For all the concern that there’s a crisis brewing in some developing economies, emerging markets are showing resilience going into the final week of May, thanks to the dollar’s recent pause and…
World Economy
The economic losses caused by truckers’ long strike across Brazil since Monday have so far exceeded 10.2 billion reais ($2.8 billion), according to initial estimates from various sectors.
Indonesian Finance Minister Mulyani Indrawati said the government is willing to accept slower economic growth as a trade-off for stability.
While the on-again, off-again threat of an all-in trade war continues to grab the headlines, a more subtle shift is pointing to the brakes being applied the global economy. A number of important…
Asia Pacific faces an imminent labor shortage of 12.3 million workers by 2020, and if not addressed it could have a significant impact on major APEC economies by 2030, says a report.
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Profits earned by Chinese industrial firms in April rose at their fastest pace in six months, data from the National Bureau of Statistics showed on Sunday, as factories benefited from higher…
North Korea on Sunday fumed at US reports that the country is seeking economic assistance from the United States in return for denuclearization, Yonhap reported.
Egypt’s first sovereign wealth fund will help the country diversify investments, shield the economy against unexpected fluctuations and open the door for investment partnerships with other Arab…
Given the government’s efforts to accelerate reforms and to modernize the financial sector, Myanmar’s economy is projected to increase to 6.7% next year, according to Ellen Goldstein, World Bank…
South Korea’s economic growth rate ranked fifth among members of the Organization for Economic Cooperation and Development in the first quarter of the year, a sharp turnaround from three months…
The Polish economy will become less and less dependent on the European Union funds, Polish Prime Minister Mateusz Morawiecki said, commenting on possible reductions of funds for Poland in the…
Qatar is stripping shop shelves of goods that come from rival nations embroiled in the nearly year-long diplomatic spat with Doha. Items imported from Saudi Arabia, the United Arab Emirates,…
The European Union's budget commissioner says he hopes Italy's prospective new government will master a "big learning curve", and cautions that the eurozone's rescue fund wouldn't be able to…
Spain’s 2018 general state budget, recently approved by the congress of deputies, will boost growth of employment in the country, according to the BBVA Research chief economist for the Iberian…
Business data firm IHS Markit said last week that its composite purchasing managers index for the eurozone fell to 54.1 in May from 55.1 in April. This was the lowest reading in 18 months, and a…
Economists predict workforce growth around the world is set for a slowdown, and some worry about what that could mean for the global economy.
President Donald Trump’s threat to levy tariffs on imported vehicles aims at the heart of Germany’s export-led economy, further straining relations between the two long-standing allies.
The European Union›s €166 billion ($193.5 billion) budget for 2019 will “invest in a stronger and more resilient European economy”, it has announced.
S&P 500 companies have returned a record $1 trillion to shareholders over the past year, helped by a recent surge in dividends and stock buybacks following sweeping corporate tax cuts…
Italy’s rating may be cut by Moody’s over concerns about the new government’s fiscal plans and the risk that some important past measures, such as pension reform, might be reversed, Bloomberg…
The Vietnamese government will strive for gross domestic product growth of 6.8% in 2019, according to a direction signed by Prime Minister Nguyen Xuan Phuc this week, VNA reported.
President Donald Trump said the US would allow Chinese telecommunications-equipment maker ZTE Corp. to remain in business after paying a $1.3 billion fine, changing its management and board and…
German business confidence held steady in May after falling for five straight months, a survey showed, suggesting company executives in Europe’s biggest economy are keeping their cool despite…
Multilateral free trade is a key to global economic stability, global leaders at the 22nd St. Petersburg International Economic Forum have agreed.
Jordan’s exports to the North American Free Trade Agreement countries have increased by 14% including to the US by 13% compared with same period in 2017, the Jordan news agency Petra reported.…
