World Economy

Investors will be watching Mario Draghi’s first corporate bond purchases on Wednesday for an indication of whether they were right to snap up the notes before the European Central Bank.

Hungary’s exports increased by 5.1% and imports decreased by 1.9% in April in euro terms compared to the same month of the previous year, Portfolio reported. In light of this it is no wonder that…

Rio Tinto Group, the second-largest miner, offered to repurchase as much as $3 billion of debt, its second buyback in about two months, as rebounding raw-material prices ease pressure on the…

The World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity…

The Japanese government said Wednesday that the economy expanded an annualized 1.9% in the first quarter of this year on an inflation-adjusted basis, up from a preliminary report issued last month…

Members of the US-India Business Council have invested $28 billion in India since September 2014 and another $45 billion is in the pipeline, council chairman John Chambers told the Indian Prime…

Airbus sold 83 aircraft in May, narrowing rival Boeing’s lead in the race for orders after a slow start to the year, figures released on Tuesday showed.

New business included 60 new-…

China’s foreign exchange reserves in May fell to $3.19 trillion, central bank data showed on Tuesday, the lowest since December 2011, likely due to the impact of a stronger dollar, Reuters…

The order for Swiss Bank BSI’s shut-down late last month sent shockwaves across the financial industry, and highlighted one particular challenge that Singapore faces in its drive to be a…

European shares rose on Tuesday after Federal Reserve Chair Janet Yellen pushed back expectations for a rate increase without raising concerns over the strength of the world’s largest economy.

It is an exciting time to be an entrepreneur. In a fast-changing world, a single idea can overturn an industry overnight. New businesses can grow faster than ever. Entrepreneurs are also becoming…

South Africa’s business confidence fell to a new all-time low in May hurt by poor performance in sectors such as manufacturing and retail, a survey showed on Tuesday.

The South African…

Russia’s business ombudsman Boris Titov says local entrepreneurs are concerned more about unpredictability in the economic policy than issues related to demand for goods and services and currency…

Shanghai Pengxin Group Co is in talks to buy control of Brazilian mid-sized lender Banco Indusval & Partners SA, as the Chinese conglomerate wants to expand beyond commodities in Latin America…

London copper came off a touch on Tuesday but remained near four-week highs as the dollar stayed under pressure after Federal Reserve Chair Janet Yellen said a rate hike was on the horizon but did…

 Saudi Arabia plans to more than triple the government’s non-oil revenues and clampdown on public-sector salaries over the next five years, ministers said as they described reforms designed…

Deutsche Bank AG, traditionally the go-to lender in Europe’s largest economy, is the most notable absentee in the year’s largest takeover.

Taiwan’s Ministry of Finance announced that the exports for May rose 5.8% monthly to $23.54 billion; on a yearly basis, the decline widened to 9.6%, exceeding the expected drop of 8.5% and marking…

A weekend of wild weather in Australia disrupted everything from the internet to shipping and banking, while pummeling coastal towns and exposing insurance companies to hefty payouts.

European companies operating in China face a raft of tough challenges amid the ongoing slowdown in the world’s second-largest economy. Still, if allowed, most of them would like to expand their…

Japan Inc. has $59 billion at stake on the June 23 referendum in the UK, when Britons vote to either leave or stay in the European Union.

The eurozone economy grew faster than previously estimated at the start of the year, driven by investment and a pickup in consumer spending.

The Scottish economy is slowing up more than previously expected, according to one of the leading independent forecasters, BBC reported. The EY Scottish Item Club now estimates growth of only 1.2…

The Chinese finance minister jabbed back on Monday at complaints from his American counterpart that China’s glut of factories making mountains of steel, aluminum and other products was…

Economists increased their estimates for inflation in Brazil this year, underscoring the challenges the central bank faces to curb prices amid the country’s recession, according to the…