World Economy

Zambia’s newly re-elected President Edgar Lungu faces an uphill battle to revive an economy reeling from a slump in copper prices, with a free-falling currency and widening budget deficit.

A major problem since America’s recovery from the recession has been the quality of jobs that have come back.

For years, growth was strongest in high-wage and low-wage jobs, hollowing out…

The UK economy has shown some post-Brexit strength. All it needs now is stamina. Focus is on whether the economy can sustain the initial robust readings that came last week.

South Korea’s economy saw its household saving rate increase among the fastest in the Organization for Economic Cooperation and Development, according to the OECD.

The OECD forecast that…

A major demographic dilemma is threatening to hit all parts of Japanese society: the country’s rapidly rising age.

Right now, 1 in 4 Japanese are over the age of 65, and that…

Describing India as a strategic and economic partner, France’s Ambassador Alexandre Ziegler said that French companies would be investing to the tune of €8 billion ($9 billion) in India…

European Union banks just can’t catch a break. Many of them are still slogging uphill to recoup share price losses incurred from the Brexit vote in the UK.

Mexico’s economy likely shrank in the second quarter, with a stagnant service sector and a drop in industrial output contributing to the decline.

Earlier this month, the Bank of England did something never before seen in its 322-year history. It cut its key interest rate to just 0.25%.

A few years ago, this might have been remarkable…

Urjit Patel, the current deputy governor of the Reserve Bank of India, has been named as the successor of Raghuram Rajan at the central bank, PTI reported. Patel authored RBI’s…

Ratings agency Fitch has confirmed Malta’s ‘A’ rating while upgrading its forecast from ‘stable’ to ‘positive’, Yahoo Finance reported. The upgrade means each of the big three rating agencies—…

Foreign retailers are flooding into Vietnam as consumer spending is set to grow 47% in the next four years, VNA reported. The number of announced mergers and acquisitions over the past five…

Singapore’s consumer price index is expected to show an annual decline for a 21st straight month in July, a Reuters poll showed, but some analysts say prices may have bottomed out and the index…

Economic activity in Portugal rose slightly in July, ending a downward trend, whilst consumer spending fell, according to figures published by the Bank of Portugal.

According to figures…

In 2012, Mongolia marked its debut in international capital markets with a stunning dollar bond sale that was meant to usher in a new era for the country.

Four years later, the currency is…

A few years ago, Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidized baby milk. But rising prices mean his civil servant's salary barely lasts the month…

Saudi Arabia will permit foreign institutional investors to buy shares directly in initial public offers, a move that could help the government sell billions of dollars’ worth of stakes in state…

Since Russia’s annexation of Crimea in March, 2014, the US and EU have leveled sanctions against Russia several times, tightening restrictions on major Russian state banks and corporations,…

Ratings agency Fitch has affirmed its sovereign rating on Turkey at ‘BBB-’, the lowest investment grade, but lowered its outlook to negative from stable in a review after last month’s attempted…

Bond investors are comfortable with Germany’s government debt yielding below zero, according to Commerzbank AG, the nation’s third-biggest primary dealer.

Job opportunities are growing in New Zealand with some parts of the country seeing unemployment fall to the lowest it has been since 2008, ExpatForum reported. Official figures show

The German economy remains on a solid growth path despite the recent slowdown in the second quarter, but external risks have increased after the British decision to leave the European Union, the…

The National Bank of Abu Dhabi plans to start an investor roadshow next week to issue a benchmark-sized green bond, the proceeds of which would be used to invest in renewable energy, sources…

London aluminum futures held near their strongest level in 13 months on Friday, propped up by firm demand and tighter supply in top market China, Reuters reported. Copper edged lower, but was…

Credit ratings agency Moody’s expects modest growth in the UK economy, with forecasts now looking more positive, just two months after the Brexit vote rattled markets.