Investors poured the most cash since October 2013 into global money markets on the heels of trade tensions and turmoil in developing economies.
World Economy
At last year’s G7 summit in Italy, leaders of the world’s leading economies were still sizing up Donald Trump. A year on, those same world leaders gathering in Canada will have got the measure…
Mario Draghi is ready to end the European Central Bank’s bond-buying program even if he puts off the decision for one more policy meeting, economists say in a Bloomberg survey.
Almost a…
US economic growth could face a challenging slowdown as the Trump administration’s powerful fiscal stimulus fades after two years, according to former federal reserve chairman Ben Bernanke.
The economy shrank by an annual rate of 0.6% in the first quarter of 2018 as consumers kept their purse strings tight despite signs that paychecks are finally beginning to rise after decades of…
South Korea’s top economic policymaker on Friday asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the government’s…
Romania recorded a 4% economic growth in the first quarter of 2018 compared to the same quarter of last year, mainly driven up by domestic consumption, according to fresh data released by the…
Portugal has turned a corner. Having gone through a mild boom, a slump, and a severe recession, all packed into less than two decades, the Portuguese economy has reemerged with a newfound…
Argentina and the International Monetary Fund have agreed on a three-year $50 billion standby financing deal aimed at strengthening the South American country’s economy and helping it fight…
Forbes has published an article saying inward investment into Saudi Arabia collapsed in 2017 and onwards, based on published data from the United Nations Conference on Trade and Development.
German industrial output and exports fell in April, data showed on Friday, adding to signs that Europe’s largest economy started the second quarter on a weak footing.
Global food prices in May rose to their highest level since October last year, according to the United Nations Food and Agriculture Organization on Thursday.
As the Bharatiya Janata Party completes four years in office, India’s institutions of national governance are significantly diminished in stature and struggling to retain credibility.
In April Commonwealth leaders met in a retreat at a royal residence in the English county of Berkshire and agreed on strategies to deepen trade in their 53-member organization, improve security…
Factory growth in Asia’s major manufacturing hubs showed signs of cooling last month as they braced for a rocky ride from rising global trade tensions, while the region’s key emerging markets…
Sudan’s Ministry of Finance and National Economy said inflation rate has significantly increased during the first quarter of 2018 compared to the same period in 2017. The ministry said inflation…
Oman’s economy witnessed remarkable improvement in 2017 in a variety of sectors, as it registered growth of 8.7% at current prices after two successive years of recession, ONA reported. An…
Unemployment reached a multi-decade low last month, dropping to 3.8%.
One of the segments of the population that usually suffers from very high joblessness, black Americans, had a record…
Big businesses are interested in the prospects of creating a territory with a special legal regime in Russia’s Kaliningrad region, deputy chairman of the regional government Alexander Shenderuk-…
Ratings agency S&P downgraded German giant Deutsche Bank’s long-term credit rating from A- to BBB+, a day after a US banking regulator classified the firm’s American subsidiary as an at-risk…
Vietnam registered a trade surplus of $3.39 billion in the first five months of 2018, reported the General Statistics Office. The foreign direct investment sector, including fuel, took the lead…
The United States has come under fire from finance ministers at a Group of Seven meeting in Canada over its decision to impose tariffs on some metal imports.
America's closest neighbor…
Turkey defended its economic policies on Saturday, a day after Moody’s placed the country’s rating on review for a downgrade and Fitch said it was monitoring its banks.
The Lahore Chamber of Commerce and Industry has urged political parties to show maturity and safeguard the interests of the country.
An ongoing trade spat between the US and China—which could come to a head over the summer if heavy tariffs are slapped on Chinese imports to the US—may have a silver lining for Beijing.
