World Economy

A new Ro-Ro (roll-on/roll-off) route to Jordan’s port of Aqaba from Turkey announced by Prime Minister Ahmet Davutoglu last Sunday could boost exports to the Middle East, Turkish Exporters…

The trash crisis and political squabbling in Lebanon caused a further decline in consumer confidence in the second half of 2015, according to the Byblos Bank/AUB Consumer Confidence Index.…

Ukraine’s political crisis is seriously thwarting efforts to bring Ukraine’s economy back from two years of recession, the World Bank’s director for Ukraine Qimiao Fan said, RT reported…

Mexico’s Finance Ministry says it plans further spending cuts next year, as weak oil prices pile pressure on a budget that has had billions of dollars sucked from it since the start of 2015.

Things are getting bad in Russia, so bad that the country is weighing sacrificing its future in order to survive its present.

Consumer confidence in the US dipped slightly in March as concerns persisted that the world’s largest economy will cool.

Dubai’s non-oil foreign trade fell to AED1.283 trillion ($349.3 billion) in 2015 from AED1.331 trillion in the previous year.

US regional banks with large energy exposures, including Comerica Inc. and Zions Bancorp, could suffer higher losses than analysts predict if oil prices continue to fall, according to a Standard…

Gold edged higher on Friday as Asian shares fell, adding to its biggest quarterly gain in nearly 30 years, though caution prevailed ahead of the US non-farm payrolls report, Reuters reported.

The Turkish economy has defied recent geopolitical turmoil and domestic terrorism as it remains firmly on the track of robust growth, with an unexpected output jump at the end of 2015 despite…

Moody’s cut its outlook for Mexico’s credit rating on Thursday to negative from stable due to the country’s low economic growth, dicey external environment, and a chance the government may pour…

Mario Draghi is propelling European corporate bond issuance toward a record. Non-financial companies sold €49.4 billion ($56.3 billion) of notes in the single currency in March, just €400 million…

An unexpected expansion in Chinese manufacturing has provided cause for renewed optimism in the world’s second largest economy. Last year China saw its slowest economic growth in a quarter of a…

If Britons vote to leave the EU, London’s financial center faces losing one of its top money spinners—the trade in trillions of euros in derivatives—and the European Central Bank will be pushing…

US Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase & Co to provide details on their dealings with 1Malaysia Development Bhd, as global investigations into the…

One of the most popular hedge fund trades just hit a wall. An investment approach that profits from the divergent paths of high- and low- momentum stocks over time, a strategy that had one of its…

Ending years of financial isolation and court battles, Buenos Aires has acceded to repaying its creditors. If the senate had rejected the payment deal, the debt would have likely gone viral, an…

A rout in Japanese shares led Asian markets lower on Friday as a gloomy suite of surveys on Japanese manufacturing sparked heavy fund selling and overshadowed upbeat news from China’s vast factory…

Britain battled to save its steel industry on Wednesday after India’s Tata Steel put its British operations up for sale, leaving thousands of jobs at risk as a result of cheap Chinese imports.…

Caretaker Prime Minister Mariano Rajoy, who made his record on the economy the focus of his reelection bid in Spain last year, is struggling to retain his credibility.

The dollar slipped on Friday after recording its worst quarter in 6 1/2 years, with investors doubtful that a monthly US jobs report will convince them to move up expectations for when interest…

Despite a further decline in German unemployment in March, Europe’s biggest economy created fewer jobs than normal for the month because the routine spring upswing is proving weaker than in…

Deutsche Bourse AG and London Stock Exchange Group Plc agreed to merge, a deal that would create a titan of European trading as long as rival suitors don’t upend the agreement and regulators give…

Underlying US inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise…

With figures topping $5 billion, a widening trade deficit is likely to greet Burma’s new government on April 1, says the ministry of commerce, NewsNow reported. According to the ministry, the…