World Economy

Emerging-market stocks and currencies climbed to their highest levels in about a year, as reduced bets for US interest-rate increases and prospects for more stimulus in Asia spurred demand for…

UAE companies are struggling to make payments on time as liquidity tightens in the region, and some have even been forced to flee the country to escape debts they cannot repay, new data reveals.…

The former deputy managing director of the International Monetary Fund has warned that countries are not working together to implement measures to achieve growth at a time of “great uncertainty”…

Sweden’s four biggest banks are well equipped to cope should there be another financial crisis, a health check of Europe’s banks has shown, Radio Sweden reported. Handelsbanken, Swedbank, SEB and…

The average Turkish household is spending 195 liras ($66) more in 2015 compared to 2014, according to Turkey’s state-run statistics agency.

Turkish Statistical Institute revealed on Monday…

Corporate earnings are heading for a fifth straight quarter of declines, dragged down mostly by energy companies’ struggles with low oil prices and a tepid global economy that threatens to…

The International Monetary Fund has not imposed any preconditions on Egypt in order to implement a mooted $12 billion loan package, the country’s finance ministry said late Sunday.

The…

A $50 billion gold-industry deals spree is extending into its third year, even as a surging bullion price makes sealing transactions and valuing mines more difficult.

Sharing the European Union’s longest border with Russia can provide a unique perspective when it comes to assessing the region’s biggest geopolitical threat.

Puerto Rico’s governor has signed a bill letting the island’s 78 municipal governments share administrative services as a cost-saving measure amid a deep fiscal crisis, Reuters reported.

The World Bank renewed its commitment to support Lebanon over the next three years as the amount of grants and loans earmarked to this country will reach over $1.5 billion, World Bank…

The unemployment rate in Brazil increased to 11.3% in the second quarter of 2016, up 0.4% compared to the first quarter, the highest since 2012, the Brazilian government said, Xinhua reported. The…

Even by the standards of Africa, it’s been a wild ride for Mozambique. There’s little sign it will end well.

Blowing through more than $2 billion of borrowed money just as the currency and…

Despite more flexible rules, the foreign investment boom anticipated by the Argentinian President Mauricio Macri administration to reactivate the economy is far from the jumpstart initially…

Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people familiar with the matter.

A faltering economic recovery in the US is set to place further pressure on the Reserve Bank of Australia to cut interest rates when it meets on Tuesday, amid a fresh…

The dollar is set to fall 5% in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and US economic data is only going to get worse.

Even as India is “aggressively” trying to attract funds for the Rs 40,000-crore (almost $6 billion) National Investment and Infrastructure Fund, global investors are likely to adopt a “…

The period of restoration of oil prices in the first half of this year has had some beneficial effect on the Russian economy. The production sector has demonstrated positive growth rates, and the…

British businesses expect economic growth to grind almost to a halt over the next three months due to weaker investment and consumer confidence after June’s vote to leave the European Union, the…

A range of Chinese economic performance indicators suggest that Asia’s largest economy stabilized in the second quarter, a development seen as a relief for other Asia Pacific economies.

Political turmoil in Turkey is putting new stress on an economy that was already coping with depressed export markets, weak investment and sagging business confidence. The economy has many…

The Nigerian Export Promotion Council has said that the non-oil exports would take over from oil exports to drive the nation’s economy soon. The council stated that oil revenue was a great…

Credit Suisse, which exited its US private wealth business last year, is building out a new investment banking group in the region to serve billionaires.

After all the speculation and hype, the Bank of Japan ultimately ended up announcing only a small tweak to its policy on Friday.

The bank said it would increase its exchange-traded…