World Economy

Consumer confidence rose in the third quarter to its strongest level in six years, a gauge by market researcher Nielsen shows Monday, according to Hungarian news agency MTI. Nielsen?s consumer…

Egypt’s trade deficit was down 3.1% in August compared to the same month last year, reaching EGP 37.8 billion ($2.45 billion), the state’s statistics body CAPMAS said in a Monday statement, Al…

Giorgio Alleva, the head of national statistics agency Istat, said Monday that initial data suggests the Italian economy grew in the third quarter of 2016 with respect to the previous three months…

Indonesia’s economy grew in line with economists’ forecasts in the third quarter as President Joko Widodo seeks to spur the nation onto a higher growth path.

Gross domestic product…

Global banks are quietly building up their investment banking teams in Frankfurt as the German deals market hots up, boosting the city's chances of being one of the financial centers to benefit…

Finance Minister nominee Yim Jong-yong held an emergency meeting Monday and announced that the government will heighten its monitoring of financial markets, including foreign exchange transactions…

Liquidity in Saudi Arabian financial markets is improving owing to government initiatives such as the successful foray into international bond market, a report said.

As Greek banks struggle to clean up their balance sheets of bad loans, investors have been left pondering another uncertainty: Who will lead the country’s biggest lenders?

HSBC reported a worse-than-expected 86% fall in pre-tax profit for the third quarter, as it accounted for the $1.7 billion in loss resulting from the sale of its Brazilian unit and adverse foreign…

Nearly half of small and medium-sized enterprises worldwide cite higher interest rates as the top concern.

This year a significant new challenge has emerged for SMEs to grapple with–access…

Under the Bank of Japan’s latest monetary policy framework, set at its September policy board meeting, “due attention should be paid to the impact of the negative interest rate policy on financial…

The European Central Bank’s exceptionally loose monetary policy remains appropriate, a large majority of academics said in a survey on Monday, countering German experts’ dim view of the ECB’s…

SoftBank Group Corp. reported better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement.

For a half decade after 2007, writing or speaking about the Irish economy was a grim task; it was always to be the bearer of bad news.

From 2012, however, things were different. The…

Australia could be stripped of its top credit score by S&P Global Ratings as early as next month if the government’s interim budget review shows further deterioration, according to BlackRock…

Investments in Brazil fell by 10.6% in September compared to the same period of the previous year and thus accumulated three consecutive months of regression, the Institute of Applied Economic…

Increased political uncertainty, a fall in tourism, and high levels of corporate debt are taking their toll on Turkey’s economy, where growth is expected to fall to 2.9% this year, the…

India improved its ranking by one spot in a global index of business optimism, with policy reforms and goods and services tax expected to become a reality soon, says a survey, PTI reported.…

Africa’s economic outlook is worsening because of poor political and financial governance. This exacerbates the effects of lower commodity prices and an unfavorable global economic environment.

Discussions around large current account imbalances among systemically relevant economies as a threat to the stability of the global economy faded out in the aftermath of the global financial…

France is on a “path of growth”, President Francois Hollande said after economists announced that third quarter growth was 0.2%. Although weaker than hoped, the trend was at least upwards after a…

Without a doubt the BRIC countries (Brazil, Russia, India and China)–four of the world’s largest emerging economies—have massive economic and investment potential, especially within the technology…

Foreign direct investment into India grew by over 30% to $21.62 billion during the first half of 2016-17, PTI reported. During April-September of 2015-16, India received FDI worth $16.63 billion,…

The International Monetary Fund Managing Director Christine Lagarde said that over the last three years Pakistan has set the stage for a deeper structural transformation to achieve higher and more…

The South Korean economy’s recovery momentum is weakening in the face of still sluggish exports and domestic demand, a state-run think tank said Sunday.