World Economy

Standard Chartered Plc is in talks with Iraq’s Finance Ministry to take part in a $2 billion bond sale this year after OPEC’s second-biggest producer revived plans to tap international debt…

The Bank of Japan is set to hold off cutting interest rates at next week’s rate review, sources say, as it scrambles to soothe market jitters caused by January’s surprise decision to adopt…

Japan’s Canon Inc is set to buy Toshiba Corp’s medical equipment unit for ¥700 billion ($6.2 billion), beating rival Fujifilm Holdings Corp in a hotly contested auction, the Nikkei business daily…

Lockheed Martin Corp. plans to cull about 1,000 jobs from its aeronautics division, which makes the F-35 fighter and other military aircraft, amid constrained defense spending, Bloomberg reported…

Private sector companies based in Dubai signaled the first deterioration in overall operating conditions in February since data collection began in 2010.

At 48.9, the headline seasonally…

A moderately risk-averse tone dominated currency markets on Wednesday, with the safe-haven yen broadly higher amid anxiety about a slowdown in China.

Saudi Arabia's government has asked banks to submit proposals to extend it a five-year, US dollar loan of between $6 billion and $8 billion, with an option to increase the size, sources familiar…

E.ON, Germany’s largest utility, posted a record loss for the second year in a row following asset writedowns totaling more than half its market value and prepared investors for lower payouts as…

London copper was steady on Wednesday after prices fell the most in a day since November in the previous session when grim China February trade data renewed fears over economic growth in the world…

Depositors at some of the largest US banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone.

Malaysia left interest rates unchanged as accelerating inflation reduced scope for a cut in borrowing costs at Governor Zeti Akhtar Aziz’s last scheduled policy-setting meeting. Bank Negara…

Indonesia has the opportunity to become an automotive production hub for the ASEAN and gradually replace Thailand as a car production base, according to the Ipsos Business Consulting Firm.

The global economy’s health is growing worrisome amid volatile financial markets and low commodity prices and is in dire need of collective action for getting buoyed, as per David Lipton, first…

For an asset touted as a hedge against inflation, gold’s doing pretty well right now. The metal is off to its best start to the year since 1974 even as expectations for gains in consumer prices…

European Central Bank head Mario Draghi has all but promised more monetary stimulus for the 19-country eurozone economy at Thursday’s meeting of the bank’s governing council. Now the question is,…

Calendar-adjusted industrial production increased by 5.6%, compared to January 2015, according to data released by the Turkish Statistical Institute TurkStat on Tuesday.

Seasonally and…

Eurozone finance chiefs handed Greece the prospect of talks on debt relief as soon as its bailout review wraps up, while renewing their call on Prime Minister Alexis Tsipras’s government to…

Global shares sagged Tuesday as oil prices gave up overnight gains and China reported sharply lower trade figures for February. A weaker dollar weighed on Japanese stocks following the release of…

Mark Carney was accused of jeopardizing the Bank of England’s credibility in the European Union debate as he faced a fiery line of questioning from UK legislators.

The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growth prospects of several economies, but it does not signal a threat of global recession, Moody'…

Sri Lanka will raise its value added tax and reintroduce capital gains tax to break out of a debt trap, Prime Minister Ranil Wickremesinghe said on Tuesday, ahead of talks on a $1.5-billion loan…

President Barack Obama will be accompanied on his historic visit to Cuba this month by up to 20 members of Congress, and is also considering further measures to ease travel and trade restrictions…

For all the importance Metro Bank Plc Chairman Vernon Hill places on his bank’s branch network, it’s doing more to attract depositors than borrowers.

London copper dropped on Tuesday, falling away from recent four-month highs after weak Chinese trade data damaged the outlook for metals and revived fears that a downturn in China’s economy could…

German energy giant RWE has announced that it will cut thousands of jobs at British subsidiary npower, after the group posted an “extremely disappointing performance” in 2015.

Npower…