World Economy

  • Indonesia posted a trade surplus for the fifth straight month in April, but that stemmed from imports tumbling more quickly from a year earlier than exports did, showing that the economy remained…

    World-Economy
  • The Control Yuan, the government’s top supervisory body, said on Saturday that the job market for indigenous people in Taiwan has shown signs of improving in the past few years.

    World-Economy
  • Four years ago, the Portuguese economy was bailed out with EU funds. Last year, it officially exited the program. Now it wants to pay off an IMF loan early. But all’s still not well.

    World-Economy
  • Home to an estimated 3.74 billion people, the Asia-Pacific region holds over half the global population, determining to a great extent the level of economic stability, or chaos, in the world.

    World-Economy
  • The worn-out workers of Jaya Mayaswori Brick Factory are packing clay and hauling loads with a new sense of purpose — helping to rebuild Nepal after a series of massive earthquakes and aftershocks…

    World-Economy
  • The economy in Ukraine has taken a nosedive in the first months of the year, contracting more than analysts predicted. The news comes as Kyiv negotiates a debt restructuring deal with creditors.…

    World-Economy
  • Malaysia’s economic growth eased last quarter on weaker exports, a slowdown that could deepen after the start of a new consumption tax in April.

    World-Economy
  • US airlines have received benefits valued at $71.48 billion, more than $70 billion of which has been since 2000, enabling the nation’s three largest carriers to transition from the verge of…

    World-Economy
  • The $100 billion development bank, funded by BRICS countries, will offer loans to other middle- and low-income countries, Sputnik reported.

    World-Economy
  • Brazil is expecting more investments in infrastructure, agriculture and the service sector as a result of the visit by Chinese Premier Li Keqiang to the country next week, said a leading…

    World-Economy
  • China and India signed 26 business deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday.…

    World-Economy
  • The University of Michigan’s preliminary sentiment index for May plunged to 88.6, the lowest since October, from 95.9 the prior month. It was weaker than even the lowest estimate of 68 economists…

    World-Economy
  • Jeffrey Sachs, UN advisor on the Millennium Development Goals and Director of the Earth Institute at Columbia University, explains why 2015 is a critical year for global sustainable development.…

    World-Economy
  • Romania’s economic expansion unexpectedly accelerated in the first quarter, probably because of a pick-up in exports and industry. Gross domestic product increased 4.3% from a year earlier,…

    World-Economy
  • Bulgaria’s consumer price index in April 2015 compared to March 2015 was 100.7%, i.e. the monthly inflation was 0.7%, Focus reported. The inflation rate since the beginning of the year (April 2015…

    World-Economy
  • Unemployment in Scotland climbed by 19,000 to 168,000 in the first quarter of the year, according to official figures, BBC reported. Office for National Statistics data showed an unemployment rate…

    World-Economy
  • Telephone giants Verizon and Sprint will pay almost $160 million in fines from the US government for imposing unauthorized charges on its customers. The two companies agreed to settle the matter…

    World-Economy
  • The Bank of England on Wednesday downgraded its forecasts for British economic growth, suggesting it will not be in a rush to raise interest rates this year.

    It cut its estimate for growth…

    World-Economy
  • The divergence between the monetary policies of large economies is elevated but not unprecedented, European Central Bank executive board member Benoit Coeure said on Wednesday, adding that central…

    World-Economy
  • In the first quarter of 2015, the growth of the German economy was slower than predicted. The reasons for this are the anti-Russian sanctions and euro crisis.

    Anti-Russian sanctions have…

    World-Economy
  • Brazilian Finance Minister Joaquim Levy said on Wednesday that he expected the country’s economic slowdown to be temporary and that fiscal discipline remained central to…

    World-Economy
  • European shares steadied early on Wednesday, helped by some clam returning to bond markets and by strong results from France’s Vivendi and Britain’s SABMiller.

    Media company Vivendi rose 2…

    World-Economy
  •  The French economy grew by 0.6% in the first three months of this year. That’s the joint-highest figure for the country since 2011. Analysts had expected 0.4% growth.

    World-Economy
  • Germany’s economy slowed by more than expected in the first three months of the year, official figures have shown, growing by just 0.3%.

    That compares with growth of 0.7% in the previous…

    World-Economy
  • The regional online market for electronics, clothes and white goods, which generated $7 billion in 2014, is expected to nearly double in the next five years, growing in size to $13.4 billion by…

    World-Economy