World Economy

Magnesium prices are rising due to tight supplies from China, by far the world’s largest producer of the rare-earth metal, and brisk demand from the auto industry, Nikkei reported .Magnesium is…

Indonesia is among a selected group of Asian emerging markets that are plagued by a wide current account deficit (together with India and the Philippines), particularly due to these countries…

The surge in earnings at European companies in 2017 is already starting to look like ancient history as economic conditions and a looming trade war choke off expansion. The enthusiasm over the…

Despite an international context characterized by stronger growth in the global economy, abundant international liquidity, high corporate returns and optimism in financial markets, the flows of…

The National Institute of Statistics reconfirmed on Friday Romania’s economic growth estimate of 4% in the first quarter of 2018, Business Review reported. The statistics office said that the…

Greece is on course to economic recovery after reaching the end of its third bailout next month according to a key official in charge of providing financial assistance to eurozone countries with…

Trade barriers being erected by major economies could jeopardize the global economic recovery and their effects are already starting to show, the World Trade Organization said in a report on…

The emergence of “superstar” tech firms is hurting the pay packets of workers, the Organization for Economic Cooperation and Development said.

The OECD’s annual employment outlook said…

Japanese workers’ inflation-adjusted real wages rose in May at the fastest pace in two years, reversing the prior month’s drop, government data showed, in an encouraging sign that higher pay…

The quality of economic growth in the Philippines is “improving” and will be sustained on the back of the government’s P8-trillion ($150 billion) infrastructure program, officials said Friday.…

The administration of US President Donald Trump on Friday imposed 25% import tariffs on $34 billion worth of Chinese goods such as industrial robots, in what he described as retaliation for…

According to the state secretariat for economic affairs, the Swiss economy expanded by 0.6% in the January-to-March quarter of 2018, Forexfocus reported. The numbers more or less aligned with…

Failure to meet the United Nations' 2 degrees Centigrade warming limits will lead to sea level rise and dire global economic consequences, new research has warned.

The sharp deterioration in Canadian household sentiment continued into last week, as escalating trade friction with the US fuels anxiety about the prospects for the economy. The Bloomberg Nanos…

Egypt’s gross domestic product grew by 5.4% in the 2017-2018 fiscal year that ended on June 30, new Prime Minister Mostafa Madbouly said on Tuesday, the fastest growth rate in a decade, Reuters…

Germany exporting more than it imports is becoming a big problem for its economy, a director from the country’s closely-watched Ifo Institute said Wednesday.

Danske Bank A/S’s Estonian operations may have been used to launder as much as $8.3 billion in a case that has rocked Denmark and triggered calls for tougher penalties from the country’s…

Asian stocks edged lower on Wednesday as trade jitters continued to simmer ahead of the July 6 deadline, when US tariffs on Chinese goods are due to take effect.

The yen rose against the…

Oman’s economy is expected to grow faster this year and next as rising oil and gas production boosts exports while the government increases investments in the non-oil sector to diversify…

The Dutch economy is growing steadily and is expected to continue growing in the next two years, but employees in the Netherlands are not sufficiently benefiting from this growth, the OECD—the…

Speculation that the European Central Bank will introduce an “operation twist” after it ends its asset-purchase plan is turning the French yield curve on its head.

Singapore’s central bank chief warned on Wednesday that risks to the global growth outlook have increased significantly thanks to an intensifying international trade row and the rising prospect…

Just several months ago the threat of a sweeping trade war seemed preposterous, but now it’s worry time for everyone from Wall Street investors to Best Buy shoppers and soybean farmers to auto…

After a tough year of recession, growth is set to return to Iraq’s economy. Backed by increased oil revenues thanks to the rise in global oil prices, and in spite of the stalling of talks with…

A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the US company off from the world’s largest semiconductor market, Taiwanese rival United Microelectronics Corp. said…