World Economy

Spanish workers’ salaries took a hit after the 2008 crisis from which they have not yet recovered, and improving them should be the country’s priority under the newly formed government,…

French consumers felt at their least confident this month in nearly two years, the country’s official INSEE statistics agency said on Wednesday, citing concerns among consumers over inflation…

The rise in crude oil prices and positive global outlook helped reduce Qatar’s fiscal deficit and increased surplus in the 2017 current account balance.

London copper edged lower on Tuesday, trading near its weakest level in almost three months, with risk appetite curbed by escalating trade tensions between the United States and top industrial…

Eurozone government bond yields rose on Tuesday as investors made space for a planned 10-year sale by Spain, a possible test case for the market’s ability to withstand a period of political…

Financial firms will leave Britain after Brexit, the head of the International Monetary Fund Christine Lagarde warned. According to her, most will flock to EU countries. That is why, she argues…

The Russian Finance Ministry plans to attract up to $3 billion by the end of 2018 on foreign markets, First Deputy Prime Minister and Finance Minister Anton Siluanov said in an interview with…

The global food chain is a modern marvel. It employs hundreds of millions of people, an eclectic fusion of different cultures from all corners of the world brought together through the wonders…

Irish banks are set to be forced to hold more capital to cope with a future economic downturn, according to a person familiar with the matter. The central bank is leaning toward increasing the…

Expectations for inter-Korean economic cooperation are rising with talks of cross-border projects on infrastructure and environment, but challenges remain amid the persistent economic sanctions…

Six out of 10 publicly traded companies in Japan effectively are debt-free as they build piles of cash earned from strong operations.

The equivalent of up to 2% of Italy’s gross domestic product is being siphoned off in the illicit trade of counterfeit luxury Italian goods, a new report reveals.

Turkey’s central bank must enforce a goal for inflation and re-instill confidence in investors that it will achieve it, said Mike Harris, founder of Cribstone Strategic Macro, which specializes…

Singapore’s factory production continued to outperform in May, defying expectations that the manufacturing sector will cool. Overall output grew by 11.1% last month from a year ago, according to…

China and the European Union agreed Monday to launch a group that will work to update global trade rules to address technology policy, subsidies and other emerging irritants and preserve support…

India’s Tata Steel and Germany’s Thyssenkrupp are struggling to combine their European steel businesses as a June 30 deadline to finalize terms looms.

The addition of half the Saudi population to the current number of drivers will significantly boost gasoline demand in the kingdom and, according to Bloomberg, could in fact bring in economic…

Gold prices edged lower on Monday, pressured by a strong US dollar amid the prospect of higher interest rates, while global trade tension kept the metal buoyed above a six-month low hit last…

Concerns over rising trade tensions weighed on emerging stocks and currencies on Monday, but Turkish assets enjoyed a relief rally after Recep Tayyip Erdogan clinched victory in a closely fought…

China-led Asian Infrastructure Investment Bank said Monday it will invest in or lend $3.5 billion this year to India, Bangladesh, Turkey and Egypt for projects aimed at strategically connecting…

New Zealand’s central bank is set to keep interest rates on hold this week and signal that no monetary tightening is on the cards in the near-term, with inflation subdued and escalating global…

Russia’s central bank may need to provide another 100 billion rubles ($1.6 billion) for a planned “bad bank”, adding to the more than $40 billion already spent on three banking bailouts, two…

The head of Switzerland’s Department of Economic Affairs believes that blockchain technology will make a global impact on the same scale as the internet.

German business confidence dropped in June, suggesting the mood among company executives in Europe’s biggest economy is darkening amid global trade war threats, Reuters reported. The Ifo…

South Korea’s economy is expected to expand 3% this year as increased domestic consumption and government spending will offset sluggish exports and investment, a local think tank said Monday,…