Saudi Arabia’s Purchasing Managers’ Index edged lower last month as new orders contracted. Saudi PMI fell to 51.4 in April from 52.8 in March, which represents the lowest reading since the…
World Economy
Crucial talks aimed at heading off a trade war between China and the US have ended with key differences over tariffs and trade imbalances remaining unresolved. Both sides agreed, however, to…
South Korea has begun tentative preparations for infrastructure projects in North Korea, chiefly to connect railways along the coast and modernize those in the North, paving the way for further…
India has seen its growth in manufacturing activity thanks to faster expansions in output and new orders, according to an industry gauge. The Nikkei India Manufacturing Purchasing Managers’…
Singapore’s manufacturing sector saw its 20th straight month of expansion in April, though the rate of growth has steadied over the last six months, according to figures out on Wednesday. April’…
Ukraine’s deficit of foreign trade in commodities over the period under review grew by 1.3% year-on-year, Unian reported. The deficit of Ukraine’s foreign trade in goods and services in January-…
Seasonally adjusted unemployment has remained unchanged in the 19-member eurozone, fresh figures from the statistics office have shown. Joblessness is currently at its lowest level since…
In 2015, 193 countries adopted the 17 Sustainable Development Goals as an overarching policy roadmap through 2030. These goals are predicated on the idea that for a sustainable future, economic…
After significant reforms, Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth is picking up led by exports. Labor market reforms…
The International Monetary Fund on Wednesday warned (Persian) Gulf Cooperation Council Arab states against complacency over a looming debt crisis, urging continued economic reforms despite a…
Every country granted an exemption from US President Donald Trump’s tariffs on steel and aluminum imports will face an import quota and other restrictions, White House trade adviser Peter…
Canada’s economy rebounded more than economists forecast in February, a reassuring sign the nation is poised to emerge from a recent soft patch in growth.
Manufacturing activity remained relatively solid in major Asian economies such as China and Japan in April, but exports showed signs of weakness across the region, a worrying development given…
Turkey’s exports in the first quarter of 2018 reached $41.2 billion, up 8.9% from the same period in 2017, while imports rose to nearly $62 billion, up 22.7%, according to Turkish Statistical…
Malaysia’s net financing growth continued to support economic activity but moderated to 6.8% in March this year from 7.4% in February.
Bank Negara Malaysia said the growth of net…
The German government lowered its economic growth forecast for the current year to 2.3%, although it said the outlook remains good and expects growth next year to be strong as well. The new…
Singapore’s total loans and advances including bills financing of Domestic Banking Units grew 5.36% year-on-year to a predicted 661.6 billion Singapore dollars (about US$500 billion) in March,…
To say the last decade has been difficult for Europe’s southern states would be an understatement. The global financial crisis and the great recession triggered a subsequent crisis in the…
South Korea’s industrial output slipped at the steepest rate in more than two years in March due to a drop in production in the auto and machinery sectors.
According to data by…
Hong Kong led a rally across most Asian markets on Monday as traders brushed off a slowdown in the US economy, while the boost from last week's historic North-South Korea summit continued to…
Trust is an economic variable sounded like an echo swirling around Wuhan’s East Lake in China as President Xi Jinping was hosting last Friday and Saturday Indian Prime Minister Narendra Modi for…
After keeping investors on the edge of their seats, Bitcoin may be maturing into a period of relatively boring stability, experts say.
A worldwide wave of regulation has led to a…
New Zealand business confidence dipped in October, while remaining at an elevated level, as firms started to face slightly tighter credit conditions in an environment where low interest rates have…
European leaders reaffirmed their commitment to protect the region’s trade interests and address elements of a nuclear accord with Iran, even as attempts to lobby the US president on those…
SoftBank Group unit Sprint announced a long-sought merger deal with rival T-Mobile US, reaching a breakthrough after SoftBank Chairman and CEO Masayoshi Son agreed to give up control of the…
