World Economy

  • A combination of Monsanto Co. and Syngenta AG would set the stage for even more mergers and acquisitions, Bloomberg reported. Monsanto has approached Syngenta about a takeover that would…

    World-Economy
  • Spain’s economy is charging ahead, growing at one of the fastest rates in Europe.

    The country’s official statistics agency released data this week showing the Spanish economy is in the…

    World-Economy
  • Italian police have clashed with demonstrators protesting against the Milan Expo, which the government had been hoping would lift a gloomy national mood.

    Police fired tear gas at protesters…

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  • The euro’s nine-month tumble is history. The 19-nation currency posted its biggest weekly gain versus the dollar in six weeks on signs the European Central Bank’s stimulus plan has the region’s…

    World-Economy
  • The International Monetary Fund has said the Ireland government’s new economic plan steers fiscal policy “broadly in the right direction” but it has warned that current favorable conditions could…

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  • Outgoing Nigerian President, Goodluck Jonathan has advised the nation’s workers to be prepared for the harsh economic realities in the country triggered by the recent fall in the prices of oil at…

    World-Economy
  • The Asian Development Bank (ADB) said on Saturday that it was ready to work with the China-led Asian Infrastructure Investment Bank (AIIB) so long as standards were met, while also announcing…

    World-Economy
  • The Australian government has toughened penalties to stop foreign investors from illegally buying homes in the country’s overheating property market, saying those breaching investment laws would…

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  • In April, German unemployment hit its lowest level for the month since 1991 as accelerating economic activity boosted hiring in Europe’s largest economy. The domestic labor market will remain…

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  • An important politburo meeting of the Communist Party of China was held on Thursday on an economic blueprint for China. The meeting stressed that economic growth in the first quarter was in line…

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  • The Markit/CIPS purchasing managers’ index fell from 54 the previous month to 51.9 – above 50 means expansion – with the volume of new work from abroad declining as sterling’s strength made…

    World-Economy
  • Due to continuing challenges around the TPP (Trans Pacific Partnership) agreement, the public release of the revised Guidelines for Japan-US Defense Cooperation is the key policy outcome…

    World-Economy
  • The Russian economy has been surprising to the upside in recent months, although that assessment is conditioned heavily by the fact that “upside” really means lower rate (than expected) of…

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  • While Ukraine’s steel, heavy engineering and power sectors have been crippled by the war in the east and the economic crisis, agriculture has become the country’s leading source of export revenue…

    World-Economy
  • Don’t expect any miracles from the economy. But don’t expect a collapse either. In political terms, it’s kind of a Mexican standoff.

    World-Economy
  • The Irish Central Bank is to swell the coffers of the state by €1.7 billion ($1.9b) after achieving an unprecedented level of profitability last year.

    World-Economy
  • NEARLY £4 billion ($6.06b) was added to the market value of Lloyds Banking Group Friday as its improved financial strength and 21 percent jump in quarterly profit raised hopes for higher dividend…

    World-Economy
  • The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.

    Hafez Ghanem…

    World-Economy
  • US economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, but there…

    World-Economy
  • Assets invested in the global ETF/ETP industry will surpass those in the world’s hedge fund industry during the current quarter, according to a report from independent research and consultancy…

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  • Once again Asian rubber producers are trying to force prices higher, this time by restricting supply and attempting to break the link between physical and futures prices.

    World-Economy
  • A fall in construction output in Britain was a key factor in economic growth slowing in the first quarter of 2105, according to official statistics.

    World-Economy
  • Indonesia has no governmental debt to pay to the International Monetary Fund (IMF), stated Vice President of Indonesia Jusuf Kalla.

    “We have no more governmental debt,” Kalla remarked after…

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  • The euro area’s brush with deflation might be over before it even started. After falling for four straight months, consumer prices in the currency bloc were unchanged in April, according to…

    World-Economy
  • Russian President Vladimir Putin says his country’s economy has weathered the worst of its downturn even though it appears headed for a deep recession.

    In comments reported Tuesday by state…

    World-Economy