World Economy

The services sector in the 19-state eurozone remained in expansion territory in July, with the respective purchasing managers index reading improving slightly when compared to June, a final…

Caretaker Prime Minister Mariano Rajoy stepped up his warning that a failure to form a government would endanger Spain’s efforts to repair its economy as the Socialists again refused to…

Emerging stocks suffered their steepest one-day fall in nearly four weeks on Tuesday and currencies came under pressure after oil prices extended losses following an overnight tumble.

MSCI’…

The effects of poverty in the UK cost the average taxpayer £1,200 ($1,589) a year, and the UK £78 billion ($103.3 billion) in total, a report says.

The Joseph Rowntree Foundation looked at…

China ride-hailing service Didi Chuxing’s dominance of Uber Technologies Inc in the China market may provide a play book for other regional rivals to fend off the biggest US ride-hailing company,…

Canada is in the midst of one of its weakest expansions ever, and only the housing boom keeps it from getting worse.

South Korea has suspended sales of 80 Volkswagen models and fined the German carmaker over allegations the firm rigged emissions test data.

Volkswagen will be fined 17.8 billion won ($16…

The recent rally that’s pushed equities to all-time highs is about to hit a speed bump, according to a new note from Goldman Sachs Group Inc. In fact, the team, led by …

Singapore’s consumer confidence for the second quarter of 2016 held steady at 88 points, according to the Nielsen Global Survey of Consumer Confidence and Spending released on Tuesday, Yahoo…

The annual consumer price inflation rate in Pakistan rose faster than expected in July, driven up by higher food prices, but it was still below the central bank’s target, APP reported. The…

The failed attempted coup on July 15 has cost the Turkish economy 300 billion Turkish Liras (around $100 billion), according to initial calculations, Customs and Trade Minister Bulent Tufenkci has…

Japanese Prime Minister Shinzo Abe's cabinet approved 13.5 trillion yen ($132.04 billion) in fiscal measures on Tuesday as part of efforts to revive the flagging economy, with cash payouts to low-…

South Korea’s consumer price inflation fell in July to the lowest in 10 months at 0.7% on the back of the continued effect of low crude oil prices, a government report showed on Tuesday, Xinhua…

Germany’s second largest bank Commerzbank warned on Tuesday that its profits in 2016 would be lower than the previous year.

“The interest rate environment and persistent customer caution in…

The Brexit vote has pushed out Fed tightening and has effectively neutralized the strong US dollar. This looks to be a helpful boost for emerging markets. Is this the beginning of a long-awaited…

Australia’s central bank cut its benchmark interest rate to a record-low 1.5% on Tuesday, in a bid to jolt the nation’s sluggish economy amid low inflation rates.

The Reserve Bank of…

Companies that do business with China have gone from pariahs to market darlings in less than half a year.

Hong Kong stocks picked up more than 2,000 points last month and are up more than 1% this year.

Is another bull market coming? Should investors take profit or increase their investment…

Russia’s economy is continuing to decline “after hitting rock bottom,” a report by Moscow’sHigher School of Economics (HSE) revealed Monday. The Russian economy contracted across almost all…

Business loans in the UK will shrink to the lowest in more than a decade in the next couple of years, as weaker economic prospects in the aftermath of the vote to leave the European Union damp…

Possible EU sanctions against New Zealand could make travel harder and have a massive impact on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax…

Japanese government bonds continued to drop on Monday, sending the benchmark yield to a five-week high, after the Bank of Japan’s policy easing steps on Friday disappointed investors hoping for…

Tesla Motors Inc said on Monday it had reached a deal with SolarCity Corp to buy the solar panel installer for $2.6 billion, a big step in Chief Executive Elon Musk’s plan to offer consumers a one…

In a research note published on Friday, Deutsche Bank strategists, led by Dominic Konstam, say the Federal Reserve risks a “big policy error” if it hikes interest rates in September as the…

Factories in China and Japan—the world’s second and third largest economies—saw scant sign of demand recovering in July, with surveys across Asia offering only crumbs of comfort after weak growth…