World Economy

  • Many of Germany’s small- and medium-sized manufacturers are moving slowly to achieve the marriage of technology and industry that policymakers and business leaders believe is essential to…

    World-Economy
  • Global investors traded cautiously on Wednesday ahead of a monetary policy announcement in the United States and an annual budget in Britain.

    Investors hope that the Federal Reserve’s…

    World-Economy
  • The Russian economy has fully adapted to the western sanctions regime, making the time frame of their removal inconsequential to Russia, Russian Economic Development Minister Alexei…

    World-Economy
  • Some 60% of Romanian companies expect their revenues to grow in 2016, while 15% anticipate a contraction, according to a study conducted by the Foreign Investors Council among its members.

    World-Economy
  • Jes Staley said he’s eliminated more than 6,000 positions in his first 100 days in charge of Barclays Plc, after the new chief executive officer shrank the investment bank and exited…

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  • Copper steadied on Wednesday as China’s government pledged more economic support, while gains were capped ahead of the outcome of a Federal Reserve meeting where officials are expected to affirm…

    World-Economy
  • Japanese government bonds firmed on Wednesday, as investors cover their short positions ahead of the outcome of the US Federal Reserve’s policy meeting later in the session, Reuters reported. The…

    World-Economy
  • Egypt’s central bank is expected to raise interest rates on Thursday, a Reuters poll showed, in an attempt to defend the pound after the central bank devalued the currency and said it will adopt a…

    World-Economy
  • The future of this month’s rally in emerging markets is hanging on whether the Federal Reserve signals further policy tightening is imminent.

    World-Economy
  • The Mexican economy, as measured by the inflation-adjusted gross domestic product data, will expand 2.5% in 2016, Plastics News reported. This follows similar gains of 2.5% in 2015 and 2.3% in…

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  • Moody’s Investors Service changed its outlook for Saudi Arabia’s banks to negative from stable on the expectation that bad loans will rise over the next 12 to 18 months because of low oil prices…

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  • Chinese Premier Li Keqiang on Wednesday promised more market-opening reforms and said Beijing can keep slowing growth on track, seeking to reassure jittery global markets about the outlook for the…

    World-Economy
  • Japanese blue-chip firms on Wednesday announced wage hikes far below last year’s increases, a blow to “Abenomics” stimulus policy at a time fears of a deepening global slowdown and jittery markets…

    World-Economy
  • Argentina’s lawmakers are considering a proposal to settle with international creditors holding defaulted sovereign bonds. The long running dispute has blocked the country’s access to much needed…

    World-Economy
  • US retail sales fell less than expected in February, but a sharp downward revision to January’s sales could reignite concerns about the economy’s growth prospects.

    World-Economy
  • French economic growth this year will fall short of the 1.5% economists say is the minimum needed to lower persistently high unemployment, the country’s central bank governor said on Tuesday,…

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  • Indonesia’s growth rate will modestly accelerate in 2016 after slowing for several years amid higher public investment spending and improved sentiment towards reforms in Southeast Asia’s largest…

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  • Economic inequality contributes to financial crises and can undermine human rights, said the United Nations independent expert on foreign debt and human rights, Juan Pablo Bohoslavsky, presenting…

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  • The greatest impact on real economic activity throughout Europe will come from fiscal measures rather than any more monetary stimulus, according to head of European equities at Fidelity…

    World-Economy
  • Turkey’s unemployment rate rose to a 10-month high of 10.8% in December 2015 from 10.5% in the previous month, data from the Turkish Statistics Agency (TUIK) showed on March 15. The rate was 10.9…

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  • Gold fell to its lowest in almost two weeks on Tuesday as the dollar firmed ahead of a Federal Reserve meeting that is expected to give clues on the pace of future US rate rises, Reuters reported…

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  • Lending in Poland fell for the first time in almost a year in February, the first month banks had to pay a tax on their assets, Bloomberg reported. “Deceleration of the lending action is a…

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  • Russia’s Sberbank PJSC said fourth-quarter profit jumped 48%, beating analyst estimates, as rising fee and commission income helped Russia’s largest lender weather the country’s longest recession…

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  • The growing number of migrants is starting to affect Germany’s property market as a lack of housing will inevitably lead to prices rising, according to Postbank.

    The results of the bank…

    World-Economy
  • The world’s second biggest economy will see $700 billion leave the country this year, says Goldman Sachs. However, a currency crisis in China is unlikely to happen soon, according to the bank.

    World-Economy