World Economy

  • Copper advanced as industrial metals held gains that have pushed them into a bull market amid signs of stabilization in China’s economy.

    World-Economy
  • A war of words has escalated surrounding the troubled German lender Deutsche Bank between its supporters and those claiming the bank has no one to blame for its plummeting share price and…

    World-Economy
  • The nuclear industry is gradually recovering from its post-Fukushima slump, but excess capacity keeps uranium prices at record lows, forcing mining companies to mothball mines, slice costs and cut…

    World-Economy
  • The world continues to face the problem of global growth being too low for too long, benefiting too few, according to Christine Lagarde, Managing Director of the International Monetary Fund.

    World-Economy
  • The unprecedented worldwide surge in the market for bonds those are certain to lose money if held to maturity regained strength last month.

    World-Economy
  • British Finance Minister Philip Hammond said on Monday there were differences among European Union member countries about the stance to take over Britain’s future trading relationship with the…

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  • Japan’s small firms, many of which are “mom-and-pop” operations, are dying out as their ageing owners struggle to find successors, in another sign that the fast-ageing population is taking its…

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  • Saudi Arabia’s stock market plunged to its lowest close since March 2011 on Sunday because of fears the government could introduce more austerity measures to curb a big budget deficit caused by…

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  • On Monday evening in Strasbourg, members of the economic and monetary affairs committee and members of the regional development committee will debate the commission’s plan to suspend European…

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  • Tax authorities in Greece have seized half a million bank accounts, containing €1.6 billion ($1.8 billion), in the first half of 2016. In the first four months of the year alone, authorities…

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  • Mongolia has sought financial assistance from the International Monetary Fund, as it grapples with balance of payments woes and looks to stabilize its economy, the IMF said. Mongolia’s government…

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  • With Bangkok being one of the world’s most popular travel destinations and also dubbed the “kitchen of the world,” Thailand attracted a record-high 1.37 million Korean tourists in 2015, Yonhap…

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  • Spending among Japanese households tumbled last month and consumer prices fell again, data showed, after the Bank of Japan announced it was overhauling a faltering bid to conquer deflation.

    World-Economy
  • China’s official factory gauge steadied at the highest level in almost two years while services picked up, suggesting that the economy’s stabilization continued last month and…

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  • Brazil’s unemployment rate reached 11.8% in the June-July-August quarter of 2016, up from 11.2% from the previous three months and 8.7% in the same period last year, governmental statistics agency…

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  • Women account for a fraction of the richest people in eight of the world’s wealthiest countries and the gender gap gets wider the higher the income bracket, a study by the London School of…

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  • Italy has asked the European Commission for more time to sell a handful of small savings banks it bailed out last year, highlighting the ongoing struggles of a country swamped with massive debt…

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  • Qatar’s foreign trade surplus shrank by 35.7% from a year earlier to QR8.6 billion ($2.36 billion) in August, according to data from the Ministry of Development Planning and Statistics. The…

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  • British companies expect a surge in output in the final quarter of the year despite a slowdown in the three months to September, a survey showed, the latest sign that the country’s economy is…

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  • Germany’s economic success risks being undermined by the country’s unwillingness to adapt, according to the head of the ZEW Center for European Economic Research.

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  • India should open up further and make business conditions better for investors as it is likely to be the “natural place” for global firms that will face the challenges of shrinking labor and…

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  • There’s more to Asia’s vast economy than just China and Singapore, both linchpins of regional growth.

    Indonesia is slowly but surely cementing a reputation as a standout in the global…

    World-Economy
  • South Korean exports in September fell, as expected, after posting the first rise in 20 months in August, as slightly fewer working days and a strike at the biggest automaker hit shipments, data…

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  • Mexico’s central bank raised its benchmark rate 50 basis points to 4.75%, hoping to stem risks that a weak peso could fan inflation after a sell-off in the currency sparked by fears Donald Trump…

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  • With the sustained drop in crude oil prices, there was a slowdown in the economy in 2015 as well as in the first few months of 2016, according to the monthly bulletin released by the Central Bank…

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