World Economy

Sweden’s economy grew more than expected at the end of last year, with GDP rising by 1.1 percent between the third and fourth quarter, according to new figures from Statistics Sweden.

The…

According to Standard Bank, China’s investment in African resources remain at a relatively early stage but this is likely to increase further over the next decade.

Ghana is expected to receive $100 million as the first tranche of bailout funds from April under the International Monetary Fund (IMF) program, GhanaWeb said.

That should come in after the…

Afghanistan is holding discussions with the International Monetary Fund (IMF) to privatize its New Kabul Bank, a commercial bank. The treasury chief Alhaj Mohammad Aqa told Reuters that two…

Kazakhstan will join hands with the Organization for Economic Cooperation and Development (OECD) to implement an innovative economic policy project this year, according to Vice Minister of…

Russia’s 2015 budget deficit is seen at 3.7% of gross domestic product, First Deputy Finance Minister Tatiana Nesterenko said on Friday. She added that the Finance Ministry planned to cut budget…

France has seen a fall in the number of those claiming unemployment benefit in January, Euronews reported. Those seeking work now number close to 3.5 million a drop of some 19,000…

International Business Machines Corp (IBM), which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas…

Britain’s nervous investors pulled record levels of money from funds as markets approached all-time highs in January, according to figures from the Investment Association.

Japan’s benchmark Nikkei index edged up to a new 15-year high on Friday as the yen weakened against the dollar, with investors shrugging off some disappointing economic figures.

Turkey’s rocketing gold exports helped narrow the trade deficit to its lowest level since 2010.

The gap shrank 38 percent from a year ago in January to $4.31 billion, beating the median…

Singapore bonds that typically offer lower yields than US Treasuries now pay the highest premium since 1998, as analysts cut forecasts for the city’s dollar.

Saudi Arabia's stock market regulator on Wednesday suspended trading in one of the country's major telecommunication firms, Etihad Etisalat, after the company reported losses of $243 million last…

Samsung Electronics Co., South Korea’s top tech firm, said Wednesday that it is considering adopting a direct yuan settlement for its shipments to Asia’s biggest economy to reduce costs and…

Thai exports dropped 3.5% year-on-year in January to $17.3b due to declines in farm-product exports, especially natural rubber and rice, NewsNow reported.

Along with the five and ten euro notes, relaunched during 2013 and 2014, the new 20 euro note is part of the new Europa series, named after a figure from Greek mythology. The series…

With reports that Ukraine’s gas supply could be turned off imminently and fears that the country is on the brink of bankruptcy, Ukraine government officials told CNBC the country is relying on…

Copper dipped on Wednesday on uncertainty about China’s economic growth and as bearish investors resumed selling when Chinese markets reopened after a break.

Copper surged to a six-week…

World stocks were within touching distance of an all-time high on Wednesday as investors cheered signals from Federal Reserve Chair Janet Yellen that the US central bank would not rush into…

A Chinese manufacturing gauge rebounded in February, suggesting stimulus efforts and the US recovery are supporting factories in the world’s second-largest economy. The preliminary Purchasing…

Lorry drivers are blocking roads in a number of Brazilian states in protest against the high cost of fuel and tolls, BBC said. Deliveries of soya and corn to one of Brazil’s main ports, Paranagua…

Apple Inc has been ordered to pay $532.9m after a federal jury found its iTunes software infringed three patents owned by Texas-based patent licensing company Smartflash LLC, Reuters…

South Africa’s gross domestic product (GDP) increased by 4.1% in the fourth quarter of 2014, Statistics South Africa (Stats SA) announced, AllAfrica reported Wednesday.

“Real gross domestic…

Moody’s Investors Service has downgraded the ratings of eleven Russian regions, four cities, and three state-owned companies, the ratings agency said on Wednesday.

Currency wars are raging worldwide, and China is bearing the brunt of them. The renminbi has appreciated sharply over the past several years, exports are sagging, and the risk of deflation is…