After months of dodging inflation shocks from trade wars, geopolitics and a crash in oil, Russia is zeroing in on a risk closer to home.
World Economy
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European shares were slightly higher on Thursday with gains in healthcare and oil stocks only in part offset by some stocks such as Daimler going ex-dividend.
World-EconomyIndian Prime Minister Narendra Modi is going to need a big rise in economic growth and a run of good weather to have a chance of fulfilling his promise to double farmers’ incomes by 2022.
World-EconomyCommonwealth Bank of Australia and its competitors are staring at a potential blowout in bad-debt expenses as they try to claw back a combined A$1 billion ($753 million) of loans to steel and iron…
World-EconomyLondon copper edged up on Friday but was still set for its largest weekly loss in three months as investors took profits on concerns that prices had overshot still fragile fundamentals given near…
World-EconomyThe Ethiopian government’s increasing reliance on foreign loans is posing a serious risk of economic collapse, a renowned economist has revealed.
“Take for instance China, which has loaned…
World-EconomyThe World Trade Organization has revised its 2016 global trade forecast downward by more than one percentage point. It said broad market volatility and a slowdown in China would no doubt take…
World-EconomyBritain’s trade deficit narrowed by a miniscule amount in February 2016, nowhere near enough to allay concerns about a failure to rebalance the economy and increase sales of British…
World-EconomyJapan’s Finance Minister Taro Aso has ratcheted up the warning against a rapid rise in the yen as the country’s ultra-dovish monetary policy implodes and threatens to condemn the economy to…
World-EconomyThe Turkish banking sector’s dependency on external wholesale markets could contribute to higher funding costs in light of a weaker international investor confidence, says Moody’s Investors…
World-EconomyUkraine plans to ban imports of Russian oil products, and to remove import duties on second-hand cars except for Russian ones, Prime Minister Arseny Yatseniuk said in a televised cabinet meeting…
World-EconomyThe World Bank has cut its growth forecasts for the Russian economy, predicting it will contract 1.9% this year due to low oil prices and international sanctions, and warns of a rise in poverty.…
World-EconomyGlobal shares were steady Wednesday as investors awaited the release of minutes from a March meeting of the US Federal Open Market Committee to obtain clues about the chances of interest rate…
World-EconomyHungary’s central bank said Wednesday it had fully repaid a multi-billion-euro loan it took out in 2008 from international lenders to prop up its wobbling economy during the financial crisis, RTE…
World-EconomyGerman industrial production declined less than forecast in February as flagging global trade forced factories in Europe’s largest economy to curb output despite strong domestic demand. Production…
World-EconomyIt’s a vote of confidence Reserve Bank of Australia Governor Glenn Stevens would really rather not have right now, Reuters reported. His global peers have been buying Australian government bonds,…
World-EconomyEgypt’s outstanding arrears to foreign oil companies rose to $3.2 billion at the end of March from $3 billion at the end of December, an official at the ministry of petroleum told Reuters on…
World-EconomyThe head of Malaysia Airlines says the carrier recorded a profit in February, its first positive monthly result in years, and is on track to return to the black by 2018. In an interview Wednesday…
World-EconomyChina will be able to avoid a hard landing in the years to come, said a report of Fitch Ratings released in Singapore Wednesday.
China has the financial and administrative resources to…
World-EconomyA third of the India’s 500 largest listed non-financial companies failed to earn enough to make interest payments in the financial year that ended March 2015, according to a new report from local…
World-EconomyTwo former executives at State Street Corp. were indicted in what the US Justice Department said was a “brazen fraud” involving secret commissions applied to billions of dollars in securities…
World-EconomyDoubts are mounting about the future of the UK’s membership in the European Union, but you wouldn’t know it from the country’s stocks. Rather than being punished for a lack of certainty, they’ve…
World-EconomyWhen the present government in Pakistan started its term in June 2013, it inherited challenges like a large fiscal deficit, rising debt burden, unfavorable balance of payments, low foreign…
World-EconomyGermany's economy will remain solid in the near term, but as Europe's growth engine it should boost investment and productivity to build a stronger economy and more inclusive society, the…
World-EconomyIron ore shipments to China from Australia’s Port Hedland, used by miners such as BHP Billiton, rose nearly 12% in March, data showed on Tuesday, Reuters said. Exports to China from the port—the…
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