The Shanghai Cooperation Organization has created a new model for regional cooperation and made new contribution to peace and development in the region, Chinese President Xi Jinping said in a…
World Economy
The latest Eurostat GDP estimate shows that the eurozone economy expanded as initially estimated in the first quarter of this year. The same figures showed that growth during the review period…
Swiss voters dismissed a radical proposal to overturn one of the financial system’s core tenets.
South Korea’s economy is expected to grow 2.8% with some 198,000 new jobs to be created this year, a local think tank said Sunday, a lower growth estimate compared to forecasts made by the…
Egypt’s annual urban consumer price inflation fell to 11.4% in May, down from 13.1% in April, the official statistics agency CAPMAS said on Sunday, a bigger fall than the International Monetary…
The Slovak economy recorded a year-on-year growth of 3.6% in the first quarter of 2018, local media reported on Sunday, Xinhua reproted. The growth rate was 0.6 percentage point higher than that…
President Mamnoon Hussain, while speaking in a session of Shanghai Cooperation Organization Summit in China on Sunday, remarked that he hopes that the general elections in 2018 will bring…
As in other Latin American countries, in recent years China has been a strong investor in Argentina. The environmental impact and economic benefits of this phenomenon, however, are a subject of…
Cocoa House in Ibadan, southwest Nigeria, was built with the earnings from exports of cocoa beans and at 26 storeys was once the country’s tallest building.
The Qatari economy’s steadfastness and rise in the face of the siege has boosted investor confidence, opening up wider horizons for openness and attracting more foreign investments to different…
The Institute for Economics and Peace estimated that in 2017 violence cost the global economy $14.8 trillion, equivalent to 12.4% of GDP—nearly $2,000 a person. Europe was ranked as the most…
Italy’s new government has no intention of leaving the euro and plans to focus on cutting debt levels, Economy Minister Giovanni Tria said on Sunday, looking to reassure nervous markets, CNBC…
Moscow and Beijing have agreed to raise the share of ruble-yuan trade settlements, in a joint agreement signed by Russian President Vladimir Putin and Chinese leader Xi Jinping on Friday.
The Turkish economy is expected to grow 6.9% in the first quarter this year, according to a panel of economists polled on Friday.
A group of 19 experts questioned by Anadolu Agency made…
Greece submitted a draft bill to parliament late on Friday outlining reforms in the energy, pension and labor sectors as the government races to secure the last loans from its international…
Germany’s finance minister is urging bolder steps to strengthen the 19-country euro currency union by setting up a fund to help member states with high unemployment and by laying the foundations…
A G7 summit dominated by disagreement over trade between the US and its key allies has failed to deliver a breakthrough as the meeting enters its second and final day.
Vietnam’s economy is on a more positive growth momentum than last year, with strong foreign direct investment capital inflows, increased foreign exchange reserves and strictly controlled foreign…
Indonesian business leaders are brimming with optimism about their prospects over the next three years, despite moderate economic growth and growing cyber security threats, global auditor KPMG…
For years US inflation has been the dog that did not bark, but rising prices and wages are now showing signs of squeezing profit margins across corporate America, leading investors to punish…
Argentina’s stock market rose 4.15% while its currency fell 1.68% against the dollar Friday, a day after Buenos Aires agreed to a $50 billion standby loan from the International Monetary Fund,…
Mahathir Mohamad, who has said he only wants to be Malaysian prime minister for two years, said the government will prioritize efforts at restoring the wealth and rescuing the nation’s economy…
Stock markets are flying high and the global economy has been humming along. But for how much longer? There's a lot to worry about: Economists warn that trade fights, geopolitical tensions,…
The economist who tried to form an Italian government amid political gridlock says he’s “truly worried” about the new populist leaders’ enacting measures that will swell Italy’s national debt.…
Property prices in Saudi Arabia are among the worst performing in the world, according to a new global study.
Knight Frank’s Global House Price Index for the first quarter of 2018…
