World Economy

Northern Ireland’s economy will grow at a slower pace this year as investments are put off amid Brexit uncertainty heading up to the EU referendum, it has been claimed.

That’s according to…

The US dollar’s so-called overwhelming position of dominance in the global financial system poses risks to world financial stability, but it’s not clear that a more diversified arrangement would…

otheby’s sold $144.5 million of Impressionist and modern art, its worst showing at an evening sale in the category in New York since the 2009 recession and the latest evidence of a cooling auction…

New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists.

In a letter to world leaders, the…

China’s leading Communist Party mouthpiece says the nation has to face up to its non-performing loans and tackle a build-up of debt that is weighing on the global economy.

The People’s…

South Africa’s unemployment rate rose to 26.7% of the labor force in the first quarter of this year from 24.5% in the fourth quarter of 2015, data from the statistics office showed on Monday,…

Protests took place in the Greek capital of Athens and the northern city of Thessaloniki at the weekend as the government passed reforms that it hopes will persuade lenders to release more…

Federal Reserve and European Central Bank officials called for time to give their policies some breathing space, though ECB Vice President Vitor Constancio said a US interest-rate rise is just the…

Sentiment in the eurozone improved marginally in May, a survey showed on Monday, but expectations remained subdued suggesting stimulus from the European Central Bank is failing to offset worries…

The owner of the world’s biggest shipping line says negative interest rates are hurting the industry by delaying the consolidation wave so badly needed.

In Brazil, inflation eased less than expected in April. It should continue to trend down during 2016 supported by the weakening of domestic demand. In Chile, inflation reached 4.2%, broadly in…

Asian economies are sailing in choppy waters, facing severe headwinds from an uncertain and challenging global environment.

First, the global recovery has been uneven and weaker than…

Switzerland must cut an additional 3 billion Swiss francs ($3.1 billion) from budgets in 2018 and 2019, Finance Minister Ueli Maurer was quoted saying on Monday.

A survey of board-level executives found that 80% have seen bribery and corruption at their companies, a sign that anti-bribery laws aren’t having enough of an effect, Bloomberg reported.

Japanese Finance Minister Taro Aso said on Monday that Tokyo is ready to intervene in the currency market if yen moves are volatile enough to hurt the country’s trade and economy.

Turkish deputy prime minister, Mehmet Simsek, is the last man standing from the team feted by investors as the driving force behind the nation’s rapid growth years.

Brazil’s consumption of gasoline and diesel is falling as the country’s commodity-driven boom falls apart and the economy shrinks, Reuters reported. Gasoline sales grew at an average annual rate…

New Saudi Arabian Monetary Authority Governor Ahmed Al-Kholifey said his main priority is to maintain monetary stability and support the government’s Vision 2030 economic reforms, Al Sharq Al…

North Korean leader Kim Jong-un has laid out a five-year strategy for economic growth, stressing the need to improve the people’s livelihood and ease an electric power shortage, the country’s…

The High Economic Council of Afghanistan has expressed its support from domestic industries in Afghanistan at a time when, according to economic experts and industrialists, Afghanistan is facing…

Britain’s Chancellor George Osborne just launched a damning indictment over the state of the nations’ property market and related household finances, if the public voted to leave the European…

After decades of neglect of Nigeria’s solid minerals sector, leaving it largely to private and unlicensed operators to prey on, the nation’s current economic challenges appear to be forcing the…

Acting Prime Minister Mariano Rajoy has asked the European Commission to waive a fine that could be imposed on Spain for missing its deficit target in 2015, El Pais newspaper reported.

Japan’s three biggest banks are likely to flag lackluster earnings for the current business year when they release forecasts this month, with loan income depressed by an economic stimulus policy…

Indian economy has been losing momentum since the middle of financial year 2014-15, a new study says, citing corporate results and 'real economic indicators', while questioning the 'counter-…