World Economy

For companies with enough cash on their books, there’s a silver lining to the stormy credit markets: they can buy back their bonds on the cheap.

A fresh survey from Germany’s statistics office has shown that the United States has overtaken France to become Germany’s most important trading partner in 2015, DW reported. Europe’s economic…

The Russian government has approved a 684.8 billion ruble ($9.3 billion) anti-crisis plan as the country’s economy struggles with low oil prices and western sanctions, and looks set to…

With some of their European rivals including Deutsche Bank AG still reeling from full-year losses, French banks entered a tumultuous 2016 with the strongest earnings in almost a decade and pledged…

Australia’s economy outpaced all forecasts to grow at the fastest pace in almost two years last quarter, a hopeful sign the worst of the global commodity rout may be over for the resource-rich…

Japan’s government is unlikely to be able to launch a stimulus package to support its struggling economy without raising concerns about the size of its spending, ratings agency Standard & Poor…

Former Federal Reserve Chairman Alan Greenspan said negative interest rates, if pursued for an extended period of time, will eventually distort saving and investment.

Ahead of the EU summit on migration, EC President Donald Tusk is making a lightning tour of key states on the refugees' Balkan route. A cap on migrant numbers has led to families being blocked on…

US construction spending surged in January to the highest level since 2007, in the latest indication that the economy was regaining momentum after slowing in the fourth quarter.

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The euro hit its lowest in almost three years against the yen while European shares extended their strongest run of the year on Tuesday as data from around the region bolstered the case for more…

Trade between Moscow and Tokyo has quadrupled since 2006, according to Japan’s Minister of Economy, Trade and Industry Motoo Hayashi, RT reported. “In 2013 trade between our countries reached a…

Japanese government bond yields were near record lows Tuesday, pushed down after the market confirmed robust investor demand at a 10-year debt auction, despite negative yields, CNBC reported. The…

German joblessness fell for a fifth month in February in a sign that economic momentum will continue to be underpinned by household spending, CNBC reported. The number of people out of work…

 London copper pared early losses on Tuesday, as expectations grew that China would have to boost stimulus to shore up its economy after data showed a slowdown in factory activity last month…

As sea levels rise, threatening cities from New York to Shanghai, the economic damage will increase even faster, scientists said.

One of the Federal Reserve’s top policymakers has warned of increased risks to US growth and flagged up a troubling fall in inflation expectations, as caution continues to percolate through the…

South Korean exports in February tumbled in their 14th consecutive month of declines, with the longest slump in the country’s modern history underscoring how a slowdown in China is putting trade-…

With Russia mired in the longest recession in two decades, there hasn’t been a lot of good economic news lately. But there’s one indicator that’s looking up, and it’s the one that matters most to…

British bank Barclays has confirmed it will be selling its stake in Barclays Africa.

The UK bank has a 62.3% share in the African operation. Speculation has been rife for some time that it…

Gold’s blistering start to 2016 may be just the beginning, according to Taurus Wealth Advisors Pte, which says bullion may prove to be this year’s best performing asset as central banks exhaust…

Manufacturing activity across much of Asia shrank in February with China suffering a seventh straight month of decline, a blow to policymakers who only a day earlier resumed an easing cycle in a…

China aims to lay off 5-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two reliable sources said, Beijing’s boldest…

Venezuela’s government will begin printing larger-denominated bank notes sometime this year, a top finance official said, as runaway inflation has eroded the value of the nation’s biggest bill to…

China should supply the bulk of the investment needed for a planned railway from the Thai-Laos border to the Gulf of Thailand as the project will benefit Beijing, Thailand’s transport minister…

China’s central bank stepped up efforts to cushion its economic slowdown amid plunging stock prices and a weakening currency, cutting the amount of cash the nation’s lenders must lock away.…