World Economy

A Bloomberg survey of financial professionals showed that China, which was previously considered as a top market for investment opportunities, is now viewed as one of the worst markets to invest…

Thailand’s central bank surprised markets by cutting its key interest rate for a second straight meeting on Wednesday, with policymakers under pressure to revive the stumbling economy.

Ukrainian leaders are pleading for cash to rebuild an economy battered by a year of war, but said drawing investors to a country where shells are still booming is a struggle, Radio Free Europe…

Shares in Twitter have nosedived after the US social media company reported a drop in revenue for the first quarter and cut its full-year forecast because of weak demand for its new direct…

Sweden’s central bank kept its lending rates on hold on Wednesday after signs of an uptick in inflation and stronger economic growth, surprising markets which had expected a further cut into…

Greece says it will discuss with its creditors on Thursday a draft bill of reforms it hopes will earn their approval and pave the way for the unlocking of vitally needed bailout funds.

The outlook for most of the rich Persian Gulf Arab economies has dimmed for this year and next as oil prices have remained relatively low, according to a Reuters poll published on Wednesday that…

Introducing the April 2015 IMF Regional Economic Outlook: Sub-Saharan Africa, Ms. Antoinette Sayeh, Director of the IMF’s African Department commented Wednesday:

Net foreign assets at Saudi Arabia’s central bank dropped 4.7% from a year earlier in March to 2.590 trillion riyals ($690.6 billion), their lowest level since July 2013, central bank data showed…

The exports of the Belarusian consumer cooperative society Belcoopsoyuz to the European Union went up 4 times in Q1 2015, BelTA learnt from head of the Belcoopsoyuz foreign economic activity…

The World Bank on Tuesday forecast that the Indian economy would grow at 7.5% this fiscal year and that growth is poised to accelerate as policy changes gather momentum.

Several Latin American countries in financial difficulties have recently turned to China as a sort of lender of last resort. Argentina and Venezuela, for example, lacking access to international…

The global economy is headed for a period of “divergence,” in which strong nations and corporations perform even better, while weaker ones fall further behind, two high-profile investors predicted…

Even as the death toll from the Nepal earthquake nears 5,000 — and it looks set to rise much further if reports trickling in from devastated rural areas are anything to go by — experts are warning…

The auditors of the European Commission, the European Central Bank and the International Monetary Fund started Monday reviewing progress in implementation of new legislation concerning the banking…

Santander has today posted a 32% jump in first-quarter net profit as the eurozone’s biggest bank drew on rising income from lending and fees in key markets such as Britain and Brazil, RTE reported…

Germany’s Commerzbank has announced it will strengthen its capital base by issuing a huge number of new shares meant to be bought up by institutional investors. No link to the Postbank sale, the…

More than one-in-five EU part-time workers are underemployed according to data published Monday by Eurostat, the EU’s statistics office. More than a quarter of part-timers in Ireland are…

Eager to build on the US-Japan alliance, President Barack Obama and Prime Minister Shinzo Abe will work to strengthen economic ties further while confronting stiff resistance from the US president…

The number of unemployed in France hit a new record in March at 3.51 million people, up 0.4 percent from February, with young people especially hard hit, the Labor ministry said.

Australia’s real level of unemployment (10.8% - 1.37 million) and under-employment (7.7% - 970,000) is far higher than the official ABS unemployment estimate (6.1% - 760,000), Austgralia’s Roy…

Asian stock markets were lower Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve’s policy meeting.

Foreign direct investment in Indonesia slid in the first quarter of the year as investors stayed cautious while waiting for the government to implement programs to make the country more business…

The two main stock exchanges in the UAE are trying to attract market makers but some industry professionals say Abu Dhabi is offering more generous financial terms and more liberal rules than…

The republic’s economy “remains on track to post moderate growth of 2 to 4 percent” this year, according to the Monetary Authority of Singapore (MAS).