World Economy

  • China’s securities regulator asked brokerages to step up their support for share prices by contributing 100 billion yuan ($15.7 billion) to the nation’s market rescue fund and increasing…

    World-Economy
  • Most Middle East stock markets rose but closed well off their intra-day highs on Sunday and some edged lower as investors started selling into the region’s rally, indicating sentiment was…

    World-Economy
  • Latin Americans and Asians are happy that they do not need the help of the International Monetary Fund. But, Europe can no longer function without it. What’s behind the IMF’s interest in Greece?…

    World-Economy
  •  A growing Malaysian economy at a time of regional and global economic uncertainty is one of the key indicators that the country’s economy is still on the right and solid track, said Prime…

    World-Economy
  • Middle East fund managers have turned more positive towards equities in the region after a plunge in markets reduced valuations and oil prices rebounded, a monthly Reuters survey shows.

    World-Economy
  • Each summer the British media finds a new way to report on the luxury supercars parading around London. From purple Lamborghinis to gold Rolls-Royces and superfast Ferraris, the novelty value…

    World-Economy
  • The Sustainable Development Goals will include targets for information and communication technologies, such as strengthening the Internet. And Latin America will be behind from the start in…

    World-Economy
  • After turmoil hit global markets and stirred fear of a possible world economic crisis, Egyptians are holding their breath, fearing their hopes for economic development could be jeopardized, Ahram…

    World-Economy
  • Cuba’s banking system has begun to take steps to help the island’s private sector as the process of “updating the economic model” moves forward.

    The Cuban banking industry announced this…

    World-Economy
  • The Ministry of Commerce has defended China’s overhauling of its exchange rate formation mechanism, a move which has seen a significant drop in the Chinese yuan’s central parity rate against the…

    World-Economy
  • A group of economic experts has warned that Saudi Arabia stands to lose 795 million riyals ($211.9 million) per day by using oil to generate electricity and for water desalination, and called for…

    World-Economy
  • Australian Finance Minister Mathias Cormann says the Abbott government’s flagged personal income tax cuts will be part of a broader tax reform package, Sky News reported. Treasurer Joe Hockey said…

    World-Economy
  • India’s services sector witnessed around 14% decline in FDI at $636 million in the first quarter of the current fiscal, NewsNow reported. The services sector—which includes banking, insurance,…

    World-Economy
  • Chinese Premier Li Keqiang has issued assurances over his country’s economy after global markets were unsettled by concerns over its slowing growth,AFP reported. Top global markets ended the week…

    World-Economy
  •  Multi-year lows in terms of oil prices are expected to result in large fiscal and current account deficits in Oman starting this year and a series of fiscal reforms are necessary to…

    World-Economy
  • Qatar Railways Company has issued a tender to appoint a project manager for the first phase of Qatar’s rail network, which will also be connected to the wider (Persian) Gulf Cooperation Council…

    World-Economy
  • Reserve Bank of India governor Raghuram Rajan is waxing philosophical about dealing with the challenge of banking reform in his country.

    World-Economy
  • The Peoples Democratic Party has said Nigeria’s status as the largest economy in Africa has declined since President Muhammadu Buhari-led All Progressives Congress assumed office in the last three…

    World-Economy
  • China continues to grow at a not too shabby 7%. And yet, because of the yuan devaluation and the sharp drop in the stock market, in most western capitals the narrative switched to Armageddon…

    World-Economy
  • International Monetary Fund Managing Director Christine Lagarde stressed out that there is an urgent need for cash-strapped Greece’s unsustainable debt burden to be reconstructed.…

    World-Economy
  • Exports from Taiwan to China accounted for 8.5% of China’s total inbound shipment in the first seven months of 2015, making it the nation’s fourth largest importer, the directorate-general of…

    World-Economy
  • The lifting of economic sanctions on Tehran will create an economic windfall for Iran, World Bank’s chief economist for the Middle East and North Africa, Shantayanan Devarajan, told Sputnik this…

    World-Economy
  • Puerto Rico’s imminent fiscal reform plan will aim to persuade bondholders to restructure debt by showing the government is willing to share the burden, Reuters reported.

    World-Economy
  • In just a few days, Canadians will find out whether the economy was officially in recession in the first half of the year.

    For many Canadians, it may be a moot point. Nearly six out of 10…

    World-Economy
  • Philippine stocks continued to rally for the fourth straight day since the freefall last Monday as regional markets reacted positively to the better-than-expected, Xinhua reported. On Friday, the…

    World-Economy