World Economy

India and the United Arab Emirates will set up a multi-billion dollar fund to invest in Indian infrastructure projects and cooperate in producing military equipment, space technology and nuclear…

The Brazilian economy is expected to shrink next year, on top of a sharp contraction forecast for this year, according to a weekly central bank survey of economists.

The report,…

Global economic growth will be muted over the next two years, Moody's Investors Service said in a quarterly report Tuesday.

Moody's maintains its baseline forecast for G20 GDP growth at 2.7…

Japan’s holdings of US Treasuries dipped below $1.2 trillion for the first time since 2013 even as purchases of the government debt accelerated among foreigners as a whole.

Turkey’s central bank kept interest rates on hold on Tuesday after a drop in food and energy prices eased inflation pressures, maintaining a cautious stance even after political uncertainty sent…

Turkey's embattled lira hit a new historic low in value against the dollar Monday as investors took fright at ongoing political uncertainty and the prospect of early elections.

The lira…

The average pay of chief executives in Britain's top companies is 183 times that of the typical worker, according to a study published Monday.

Mario Draghi’s trillion-euro boost for the eurozone is not proving sufficient to lift economists’ confidence in the region’s recovery.

For bond investors worried about what might happen when the Federal Reserve starts whittling down its $2.46 trillion of treasuries, there’s good news. You’ll barely even notice.

From Monday, 29 companies in New Zealand are allowed to supply dairy product ingredients to Russia, a statement of the Federal Service for Veterinary and Phytosanitary Surveillance…

Inviting investors from UAE, Indian Prime Minister Narendra Modi Monday said India has an immediate investment opportunity of $1 trillion and the government will take urgent steps to address…

Greece’s biggest lenders are seeing their bonds plummet, on the promise of the Eurogroup president to protect depositors from any losses in the €86 billion ($96 billion) bailout.

The International Air Transport Association announced that the second edition of the World Financial Symposium will focus on industry efforts to support sustained financial health. WFS will be…

A new fund that offers (Persian) Gulf Cooperation Council investors to invest in India’s mid-income residential real estate growth has been launched by global asset management firm ArthVeda Fund…

Thailand’s economy slowed in the second quarter hit by weak domestic demand and exports, official data showed Monday, with growth expected to be hampered by China’s devaluation of the yuan, AFP…

Airbus says Indian budget airline IndiGo has finalized an exceptionally large order for 250 single-aisle A320neo jets, AP reported. IndiGo, India’s largest domestic airline, had signed a…

Most Asian stocks began the week in negative territory as Japan revealed its economy shrank in the April to June period.

Japan’s Cabinet Office said gross domestic product…

Qatar on Tuesday officially launches one of its most “significant” labor reforms to guarantee migrant workers’ wages, but rights groups are concerned over implementation of the new regulations.…

Norway’s $871 billion sovereign wealth fund has excluded two South Korean and two Malaysian companies from its investments, accusing them of turning tropical forests into palm oil plantations,…

Consumer confidence in Singapore has gained steadily, reaching a high of 65.3 index points in mid-2015, according to the MasterCard Index of Consumer Confidence.

Tom Group, the media conglomerate controlled by Hong Kong tycoon Li Ka-shing, is upping its investment in e-commerce as online shopping in mainland China’s vast rural market continues to grow.

Firms violating the midday work ban will be fined SAR 10,000 ($2,665) while some could be forced to shut down, the ministry said Sunday.

About 1,225 firms were found to have violated the…

Anyone who follows China, knows that the country faces a particularly vexing problem when it comes to debt. This can be explained in a simple way: Beijing is attempting to deleverage and re-…

Taiwan is ranked among the most innovative countries in the world. According to the global rankings of IMD and World Economic Forum, it ranks ninth on technological infrastructure and on…

The failure to form a coalition government in Turkey last week and the prospect of another election has dealt yet another blow to the local stock market and prompted a further decline in the…