World Economy

World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major…

The European Central Bank is tightening its monetary policy so late in the economic cycle it is at risk of being “stuck with zero rates for the rest of time”, according to Patrick Artus, chief…

China and the European Union vowed to oppose trade protectionism and unilateralism, saying those actions could push the world into recession in an apparent rebuke to the US.

Foreign investors’ holdings of South African bonds have dropped to the lowest level in more than a year following a record sell-off since the beginning of May, and a senior treasury official…

China is freeing up more than $100 billion to help its economy, which is facing fears of a slowdown and an escalating trade war.

The country’s central bank said late Sunday that it is…

Policymakers can maintain the current economic upswing beyond the short term by tackling structural reforms, rebuilding monetary and fiscal policy space to react to future threats and…

The latest dry spell has threatened another fodder emergency for Irish farmers. Some are already feeding their herds with silage during what is normally a big month for grass feeding. Met…

China offers great opportunities to Thai small and medium-sized enterprises who want to sell their products via the world’s largest online shopping platform, experts said.

The leader of Zimbabwe main opposition party, Nelson Chamisa, alighted from his car, grabbed a microphone and made a bold promise to scrap bond notes if he wins the July 30 presidential election…

A subsidiary of JPMorgan Chase & Co has agreed to sell its minority stake in Saudi Investment Bank for 759.3 million riyals ($203 million), Saudi Investment Bank said in a statement on…

China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points to accelerate the pace of debt-for-equity swaps and stimulate lending…

China and the US are scrambling to secure one of the world's most coveted resources: talent in artificial intelligence.

Bank Indonesia Governor Perry Warjiyo is of the view that Indonesia’s foreign debt is still in the safe zone compared to the ratio of the country’s gross domestic product. “Viewing several…

The South African government will continue to prioritize maths and science to address skills deficiency and innovation, Deputy President David Mabuza said on Saturday.

At the Youth Walk…

An industrial powerhouse built on massive exports and a gigantic car industry, Germany is among the nations most sensitive to mounting trade tensions between the United States and other major…

Philippine economic activity is stagnating in the provinces and no less than President Rodrigo Roa Duterte himself is worried that the rising prices of goods could prolong the period of gloom.…

Foreign direct investment in Qatar has risen by around 27% last year, which shows that the trust of global investors in the country’s economy is intact.

Qatar attracted $986 million…

The 2018 International Telecommunication Union’s Global ICT Capacity Building Symposium, or CBS-2018, took place June 18-20 in Santo Domingo, Dominican Republic, with a special focus on “…

As Airbnb home-sharers in Japan quit the market in droves, following a new law that considerably increases red tape, their search for a smooth exit has brought a surge in new businesses.

With growth resilient and progress made in the pursuit of high-quality development, economic confidence remains positive in China.

The mounting trade tensions between the US and much of the rest of the world are taking a toll on markets as investors fret about the impact on corporate earnings and consumer spending.

Argentina on Friday received $15 billion, the first tranche of a $50 billion loan from the International Monetary Fund to help stabilize its fragile economy, the South American nation’s central…

Venezuelan Labor Minister Eduardo Pinate says the Bolivarian government will maintain the policies to stabilize and get the economy into shape, in light of financial attacks and destabilizing…

Portugal’s deficit was 0.9% of gross domestic product in the first quarter of this year, lower than 10.6% in the same period of last year, the Portuguese National Statistics Institute said,…

India’s private lender ICICI Bank has been identified as a bank that is ‘Too Big, to Fail’ by the Reserve Bank. Looking at the amount of stressed assets dilemma the bank has to manage, this RBI…