World Economy

Why do some countries grow faster than others? How do we engineer an economic miracle? Some economists believe that manufacturing growth is like cooking a good dish—all  the needed…

Cambodia’s economy should grow about 7% this year and next, the Ministry of Economy and Finance said on Tuesday, adding that rapid real estate credit growth is slowing which would reduce a risk…

Child malnutrition cost the Philippines $7 billion or nearly 3% of its GDP in one year in terms of education spending and lost productivity, while hunger-related stunting is on the rise among…

Denmark’s government cut its growth forecasts for this year and next as Scandinavia’s smallest economy struggles to cope with international headwinds exacerbated by Britain’s decision to leave the…

A year after Ukraine averted default by reaching an agreement with creditors to restructure $18 billion of debt, the country’s bond market is again beginning to veer off course.

Geneva proposed cutting its corporate tax rate as the Swiss canton that’s home to almost 1,000 multinationals bids to increase its allure in the face of European Union pressure to scrap…

Moody’s Investors Service on Tuesday affirmed Japan’s A1 sovereign debt rating and maintained a stable outlook, citing ultra-low funding costs and continued progress in government efforts to…

UK job seekers are starting to see the impact of Brexit, with salaries under pressure and companies advertising more contract positions as they resist committing to permanent hiring.

Australia’s politicians may be fretting over the nation’s deteriorating finances, but now isn’t the time to step off the spending gas pedal, according to the central bank’s newest policy-setting…

Apple said it would appeal against an EU ruling ordering it to pay up to €13 billion ($14.5 billion) in taxes plus interest to the Irish government which the EU considers to have been illegal…

US consumers spent at a solid pace in July while the key PCE index of inflation slowed, the Commerce Department reported Monday.

Consumer spending rose by 0.3% from June, with the gain…

Singapore is losing export competitiveness in the region and this is due to rising costs, according to Credit Suisse economists.

Their research also found that the republic’s small, trade-…

Positioned as a major investment destination to the world, India is targeting to increase its bilateral trade with the US to $500 billion from current levels of over $100 billion, in the near term…

China’s banking system faces a systemic risk from a significantly increased reliance by small and mid-tier lenders on interbank funding, top credit rating agency Moody’s Investors Service warned…

European stocks kicked off the week in negative territory, with rising expectations the US Federal Reserve will raise interest rates later this year punching the air out of the recent rally.

Morale among Italian businesses and consumers fell sharply in August, further clouding prospects for the stuttering economy, data showed on Monday, Reuters reported. National statistics institute…

Peru’s economy is on track to remain a top Latin American performer, growing 4% this year and 4.8% in 2017, underpinned by a mining rebound, Yahoo reported. The previous administration of Ollanta…

The unemployment rate for people aged 15-29 stands at 9.2% in South Korea, a 0.2% increase since last year, according to the OECD on Monday, Yonhap reported. South Korea is among five OECD…

Hong Kong's retail sales by value fell 7.7% in July from a year earlier due to the drop in visitor spending amid an uncertain economic outlook, the Census and Statistics Department said Monday.…

The 10,000 homes in Perth without tenants the past 12 months is just one of the indicators of the weakening Australian housing market. While house prices are rising ahead of the selling…

China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building—emerging economies in Southeast Asia.

Mario Draghi is letting the numbers do the talking. After five weeks of silence, the European Central Bank president is leaving it largely to a raft of economic data to fine-tune policy…

The number of new jobs created by the US economy has slowed since last year, but companies are still hiring at a brisk clip that’s fast enough to nudge the unemployment lower and all but ensure an…

With Japan in the grip of an economic crisis employers are turning to experienced older workers to lead the way.

In the tussle between youth and experience, a growing number of Japanese…

The recent flare up over Crimea may have just delayed Russia’s economic recovery.

After President Vladimir Putin accused Ukraine of plotting terrorist attacks on the Black Sea peninsula…