World Economy

South Korea’s economy is likely to grow about 2.8% this year as it will get a boost from extra government spending and stronger exports, Finance Minister Yoo Il-ho said on Saturday.

Bank Indonesia projects that loose monetary and macro-prudential policy will stimulate credit growth in June, leading to an 8.9% year-on-year growth figure, a slight increase from the 8.3%…

Ukraine is interested in strengthening cooperation with China, particularly in attracting Chinese investment and broad access of the Ukrainian goods and technologies to the Chinese market,…

The executive board of the International Monetary Fund has approved a $3.47 billion aid for Morocco, TradeArabia reported. The two-year arrangement will be under the precautionary and liquidity…

 Even after years of lean times, big US banks are coming under new pressure to cut costs. But management teams are finding some expenses simply won't budge—like the $1 billion a year it costs…

Investment in Spanish commercial property had been growing continuously since 2013 and in 2015 reached a historic peak.

According to CBRE, world’s leading commercial property and real…

Bank of Japan Governor Haruhiko Kuroda reiterated that the central bank is prepared to step up stimulus if needed, while noting again that so-called helicopter money is prohibited.

Overseas investors purchased $2.734 billion of US 10-year Treasury notes at an auction in early July, which was the lowest amount since October 2014, according to the US Treasury Department’s…

France’s private-sector economy showed signs of stagnation in July as a continued slump in manufacturing output erased a return to growth in services.

Cocoa crops in the world’s top producer, Ivory Coast, are being ravaged by caterpillars but authorities are playing down the new scourge, saying they have it under control.

South Korea on Friday outlined an 11 trillion won ($9.64 billion) extra budget plan designed to prop up its economy facing sluggish exports and a possible fallout from corporate restructuring in…

It was said last week that housing prices in Hong Kong may collapse in 2018 or 2019 as a result of the bursting of the global credit bubble.

Morocco’s annual consumer price inflation rose to 2.3% in June from 1.9% in May, due to higher food prices, the High Planning Authority said on Friday, Reuters reported. Annual food inflation…

Shares fell on Friday after soft US corporate results pulled Wall Street back from record highs, and sterling slumped as the first snapshot of the UK economy since the vote last month to leave the…

The Bank of Japan will likely cut next fiscal year’s inflation forecast only slightly and largely maintain its upbeat projection for fiscal 2018 at a policy review next week, sources said, an…

Eurozone business growth was at its slowest since the start of 2015 in July as stronger performances in the two big economies of Germany and France offset weakness in smaller countries, a survey…

North Korea’s economy last year is estimated to have contracted the most since 2007 as its leader Kim Jong-un marshaled resources for nuclear tests and ballistic missile development, Bloomberg…

Syngenta AG, which has agreed to be taken over by China National Chemical Corp. for $43 billion, said talks with regulatory authorities to win approval for the deal have been constructive and the…

The European Central Bank says it’s ready to give the eurozone a further dose of stimulus if Britain’s vote to leave the European Union starts to weigh on the region’s economy.

But its…

Most (Persian) Gulf Cooperation  Council Arab stock markets (comprising Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman) fell on Thursday amid soft oil prices and mixed corporate…

Africa may have a problem with unsustainable debt on its hands if it doesn’t manage to find other ways to finance development and cut off illicit financial flows, a new report from a United…

Chinese Premier Li Keqiang on Friday called on world leaders to step up macroeconomic policy coordination, after meeting the heads of the International Monetary Fund, the World Bank, and other…

Britain’s decision to leave the EU has led to a “dramatic deterioration” in economic activity, not seen since the aftermath of the financial crisis.

Data from Markit’s Purchasing…

The Fort McMurray wildfires and a continued slide in oil and gas investment have dampened the outlook for the Canadian economy, according to a report released Thursday by the Conference Board of…

Winning market economy status and easier access to world markets is one of China’s biggest political goals.

But the decision on whether to award that status by the end of the year is one of…