World Economy

Asian shares slipped on Monday and the dollar stayed near a four-month low against a basket of major currencies after soft data raised doubts over whether the US economy has been…

A large part of the vitally important debate about Britain’s future in or out of the European Union will be based around a simple question which raises a whole host of complicated answers.

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The monetary policy committee (MPC) of the Reserve Bank of South Africa holds its policy meeting this week and it will probably focus on consumer inflation, which is trending higher this year…

Megaprojects are high-risk bets. They can shore up the government that brought them to fruition, but they can also ruin its image and undermine its power – and in the case of Brazil the balance is…

Economic progress being sought by ASEAN must be sustainable and inclusive, with the fruits of success shared by all, said Prime Minister Datuk Seri Najib Tun Razak.

He noted that the…

The Nepalese government has painted a bleak picture for the country’s economy, saying that almost all major economic fundamentals have be battered by the earthquake, NewsNow quoted local media as…

Prospects for a step-change in global economic growth are better than they have been in many years, but much depends on solid evidence that an awful first quarter for the United States is far in…

South Korea will likely unveil measures to boost its outbound investment to make use of accumulated dollars and reduce possible risks from the excessive current account surplus, government sources…

The budget’s forecast for economic growth in the coming financial year, 2015-16, is slightly stronger than that of the Reserve Bank of Australia. But, perhaps more significantly,…

Investors will watch for any change in the economic outlook from housing data and remarks by various Federal Reserve speakers next week, while retailers will take over on the earnings front as the…

The UK’S richest 20 percent have more than one hundred times the wealth of the poorest 20 percent, with the combined household wealth of £9.1 trillion ($14.31t) remaining for the most part in the…

While borrowers rejoice at the ultra low and even negative interest rates in Europe, savers fret and life insurance companies and pension funds face what is virtually a mission impossible.

China returned as the United States’ largest foreign creditor in March, even as overall foreign central bank holdings of US Treasuries fell, US government data shows.

China held $1.261…

Two United Nations specialized agencies predicted that unemployment in Latin America will increase slightly this year due to a lackluster economic outlook.

Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money supply stopped growing, The market Oracle…

A senior economist of the UAE’s biggest bank Emirates NBD, Tim Fox, said Saturday that the International Monetary Fund’s (IMF) move to downgrade the expected gross domestic product (GDP) growth…

Indian Prime Minister Narendra Modi held talks Sunday with his counterpart during a visit to Mongolia, with the two nations upgrading relations as Delhi tries to strengthen its influence in China’…

Although persistent structural weaknesses continue to take a toll on Pakistan’s overall economic performance, the GDP growth is likely to remain higher than last year’s level, said the State Bank…

The unemployment rate among Jordanians has increased from 14.5 percent prior to the Syrian crisis in 2011 to 22.1 percent at present, according to a recent report by international…

Five major international banks are expected to plead guilty as soon as next week to criminal charges in the US related to their deliberate manipulation of global foreign exchange markets, which…

Britain has slipped into deflation, official figures could show this week, with lower air fares, cheaper water bills and an ongoing supermarket price war expected to have pushed the…

Japanese growth data and a central bank meeting will be in focus for Tokyo investors next week, as the country wraps up its latest earnings season.

Egypt’s unemployment rate fell slightly in the first quarter of 2015 to 12.8% from 13.4% in the same period the previous year, state-run statistics body CAPMAS announced on Sunday, Ahram Online…

The headline inflation rate rose to 16.8 percent in April 2015 from 16.6 the previous month, due to rising utility and fuel cost, GhanaWeb quoted the Ghana Statistical Service as saying. The jump…

Surging exports on the back of a competitive euro and a recovery in the value of the huge amount of pharmaceutical products made in Ireland is likely to soon trigger a new round of upgrades in…