World Economy

The Australian Tax Office says it is investigating more than 800 wealthy Australians for possible tax evasion linked to their dealings with a Panamanian law firm, Mossack Fonseca, which is one of…

The South Korean won gained the fastest among Asian currencies last month on the back of the US Federal Reserve’s dovish stance on raising interest rates and slower depreciation of the Chinese…

The Reserve Bank of India will announce its first bi-monthly monetary policy review for 2016-17 on April 5, PTI reported. With inflation under check and government sticking to its fiscal…

Japan will need economic measures in the second half of the current fiscal year after Prime Minister Shinzo Abe said the government will front-load budget spending, according to the vice president…

Saudi Arabian stocks declined to a five-week low, leading losses across most Middle Eastern equities, after the deputy crown prince triggered a slump in crude prices by placing the onus of…

Seeking to inject new momentum in bilateral ties, Prime Minister Narendra Modi today held wide-ranging talks with Saudi King Salman bin Abdulaziz on ways to expand strategic cooperation in a range…

At the end of a tough quarter, the fraught debate over how policymakers should tackle the world’s economic woes gets another airing in the coming week as central banks on both sides of the…

Chinese Vice Premier Ma Kai has called for more efforts to stabilize growth in industrial production and improve quality and profitability in the sector.

The industrial sector is the main…

Japan is witnessing a record number of compensation claims related to death from overwork, or “karoshi”, a phenomenon previously associated with the long-suffering “salary man” that is…

Pakistan has turned down an International Monetary Fund proposal to amend the constitution so that the government needs parliament’s prior approval before obtaining a supplementary budget. …

Vietnam has had policies to attract more investment in the farming industry, especially foreign direct investment, but investors must overcome numerous challenges to achieve success, experts said…

Finance ministers and central bank governors from G20 countries will meet in Shanghai under the leadership of the Chinese presidency. With so many issues on the table for the G20 to deliberate…

The International Monetary Fund’s 2016 economic outlook for Nigeria spells doom for the nation’s growth prospects, with the projection that gross domestic product would be far worse than it…

All eyes are back on Greece in April as the country tries to unlock more funds from international creditors to help mend its battered economy.

But despite racking up huge amounts…

Irish businesses are owed an estimated €4 billion-plus (over $4.5 billion) in overdue payments–and the problem is putting thousands of small- and medium-sized operators out of business, NewsNow…

For the pound, the past three months were the most volatile since June against the dollar -- and a gauge of future price swings suggests there’s more to come.

Greece on Saturday demanded "explanations" from the International Monetary Fund after Wikileaks said the lender sought a crisis "event" to push the indebted nation into concluding talks over its…

UK manufacturing grew less than forecast in March, underscoring the uneven nature of the economy as the global slowdown takes its toll on exports.

A Purchasing Managers’ Index increased to…

Scottish economic activity weakened in the first quarter of the year as the impact of the global oil price downturn dragged on output, Reuters reported. The first RBS Business Monitor, conducted…

Talks ended between Orange and Bouygues, which together represent over 60% of France’s mobile market. Insiders have blamed the failure of negotiations on disagreements over valuation, DW reported…

Prices for factory goods in the eurozone dropped the most since 2009 in March, in a sign that weak inflationary pressures may be cutting into companies’ ability to charge more even as…

By the end of 2017, Bahrain’s debt is expected to reach 65% of GDP, as it will need an oil price of $120 to balance its books, NewsNow reported. “Oil is central to the six (Persian) Gulf…

The latest data on Brazil’s industrial production on Friday showed deepening recession in Latin America’s biggest economy, though its trade surplus grew and the currency is rising on prospects of…

Emerging markets are fast losing their shine for the world’s biggest investment banks. Faced with falling fees from fewer deals—and bleak prospects ahead—many have put the brakes on a decade-long…

The International Monetary Fund is considering forcing Germany’s leadership to quickly grant wide-ranging debt relief for Greece or allow the fund to exit Athens’ bailout program after six years,…