World Economy

South Africa’s annual inflation rate fell slightly in May, relieving pressure on the country’s central bank to tighten monetary policy further, Dow Jones reported. Inflation fell to an annual rate…

Argentina’s central bank cut its 35-day reference rate 75 basis points to 31.5%, as part of its campaign to stimulate growth in Latin America’s No. 3 economy.

A record number of voters have registered for Britain's EU membership referendum. The UK Electoral Commission said that almost 46.5 million people had signed up to cast their ballots on June 23,…

Today in Venezuela, families can wait in lines at the supermarket for 18 hours at a time to get the right to purchase small quantities of oil, rice or pasta, according to Foreign Policy.

Expatriate workers across Oman are facing serious salary delays with some waiting almost a year for wages.

The hidden pay freeze is cutting across all sectors, with workers reporting…

EU ambassadors agreed to roll over damaging economic sanctions against Russia for six months in the absence of any progress on resolving the Ukraine conflict, European sources said Tuesday.

HSBC has broken mortgage records by offering UK customers a two-year fixed rate home loan at an interest rate of 0.99%, underlining the difference between the rates Irish homeowners are…

Greece needs the money to pay off growing state arrears, maturing ECB bonds and International Monetary Fund loans. Talks with its foreign creditors over Greece’s efforts to implement a reform…

The economy will grow faster in the second half of this year as farmers will earn more income and the effects of government stimulus measures take hold, the Thai Chamber of Commerce said on…

European Central Bank policy has increased the likelihood that interest rates will stay low for longer, requiring insurers and occupational pension funds to focus more closely on risk management,…

China’s central bank is considering allowing onshore commercial banks access to the offshore renminbi market for the first time in a move that could bring the two distinct currency rates closer…

The Central Bank of the Republic of Turkey decreased Tuesday the overnight lending rate (the marginal funding rate), which is the upper band of interest rate corridor, by 50 base points to 9%,…

Oi SA filed for bankruptcy protection on 65 billion reais ($19 billion) in debt—a Brazilian record—after failing to reach an agreement with creditors, the last straw following a series of mergers…

Swiss watch exports dropped in May, bringing the industry’s slump close to a full year as the industry faced plunging demand across Asia and Europe.

The Bank of Korea said Tuesday that its campaign to put dormant coins back to use has successfully put more than 260 million coins back into circulation, Yonhap reported. In just one month of the…

Oil is in flux. Manufacturing has slumped. And real estate markets in Toronto and Vancouver can’t seem to stop their upward trajectory.

But there’s one segment of Canada’s economy you can…

Now that the Five Star Party has secured the mayor-ship of Rome, Italian Prime Minister Matteo Renzi probably understands what Benito Mussolini meant when he stated: "Governing the…

Malaysia received 28% more foreign direct investments in the first three months this year despite weak global economic conditions, government data showed.

Australia’s central bank hailed recent positive economic data while reiterating inflation would remain low, in minutes of its June meeting where interest rates were left at 1.75% and no policy…

Global equities rallied and the pound strengthened the most since 2008 on signs the campaign for the UK to stay in the European Union was gaining momentum before this week’s referendum.

A slew of official data points to the stabilizing Chinese economy, and slower growth could prompt additional policy support, said a report released by Swiss bank UBS.

Gold tumbled by the most in almost a month as a poll showed a tilt in favor of Britain remaining in the European Union just days before a historic vote, hurting demand for haven investments.…

Armenia’s economic activity index grew by 5.5% in the first five months of 2016 against the same period last year, preliminary data published by the National Statistical Service said Monday,…

In a significant reform move, the government of India Monday allowed 100% foreign direct investment in airlines and relaxed norms for overseas investments in brownfield airports, PTI reported.…

Germany’s economic growth is likely to slow sharply in the second quarter before rebounding later in the year and returning to a solid growth path, the Bundesbank said in a monthly report on…