World Economy

The head of an International Monetary Fund (IMF) team visiting Ukraine gave a positive assessment of progress by Kiev on reform on Sunday and said there would be further discussion on loans that…

More people are going to prison for tax evasion in the UK, according to official statistics, but the average length of these jail terms has fallen sharply over the past four years, Yahoo News…

New factory orders in Spain surged in May, pushing growth in the manufacturing sector to its fastest rate in over eight years, a survey showed on Monday, Reuters said. Markit’s Purchasing Managers…

Trade in Asia is experiencing a cycle of intense weakness. Both imports and exports have been subdued for several months, Asiya Investments said in its latest analysis.

However, the…

European Indices were set to open higher Monday morning but traders will proceed with caution as fears over the state of the European economy and Greece continue to cloud the markets reports…

Russia’s economic contraction deepened in April as its key drivers deteriorated, the economy ministry said Monday, Dow Jones reported. Russia’s gross domestic product contracted by 4.2% in April,…

South Korea’s exports fell the most in almost six years in May, underscoring concern that the slump in overseas sales is harming a recovery in Asia’s fourth-biggest economy.

Asian shares pared earlier steep losses on Monday after Chinese markets rallied as investors focused on some of the bright spots in separate surveys of Chinese factory activity.

Investments and trade between Saudi Arabia and France have marked a significant increase, according to French Ambassador Bertrand Besancenot.

Economic growth is expected to have slowed significantly, with little signs of life outside of the housing and mining sectors.

The annual rate of growth is expected to have slowed to 1.9…

China and South Korea on Monday formally signed the bilateral free trade agreement (FTA), sharing views that the free trade pact will serve as an all-round cooperative platform for both countries…

The speed at which the British economy is growing is increasing, the Confederation of British Industry (CBI) says, according to a BBC report. Research by the CBI suggests business activity…

Foreign direct investment in Latin America and the Caribbean fell 16 percent in 2014, reversing a decade-long growth trend as the region's economies slowed, a UN panel said.

Foreign…

Years of uncertainty and economic pain spent keeping Greece in the eurozone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will…

Herman Gref, the head of Russia’s largest bank Sberbank, welcomed the introduction of Islamic banking in the country’s traditionally Muslim regions, saying it would help attract capital from Arab…

At a time when eurozone growth remains low at an average of 0.4 percent in the first quarter of 2015, Slovakia has managed to grow at double that rate with growth of 0.8 percent in Q1. While…

Qatar has been ranked second in economic performance, the International Institute for Management Development (IMD) said in its World Competitiveness Yearbook 2015. The IMD said this year’s…

The growth and development of the African continent depends on all its states working together to build a competitive and thriving continent.

When all nations play their part in growing…

Central bankers and monetary authorities at the recent Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) said they expected the region to remain resilient in the face of an uncertain…

Shinsei Bank, a leading diversified Japanese financial institution, has expressed desire to acquire the Asia Pacific operations of GE Capital, the financial services unit of General Electric,…

The European Central Bank, bolstered by the success of its controversial bond purchase program, will pledge to keep it in place while downside risks to economic growth remain, analysts said, AFP…

Scotland had the lowest rate of female unemployment of any country in Europe in the final three months of last year, according to new figures, country’s Press Association reported. The rate of…

Standards and transparency continue to be rough spots with G-7 countries when it comes to China’s Asian Infrastructure Investment Bank (AIIB). Japan’s Jiji Press reported Friday that G-7 finance…

Russia should be invited to rejoin a summit of the Group of Seven industrial powers next weekend, the heads of two German business lobby groups were quoted as saying on Sunday.

The leaders…

Concerns are growing over the negative effects that the US’ coming interest rate hike could have on the South Korean economy, while some local analysts have downplayed the possibility that the…