World Economy

 US fund investors deployed money into taxable bond funds and other safer assets in the latest week, Lipper data showed on Thursday, amplifying a rotation from stocks into bonds which has…

The leaders of the G7 group have said the world economy is an urgent priority and cautioned that a British vote to leave the European Union would seriously threaten global growth.

Japan’s core consumer prices fell 0.3% in April from a year earlier, the second straight month of declines, keeping the central bank under pressure to deploy additional stimulus to achieve its…

In the last two consecutive years India has faced severe drought. It has impacted the country’s growth figures and dried out regions where acute water shortages are being reported.

Russia’s Finance Ministry considers the Eurobond issue amounting to $1.75 billion sufficient now amid low demand for currency.

More than 60% of all computer software installed in the Asia-Pacific in 2015 was unlicensed, the worst of any region, despite growing economies and anti-piracy efforts, an industry watchdog said…

Monsanto, the world’s largest seed company, turned down Bayer AG’s $62 billion acquisition bid as “incomplete and financially inadequate”, but said it was open to further  negotiations.

Microsoft is making further cuts to what is left of its ailing smartphone business, as sales of the devices continue to fade, Reuters reported. The company said on Wednesday that it would…

The falling Australian dollar has dampened the growth of some online sales, but overall the nation’s digital economy is steaming ahead, ABC News reported.

Russia’s top bank Sberbank on Wednesday posted record quarterly net profit of 117.7 billion rubles ($1.8 billion) in the first three months of 2016, distancing itself further from struggling…

As if the European economy did not have enough to deAs if the European economy did not have enough to deal with, with stunted growth levels,al with, with stunted growth levels, a seemingly endless…

More than two-thirds of Persian Gulf Arab banks reported an increase in unpaid loans in the first three months of the year and more defaults are likely as oil-dependent governments slash spending…

Vladimir Potanin, through his Winter Capital Partners fund, became a shareholder in a number of Iranian Internet companies, including the country’s biggest web retailer–Digikala.

Emerging economies need greater assistance from the international community to reach income levels comparable with developed countries, International Monetary Fund First Deputy Managing Director…

A manhunt is underway for criminals who looted millions from Japan’s cash machines nationwide in an hours-long heist, officials and reports said.

Armed with fake credit card details from…

Greece’s creditors reached an agreement that will allow the release of €10.3 billion ($11.5 billion) of aid and committed to ease the nation’s €321 billion of debt.

Official figures show that the economy is producing lots of jobs, but still struggles to deliver jobs in parts of the country outside Dublin, a leading analyst has said, Yahoo reported.

Leaving the European Union would cost British consumers £9 billion ($13.2 billion) in annual additional import tariffs, World Trade Organization chief Roberto Azevedo said in an interview…

After several years of weak inflation, economists now believe Americans will see higher prices in 2016 and beyond.  Weak inflation that fell into near deflation in 2015 has reversed course,…

European equities climbed to a four-week high on Wednesday, with energy shares rising on the back of a rally in oil and Greek banks gaining after politicians made progress on talks over securing a…

The biggest buyer of European government bonds may have to start spreading its money around a bit more widely.

The European Central Bank expanded the size of its debt-buying program in…

Saudi Arabia’s stock index sank 3.1% as investors sold shares indiscriminately, while the UAE and Qatar held onto small gains.

Egypt fell as foreign funds exited the market. Saudi shares…

Cuba says it will legalize small and medium-sized private businesses, a move that could significantly expand the space allowed for private enterprise in one of the world’s last communist countries…

Bank of England Governor Mark Carney defended the central bank's decision to flag the risks of leaving the European Union on Tuesday, hitting back at one of his toughest critics who has called for…

France’s economy is not recovering quickly enough to cut unemployment and debt significantly, and will not do so without further reforms, the International Monetary Fund said on Tuesday despite…