World Economy

Singapore’s headline inflation continued its contraction for the 18th consecutive month in April, declining 0.5% from a year ago.

Economists polled by Bloomberg had put the expected fall at…

Economic growth across the 19-country eurozone is showing further signs of faltering following a strong start to the year. A closely monitored survey of business activity shows that output growth…

European banks have spent a third of their net profits on provisions to cover expected legal costs since the start of the economic crisis in 2008, European Central Bank data showed on Monday.

The Swiss are discussing paying people $2,500 a month for doing nothing.

Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Persian Gulf Cooperation Council’s wealthy Arab oil states (Saudi Arabia, Kuwait, the United Arab Emirates, Qatar,…

Mexico is lowering its economic growth forecast for 2016, citing what it calls “adverse” international conditions including sluggish industrial production in the United States, AP reported. The…

Now that Bayer AG’s bid for seed giant Monsanto Co. is out of the bag, attention has turned to how much the German company will need to pay. The value of the transaction could top $63 billion,…

Former Russian finance minister Aleksei Kudrin says the Russian economy will grow only if the government initiates serious reforms, Radio Free Europe reported. Kudrin, the deputy chairman of…

The European Union will consider extending economic sanctions against Russia, but will stop short of tightening them, foreign-policy chief Federica Mogherini said, Bloomberg reported. Trade and…

Despite reports from international institutions and remarks from top officials predicting that refugees would likely boost Europe’s economy, officials seem wary of benefiting from that wave of…

Vietnam has been making reforms that have transformed the communist economy, turning the country into one of the world’s fastest-growing nations.

A report from the International Monetary…

Nigeria’s Minister of Solid Minerals Development, Dr. Kayode Fayemi, has urged Britain to take advantage of the abundant mineral deposits in Nigeria and the enabling environment being created by…

Less than two years ago, amid Cyprus’ worst economic crisis in decades, a charity shop run by the Orthodox Church in the heart of medieval Nicosia was awash with jobless people looking for free…

Greek Prime Minister Alexis Tsipras braces for yet another vote on additional austerity measures, as European creditors remain at loggerheads with the International Monetary Fund about how much…

Japan’s extraordinarily easy monetary policy, a source of friction with the United States for pushing the yen’s value down, has had some positive effects on emerging Asian economies, including…

G7 finance ministers on Saturday voiced concern about the sputtering global economy as they looked for a plan to stoke growth, while a currency policy clash overshadowed their meetings.

The…

A secret government memo Saturday reveals how a trade war between European Union countries is damaging the British economy.

The damning Whitehall assessment–seen by the Telegraph–has…

Brazil’s new economic team projects the largest budget deficit before interest payments on record this year, underscoring the challenge acting president Michel Temer will face in turning around…

Hungary’s economy minister said he expects the nation’s credit to be raised by two other rating companies after it regained investment-grade status from Fitch Ratings, Bloomberg reported. Fitch…

Greece is “very close” to a debt relief deal, the EU’s economics chief has said, adding to hopes that the embattled economy can avoid another round of tense talks and uncertainty this summer.

Fitch rating agency will release its review about the Hungarian economy and sovereign debt late Friday, FXStreet reported. The current rating is BB+ with a positive outlook, which was modified…

Iraq has reached a $5.4 billion standby agreement with the International Monetary Fund that could unlock $15 billion more in international assistance over the next three years, Finance Minister…

Participants of an informal symposium with Group of Seven finance leaders and academics on Friday agreed a so-called "Brexit" vote for Britain to exit the European Union at a referendum next month…

Sterling retreated from a 3-1/2-month high against a trade-weighted basket of currencies on Friday but stayed track for its best weekly performance in nearly 10 months, Reuters reported. A robust…

Taiwan’s export orders fell at more than double the expected rate in April, underscoring the difficulties faced by the country as it seeks to diversify away from dependence on shipments to China,…