World Economy

 Finland’s economy unexpectedly grew in the second quarter helped by an increase in exports of services while investments and consumer spending remained weak, Bloomberg reported. Gross…

German factory orders dropped a larger than expected 1.4% in July compared to the previous month, dragged down by flagging foreign demand, AP reported. The Federal Statistical Office reported…

India and the United Arab Emirates will set up a joint working group to forge stronger linkages in the hydrocarbon, chemicals and fertilizer sectors, a foreign ministry official said on Thursday,…

The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF’s mission chief…

The French government pledged to increase aid for agriculture on Thursday, after thousands of farmers converged on Paris and blocked the city’s streets with more than 1,500 tractors to protest…

The Middle East’s 16 largest centers of economic growth could have $367 billion of GDP at risk from a series of threats over the next decade, according to new research for Lloyd’s.

The…

In the 1990s, dot-coms and tech companies were flush with IPO cash, but had little in the way of sales. To show growth, some lent each other cash to buy ads on their sites or to buy their wares.…

Business activity in Egypt’s private sector excluding oil grew in August at the fastest pace of 2015 on the back of solid growth in output, though employment fell for the eighth time in…

Japanese businesses operating in the United States have become hostages of Washington’s sanctions against Russia, according to the Japan Bank for International Cooperation. “Many Japanese banks…

Malaysia’s total trade in July 2015 grew by 4.6% to RM124.08 billion ($29.1 billion) year-on-year, said the Malaysian Ministry of International Trade and Industry Friday.

It said export for…

The latest Markit/CIPS service sector purchasing managers’ index in Britain fell to 55.6 last month from 57.4 in July. Although the figure remained above 50, indicating expansion, it was the…

The Italian government may raise its 2015 economic growth forecast after recent data showed a rise in job creation and a stronger economic outlook, Economy Minister Pier Carlo Padoan told Italian…

Over 150 milliion workers are on a nationwide strike in India and essential services like banking and public transport have been hit in many places. There is major impact in West Bengal and cities…

Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how quickly they put an end to their officials’ serial, mutually…

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries, RT reported. This means the creation of a single financial…

Following Tuesday’s falls on world stock markets, markets in China and Japan again fell Wednesday, as weak manufacturing figures from both China and the US continued to depress investor sentiment…

The world’s lender of last resort, the International Monetary Fund, has said up-and-coming nations must do more to weather the fallout of weaker global growth and a slowdown in China’s economy.

 Brazil is likely to halt one of the world’s most aggressive rate-hiking cycles on Wednesday, sparing more suffering to a contracting economy despite fears a deepening fiscal…

South Korea’s monthly travel deficit in July soared to a 7-year high, as the Middle East respiratory syndrome outbreak held back foreign travelers from visiting the country, central bank data…

The Irish Small and Medium Enterprises Association (ISMEs) Tuesday called on the government to use the upcoming budget to ‘come clean’ on threats of cost increases in minimum wage, parental and…

United Arab Emirates-based builder Arabtec on Wednesday denied a media report that it would only develop the first phase of a project in Egypt to build one million homes, Reuters reported. The…

If oil prices take another dramatic slide, as I believe they will, who wins and who loses? And could plummeting oil prices sow the seeds of the next recession?

The value of Arab merchandise exports reached roughly $1.225 trillion in 2014, accounting for 6.5% of the world’s merchandise export value, recent figures show, AMEinfo reported.

The Czech central bank may need to stick to loose monetary policy beyond next year as price growth remains below target and global economic trends pose downside risks to the inflation outlook,…

Government data has confirmed that Canada officially fell into recession in the first half of this year.

Prime Minister Stephen Harper is doing his best to avoid using the term ahead of a…