World Economy

Saudi Arabia is the largest Arab investor in Egypt, with $5.7 billion of investments, reports Saudi-based Al Eqtisadiah citing an official.

Egyptian commercial attache in Riyadh, Ahmad Zaki…

Global stimulus is swelling, with China cutting interest rates ahead of disappointing factory data and the European Central Bank set to start government bond purchases just as data hints the…

The year’s biggest event for the mobile industry is now underway. It’s a chance for the world’s innovators to showcase new products and discuss technological evolution.

The unemployment rate in the euro area continues to drop. In January the figure fell to 11.2% from 11.3% in December.

Eurostat made that improvement the headline of its release about…

In January 2015 the surplus of Belarus’ foreign trade in goods and services totaled $244.7 million, BelTA learned from the National Statistics Committee.

Athens asks Russia to partially lift its ban on imports of Greek strawberry, oranges and peaches, Alexei Alexeyenko, an aide to the chief of Russia’s veterinary and phytosantitary watchdog (…

Dutch chipmaker NXP Semiconductors NV agreed to buy smaller US rival Freescale Semiconductor Ltd. for about $11.8b in cash and stock to expand its market share in chips for cars and reduce costs,…

In the last three to four years, the construction industry in the (Persian) Gulf Cooperation Council ((P)GCC) has shown positive signs of recovery. There is still some way to go before the numbers…

Herve Falciani, who took a trove of data from HSBC Holdings Plc that spawned investigations of extensive tax evasion by the bank’s clients, said he also has proof senior managers knew about the…

Britain’s manufacturing growth accelerated more than economists forecast last month as domestic strength offset weakness in Britain’s main export markets.

Markit Economics said its…

The Eurozone’s manufacturing sector showed disappointing growth in February, figures out Monday morning have shown.

Markit’s Eurozone manufacturing Purchasing Managers’ Index (PMI) hit 51…

Vietnam has attracted around $1.2b in foreign direct investment so far this year, down 22.5% compared to the same period last year, Thanh Nien News reported. 148 new projects were…

Italian unemployment in 2014 rose to a record yearly high of 12.7%, up from 12.1% in 2013 and the highest rate since 1977, Istat national statistics bureau said Monday, ANSA reported. As of…

The most persistent myth about genetically modified organisms (GMOs) is that they are necessary to feed a growing global population.

Highly effective marketing campaigns have drilled it…

German unemployment fell to its lowest level in over two decades in February, data from the German Labor Office showed last week. The number of people out of work in Europe’s largest economy fell…

The Department of Finance will host a series of Asia-Pacific Economic Cooperation (APEC) meetings in Tagaytay, Philippines, this week to promote the discussion of financial policies and programs…

Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant US labor market are set to be the focus of an economic week dominated by a host of central…

For years, China has kept its currency from strengthening too much against the dollar. Now, it might need to arrest a slide in the value of the yuan to prevent strain in the country’s financial…

The slowdown in the US economy at the end of last year was more pronounced than previously thought, official figures have shown.

The world’s largest economy grew at an annual pace of 2.2%…

HICP inflation in Germany, Italy and Spain all surprised on the upside in February. On average, the actual prints were 0.4pp higher than forecast by consensus. The higher-than-expected inflation…

Ukraine’s central bank tightened capital controls and announced more curbs may be on the way to stop the hryvnia’s meltdown, fueling a rebound in the world’s worst-performing currency this month.…

Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are “in a different league” and will need…

German Finance Minister Wolfgang Schaeuble told a German newspaper he was sure the Greek government would be able to fulfill the conditions attached to its bailout but warned that it would receive…

Household debt in South Korea is increasing at an alarming pace, as more people take out mortgages to buy homes. Economists say the government should control the level of household debt, which has…

China and South Korea announced on Feb. 25 the signing of a draft version of a bilateral free trade agreement (FTA). Under the pact, the two sides will eliminate their import duties for 91 percent…