World Economy

A speedily aging and shrinking workforce is one of the more certain new variables that Canada’s finance minister, Bill Morneau, must toss into the mix as he imagines the future impact…

China has unveiled an ambitious plan that aims to raise $230 billion through green bonds for environmental projects over the next five years. If successful, with an average of $46 billion a year,…

The bosses at more than a third of Britain's biggest companies including oil giants Shell and BP and its largest telecoms group said leaving the European Union would put the economy at risk,…

The world economy is going through a “tepid” recovery, International Monetary Fund Chief Christine Lagarde has said, adding that growth in advanced economies should be higher.

India’s steel industry, in a latest move, has demanded the basic customs duty on all steel imports to be raised to 25%, from the current 10%.

India is the third-largest steel producer in…

Japanese government bond prices gained on Tuesday, supported by wobbly Tokyo stocks and firm results in a 40-year debt auction, Reuters reported. The benchmark 10-year JGB yield was down one basis…

Germany’s statistics office says the country last year achieved its highest budget surplus since reunification a quarter-century ago, AP reported. The Federal Statistical Office said Tuesday that…

China’s total social financing was at 141.57 trillion yuan ($21.7 trillion) at the end of January, up 13.1% from a year earlier, the central bank said on Tuesday, Reuters reported. That included…

The Hungarian central bank left its benchmark interest rate unchanged as policy makers stuck to their pledge to focus on unconventional monetary easing if it needed to combat below-forecast…

With bank stocks sagging, particularly in Europe, could a pinch of additional quantitative fairy dust and even more negative interest rates make the economic formula even better?

For Nigeria to survive the falling global oil prices, government must diversify the economy, the World Bank vice president and treasurer, Arunma Otteh has said.

She said Nigeria ranks 152…

The Internet of Things is changing the world around us. It’s advancing the future of business and bringing new capabilities and efficiencies to companies to help them stay competitive. Its…

Analysts expect Brazil’s economy to contract by 3.40% this year, with inflation hitting 7.62%, the country’s central bank says, Bernama reported. Last week, analysts said they expected Brazil’s…

Russia’s deputy prime minister and presidential envoy in the Far Eastern federal district said he doesn’t rule out an economic slowdown in the region in the next couple of years but after that the…

A report from Moody’s this week gave cause for concern. It warned that the world’s biggest economies risk being sucked into a negative spiral of low growth and falling investment as market fears…

French banks, unlike their European rivals, are vowing to hang on to a broad array of businesses and even grow market share, a strategy backed by long-term investors but penalized by the market.…

Finance Minister Taro Aso said on Tuesday that Japan wants to seek a response to the global market turmoil stemming from risk aversion when the Group of 20 finance leaders meet in Shanghai this…

Sovereign wealth funds may withdraw $404.3 billion from global stock markets this year if crude prices stay between $30 to $40 per barrel as oil-rich nations seek to shore up their finances,…

China’s top leaders pledged on Monday to keep economic growth within a reasonable range this year, state radio said after a meeting of the politburo chaired by President Xi Jinping.

China…

The head of Rusal Company and one the most notable oligarchs in Russia, Oleg Deripaska, forecasted that the oil price per barrel will fall to $18 while the Russian ruble will weaken against the…

HSBC said on Monday it was being investigated by the Securities and Exchange Commission in relation to hiring practices of candidates with ties to government officials in Asia. “HSBC has received…

 Four out of the five members in the Reserve Bank of India’s external panel recommended the central bank keep interest rates on hold at its Feb.

China will aim to close more than 1,000 coal mines over the course of this year, with a total production capacity of 60 million tons, as part of its plans to tackle a price-sapping supply glut in…

Negative interest rates have become the equivalent of central bankers serving one ice cream sundae too many to the world economy, BlackRock’s chief investment officer of global fixed income says…

Iraq, struggling with low oil prices and a war with Islamic State militants, may raise $2 billion in eurobonds this year and will probably ask the International Monetary Fund for more aid.