in the world. …

Turkish President Recap Tayyip Erdogan late Saturday said his political opponents are trying to sabotage the economy by speculating on the stock market, foreign exchange rate and interest rates…

Supporters of globalization need to develop a new way to promote open markets that relies on smaller trade deals and helps people who are feeling left out, International Monetary Fund Managing…

For the first time in decades, Ethiopia’s economy has recorded its slowest growth. According to the BBC, economic growth in the country slowed to 8% in the 2015/2016 fiscal year. Ethiopia’s…