World Economy

  • Europe's benchmark government bond, the 10-year German Bund, had a zero yield firmly in its sights on Friday as worries about a potential British exit from the EU and weakened US rate hike…

    World-Economy
  • Malaysia’s industrial production expanded in April, accelerating from the previous month but at a lower-than-expected rate, led by a surge in electricity generation and a modest increase in…

    World-Economy
  • The start of the second quarter saw German exports stagnate on weak demand from China and emerging markets, DW reported. Although the data beat forecasts predicting decline, analysts warn that…

    World-Economy
  • India’s top state-run banks will need more than double the capital the government plans to inject into them due to their weak asset quality and levels of profitability, Moody’s Investors Service…

    World-Economy
  • Turkey’s gross domestic product growth soared at a rate of 4.8% in the first quarter of 2016 compared with the same period in 2015, the Turkish Statistics Institute reported on Friday, Hurriyet…

    World-Economy
  • Russia’s central bank cut its main lending rate on Friday for the first time in almost a year, signaling confidence that inflation risks are declining and describing an economic recovery as “…

    World-Economy
  • Britain is the world’s most vulnerable state on a key measure of short-term debt and credit markets might suddenly seize up if voters opt for Brexit, Standard & Poor’s has warned.

    World-Economy
  • Europe was at risk of suffering lasting economic damage from weak productivity and low growth, the European Central Bank’s president warned Thursday, underscoring his argument that monetary policy…

    World-Economy
  • The US House of Representatives on Thursday overwhelmingly passed a bill to help Puerto Rico avoid economic collapse. The island  is $70 billion in debt and stuck in a recession. The…

    World-Economy
  • Byblos Bank on Friday issued the results of the Byblos Bank Real Estate Demand Index for the first quarter of 2016.

    World-Economy
  • As China looks to gear up towards a high-tech economy, it has set its sights on Germany’s well-placed firms. But the rapid rise in foreign investment, stemming in part from the Chinese government…

    World-Economy
  • A fund manager who predicted before most economists that the Reserve Bank of Australia would cut its benchmark below 2%, says there’s a risk that the Aussie dollar could almost halve to an…

    World-Economy
  • Poland’s government has promised to bury the outward looking market economy that characterizes its post-communist transformation, outlining a more nationalist approach as part of its controversial…

    World-Economy
  • Outdoor air pollution could cause six to nine million premature deaths a year by 2060 and cost 1% of global GDP—around $2.6 trillion annually—as a result of sick days, medical bills and reduced…

    World-Economy
  • Investors piled into bonds this week and racked up the longest stretch of European equity fund outflows in eight years as a wave of caution swept over markets ahead of Britain’s EU referendum,…

    World-Economy
  • Russia’s Agriculture Minister Alexander Tkachev expects grain to be the country’s main source of export revenues.

    “I think that Russia is a grain country. This will be the main source of…

    World-Economy
  • Output in the British industrial sector grew at its fastest pace since 2012, figures released on Wednesday by the Office for National Statistics showed.

    World-Economy
  • Monetary policy is now the “number one threat” to the long-term existence of the eurozone, says David Folkerts-Landau, global head of research at Deutsche Bank. He reckons that trying to…

    World-Economy
  • The Reserve Bank of Australia has kept the official interest rate at 1.75% on Wednesday, as expected, with investors poring over detail of Governor Glenn Stevens’ statement, AAP reported. The…

    World-Economy
  • The International Monetary Fund has expressed confidence in Ghana’s economic growth saying there has been significant progress on the nation’s economic front, IMF report said. According to the IMF…

    World-Economy
  • Brazil’s central bank will likely keep interest rates on hold for the seventh straight time on Wednesday, resisting pressure to lower borrowing costs amid a recession as inflation remains well…

    World-Economy
  • French business confidence fell to its lowest level in more than a year in May as strikes hampered refinery output and limited petrochemical supplies, Bloomberg reported. A gauge of sentiment…

    World-Economy
  • A premier financial magazine in the United States says Malaysia would have been one of Asia’s most vibrant economies if not for the ruling party putting its own interest above that of the people…

    World-Economy
  • The South Korean economy faces headwinds both at home and abroad due mainly to rapid aging and faltering exports, with its growth potential slowing down at the same time, the International…

    World-Economy
  • Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices…

    World-Economy