World Economy

Japan’s economy likely expanded for a third straight quarter in July-September, a Reuters poll showed on Friday, but weak private consumption and lackluster company capital spending suggest growth…

The Bank of England scrapped its plan to cut interest rates, which it said could now move up or down, and raised its forecasts for 2017 growth and inflation sharply due to the slide in sterling…

Africa’s many small and under-capitalized banks, laden with bad debt, are inflicting more pain on already embattled economies.

Regulators may have no choice but to force lenders to…

Business activity in Egypt hit its lowest level in more than three years in October, shrinking for a 13th month amid a foreign currency shortage, the pound’s weakness in the black market and…

With financial markets anticipating a rate hike before the end of the year, the Federal Reserve late Wednesday held interest rates steady again, while continuing to acknowledge that the case for a…

Saudi Arabia has avoided an economic crisis due to low oil prices this year but the outlook for state finances and growth will remain murky for many months to come, businessmen and analysts in the…

German firms are closely tied to Asia and are making good money in the region’s fast-growing economies. This year’s Asia-Pacific Conference of German Business is taking place in Hong Kong.

Business activity in the eurozone during October was not as robust as first thought, a survey showed on Friday, adding to signs the bloc’s recovery remains on track but is struggling to gain…

UK inflation is set to quadruple to about 4% in the second half of 2017, according to a think tank estimate.

The rise in prices will “accelerate rapidly” during next year due to the fall in…

The latest survey of business prospects by the Confederation of Finnish Industries EK indicates that companies do not expect any fundamental changes in economic conditions in the country over the…

With voters set to choose a new president and Congress in six days, the Federal Reserve will likely keep a low profile when it ends a meeting Wednesday to try to ensure it doesn’t become part of…

S&P Global Ratings on Wednesday has retained India’s ratings at ‘BBB-’ with a stable outlook and ruled out any upgrade in two years citing weak public finances, Zeebiz reported. “We are…

Singapore’s manufacturing sector stayed in expansionary territory in October, albeit just barely. The latest reading of the Purchasing Managers’ Index stood at 50, marking the second month of…

In figures released from January to October of this year, Brazil registered a $38.5 billion trade surplus.

If Donald Trump or Hillary Clinton impose anti-trade policies, the US and global economy would face a “catastrophe”, putting the president out of office four years later, the head of the World…

Egypt is offering shippers using the Suez Canal discounted fees as the government scrambles to raise $6 billion it needs to unlock an IMF loan twice the size.

Cairo is negotiating a $12…

One third of the wealthiest people in the UK are currently under investigation by the country’s official tax collection agency, according to a report late Tuesday by the country’s National Audit…

Economic growth will pick up in central, east and southeastern European countries next year on economic recoveries in Russia and neighboring countries, the International Monetary Fund said on…

Indonesia’s economic growth is expected to have cooled in the third quarter due to slow private investment and a cut in government spending, indicating that Southeast Asia’s largest economy is…

New Zealand has recorded its best unemployment rate in almost eight years with third quarter figures falling to a better than expected 4.9%.

The jobless rate declined from a revised 5% in…

The German government's panel of economic advisers has said the current legislative period under Chancellor Angela Merkel has not seen enough reforms to prepare the nation for big future…

As the Shanghai Cooperation Organization has successfully coordinated anti-terror efforts and upheld regional security, the bloc needs to do more to step up economic cooperation among its members…

Police divers in Bulgaria have discovered about €13 million ($14.43 million) in fake banknotes hidden in a reservoir. Officials said bundles of counterfeit €500 notes were found after a tip-off.…

Industrial output in Brazil grew in September after two straight declines, government data showed on Tuesday, but a steep drop in capital goods production illustrated manufacturers’ continued…

Liberia will need $1.3 billion to revive an economy that was ravaged by a slump in its key export commodities and the worst-ever Ebola epidemic, Finance and Development Planning Minister Boima…