World Economy

Africa’s most developed economy has just racked up its third finance minister in five days, raising fears among economists that the country’s political and economic problems could see the…

Sweden’s economy is on a massive tear, but for the country’s central bank, that’s actually pretty awful news.

Sweden’s economy grew by 4.5% on an annual basis during the fourth quarter of…

The $5.3-trillion currency market is getting harder for traders to make money in as price changes that once took months or weeks now happen more quickly, says Hugh Killen, Westpac Banking Corp.’s…

China National Chemical Corp. is seeking to borrow a total of $35 billion to help fund the purchase of Syngenta AG, in a potential record financing for a Chinese acquisition, Bloomberg reported.…

Thailand’s industrial output fell more than expected in January and at the sharpest pace in more than a year, showing the trade-reliant economy continues to struggle amid weak global and domestic…

Have central banks lost control of the world’s economies? The Bank of Japan recently took official interest rates negative. It joined the European Central Bank and the central banks of Sweden,…

Angola is about to provide a test case of whether diversification can help boost an economy that relies heavily on oil production.

China recorded a $20.7 billion service trade deficit in January, up from $18.6 billion in December, according to data released by the State Administration of Foreign Exchange on Monday, Nasdaq…

Scottish First Minister Nicola Sturgeon is stepping up efforts to urge Britons to vote to stay in the European Union in June’s referendum, even as proponents of quitting the bloc argue that the UK…

Qantas Airways credit rating has been upgraded by Moody’s Investors Service, ending the Australian carrier’s more than two-year spell as a junk-rated credit, Bloomberg reported. The Sydney-based…

Finance ministers and central bank governors of the Group of 20 major economies ended their meeting in Shanghai this weekend with the usual promises to bolster the global economy. They resolved to…

India unveiled a fire-fighting budget on Monday that seeks to win back support among rural voters for Prime Minister Narendra Modi’s government and sustain growth against a grim global backdrop—…

Prices in the eurozone fell in February, falling short of already depressed expectations and virtually ensuring another round of policy easing from the European Central Bank on March 10.

Moldova’s government contends with widespread protests, as citizens grow furious with a system managed by oligarchs.

Financial supporters from the West have frozen financial assistance…

Turkey’s foreign trade deficit declined 13.4% year-on-year in January, the Turkish Statistical Institute reported on Monday, Anadolu Agency reported. In January, the deficit fell to $3.76 billion…

Senior ministers called on Sunday for a truce in a heated debate on Britain’s membership of the European Union, saying the ruling Conservative Party must be civil if it wants to stay in power.

US Treasury Secretary Jack Lew said on Sunday that it was critical for China to continue moving toward a more market-oriented exchange rate and clearly communicate its actions to the market.

In a battle against declining economic outcomes, China is attempting to regain a semblance of control by changing existing policies and halting pessimistic statements in the media. The task is…

The Federal Reserve’s claims that the US is not entering a recession are not reassuring, according to one widely followed market watcher who insists a downturn is already underway. Investor Raoul…

Foreign direct investment worth $2.8 billion was registered for new and existing projects in Vietnam in the first two months, up 135% compared to the same period last year, according to new…

Turkey’s authorities are offering (Persian) Gulf Cooperation Council nationals the opportunity to invest in properties outside the Persian Gulf region through iconic projects in Turkey that…

Cyprus Central Bank and European Central Bank Board member Chrystalla Georghadji said on Sunday that she is optimistic about the course of both the Cypriot economy and the banking system.

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The European Central Bank could extend money printing, Francois Villeroy de Galhau, the head of France’s central bank, told a German newspaper on Sunday, as the long-term impact of low oil prices…

The Governor of Central Bank Arjuna Mahendran has said that Sri Lanka’s economic growth is running above 5% and needs to achieve a 7% economic growth by the end of this year with foreign…

British Finance Minister George Osborne warned that he might cut public spending more deeply than he previously planned after the country’s economic growth fell short of the pace foreseen in his…