World Economy

Germany’s economy minister says free trade talks between the European Union and the United States have failed.

Negotiations on the so-called Trans-Atlantic Trade and Investment Partnership…

China is the world’s biggest exporter, but Chinese companies are desperately struggling to ensure that their brands are visible in the international market place.

So far they have relied on…

The UAE’s economy is likely to record its slowest growth since 2010 this year at around 2%, according to a new analysis.

However, the country’s strong balance sheet means it should start to…

Croatia’s Central Bureau of Statistics will soon announce its first estimate of GDP growth in the second quarter, Croatia News reported.

Hikes in social security contributions and taxes, coupled with rumors that contributions for 2017 will be calculated on the basis of earnings in 2015, have spurred thousands of self-employed…

Property is a better investment for retirement than a pension, according to the Bank of England’s chief economist, Andy Haldane, BBC reported. Haldane owns two homes–one in Surrey and a…

Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700 million Islamic bonds maturing next year, the chief executive…

Mexico needs to boost its industrial output to improve its low economic growth and increasing public debt, economic experts told Xinhua. Jorge Sanchez Tello, a researcher from the Foundation for…

India expects to woo one trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports.

It has been described as “sad”, “troubled” and “fallen” but for thousands of investors, discussion of the $6 billon Dubai Pearl scheme provokes far less sympathetic language.

The huge mixed…

International Monetary Fund chief Christine Lagarde has described China's preparation work for the G20 meetings as thoughtful.  She also praised China's idea of adding "inclusiveness" to "…

Bank of Japan Governor Haruhiko Kuroda said Saturday that he won’t hesitate to boost monetary stimulus if needed, reiterating a pledge during an annual policy retreat in Jackson Hole, Wyoming, at…

Figures from the European Commission show that eurozone consumer confidence index fell unexpectedly in August. The commission’s initial reading on sentiment fell from -7.9 to -8.5, the lowest…

The global economy lost $223 billion last year up from $182.5 billion in 2010 as a result of poor sanitation, a new report launched Saturday on the sidelines of the Japan-Africa summit taking…

Inflation in the Philippines is expected to be registered between 1.6 to 2.4% in August as higher oil and rice prices were only partly offset by the decline in utility rates during the month,…

Taiwan’s economy flashed a green light, indicating stable growth, for the first time in 17 months in July, boosted by the stock market, machinery imports and retail sales, the National Development…

Fiat Chrysler Automobiles has been approached by several suitors for its components business Magneti Marelli, the carmaker’s chief executive said on Friday, without giving names or mentioning how…

The payout on short-term and long-term bonds is incredibly low among most developed economies across the globe, and many economists are predicting this drop could be signaling a coming recession…

Japan’s Prime Minister Shinzo Abe told African leaders on Saturday that his country will commit $30 billion in public and private support for infrastructure development on the continent.

Venezuela has signed over $5.5 billion in mining deals with companies including Canada’s Barrick Gold Corp and China’s Shandong Gold, President Nicolas Maduro said during a ceremony held at the…

Consumer bodies have said that the drop in inflation in the month of August is an indication that the economic environment in Zambia is stable, NewsNow reported. Central Statistical Office on…

Albert Kan-Dapaah, Head of Ghana’s University of Professional Studies’ Center for Public Accountability, has raised concerns over poor revenue collection practice by authorities, culminating in…

The Fitch Ratings Agency has affirmed Azerbaijan’s long-term foreign and local currency issuer default rating at “BB+” with negative outlooks, ABC.az reported. The agency said that the issue…

Denmark unveiled a thorough overhaul of its taxation model following a string of scandals that led to as much as 26.3 billion kroner ($4 billion) in losses in what the minister presenting the…

Tunisia’s parliament has approved Youssef Chahed as prime minister along with a new government focused on boosting the economy and fighting terrorism.